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US President Donald Trump's most extensive tariffs to date came into effect on Saturday, imposing a 10 percent baseline tariff on most imports, excluding goods from Mexico and Canada. This move, aimed at addressing trade deficits, has raised concerns about potential retaliation from trading partners, with China already announcing a reciprocal 34 percent tariff on US products. The tariffs, which could escalate tensions and impact the global economy, also include higher rates for around 60 partners set to take effect on April 9. Notably, Trump's tariffs do not affect certain critical imports like copper and pharmaceuticals, but investigations into these goods may lead to future duties. The EU and Japan have signaled they might respond, with the EU considering taxes on US tech companies. Economists warn these tariffs could hinder growth and increase inflation, reminiscent of the Smoot-Hawley Tariff Act of 1930, which contributed to a global trade war. 
Published: Apr 05 2025, 9 ameznews.inIndia and the United Arab Emirates have reached an agreement to establish an energy hub in Sri Lanka, as announced by India's Ministry of External Affairs on Saturday. This pact, signed during Prime Minister Narendra Modi's visit to Sri Lanka—the first by a global leader since President Anura Kumara Dissanayake took office in September—aims to enhance India's influence in the region amid growing competition with China. The hub will be located in Trincomalee and will feature a multi-product pipeline, potentially utilizing a World War II-era tank farm linked to Indian Oil Corp. The UAE's involvement is seen as vital in this strategic venture. Additionally, Modi inaugurated a $100 million solar power project and both nations completed their debt restructuring process, addressing Sri Lanka's $1.36 billion debt to Indian banks. Agreements on power grid connectivity, digitalisation, security, and healthcare were also finalized.
Published: Apr 05 2025, 6 pmeznews.inA chance encounter between American streamer IShowSpeed, real name Darren Watkins Jr., and a Donald Trump impersonator in Chongqing, China, has gone viral on social media. During a city tour, IShowSpeed was taken aback when his local guide, Chen Rui—who uses the English name Ryan—began to speak in a voice remarkably similar to that of the former US President. In a now-famous video, IShowSpeed exclaimed, "You sound like Trump!" as Chen fully embraced his impersonation, prompting laughter and amazement. Comments on the clip highlighted the accuracy of Chen's portrayal, with one user noting, "That voice alone is incredibly accurate." Chen, who has never visited the US, developed his impersonation skills through years of practice and gained a significant following on Instagram, boasting over 342,000 followers. His rise to fame coincided with the US TikTok ban, redirecting attention to alternative platforms.
Published: Apr 05 2025, 4 pmeznews.inIn a revealing interview with Hamilton College President Steven Tepper, former US President Barack Obama candidly addressed the strains in his marriage to Michelle Obama, acknowledging he was in a "deep deficit" during his eight years in office from 2009 to 2017. He admitted to making efforts to strengthen their bond through fun activities, highlighting the toll his demanding presidential duties had taken on their relationship. Obama noted the relief of being out of the White House, which has allowed for more quality time with his wife. Michelle has also been open about their marital challenges, stating in a 2022 interview that there were years when she "couldn't stand" her husband. Amidst swirling rumors of infidelity, particularly involving actress Jennifer Aniston, the couple has attempted to counter speculation by sharing affectionate posts on social media, reaffirming their commitment to one another.
Published: Apr 05 2025, 4 pmeznews.inLord Charles O'Hagan, the 79-year-old godson of the late Queen Elizabeth II, has died following a head injury that led to a subdural hematoma. He passed away on March 23 at North Devon District Hospital in Barnstaple, though the circumstances surrounding the injury remain unclear. Born Charles Towneley Strachey O'Hagan, he maintained a close relationship with the royal family throughout his life, having been made a godson by the Queen when she was still Princess Elizabeth. A graduate of Eton College and New College, Oxford, Lord O'Hagan served as a Member of the European Parliament for Devon from 1973 to 1975 and again from 1979 to 1994. His familial connections included his mother, Lady Mary Sophia Palmer, who served as Lady-in-Waiting to the Queen. Lord O'Hagan was married three times and had one daughter, Nino Natalia O'Hagan Strachey.
Published: Apr 05 2025, 4 pmeznews.inIn the wake of President Donald Trump's announcement of significant tariffs on foreign goods, American consumers are rushing to stockpile essentials before prices rise. Reports indicate a surge in purchases of items such as laptops, smartphones, apparel, and automobiles, particularly those assembled outside the U.S. With a 32% tax on imports from Taiwan and a staggering 52% on those from China, shoppers are keen to beat the impending price hikes. Popular clothing brands like Gap and H&M, which source a substantial portion of their products from countries like Vietnam and Bangladesh, are seeing increased sales. Furthermore, consumers are also buying foreign foods, gym equipment, and home appliances, all expected to become more expensive due to the tariffs. Trump’s tariffs, described as a "Liberation Day" for American industry, are set to affect around 60 trading partners, with the initial 10% tariff already in effect.
Published: Apr 05 2025, 2 pmeznews.inThe death toll from a devastating earthquake in Myanmar has surpassed 3,300, with state media reporting 3,354 fatalities and over 4,500 injuries following the 7.7-magnitude quake on March 28. More than a week later, many survivors remain without shelter, either sleeping outdoors or fearing further building collapses. The United Nations estimates that over three million people have been affected, exacerbating existing challenges from four years of civil conflict. UN aid chief Tom Fletcher, who visited the severely damaged city of Mandalay, emphasized the urgent need for global support, stating, "The destruction is staggering." Meanwhile, Myanmar's military junta chief Min Aung Hlaing returned from a controversial regional summit, facing protests branding him a "murderer." The junta has reportedly conducted numerous attacks since the quake, complicating relief efforts, although countries like China, Russia, and India have already sent aid. The U.S. has pledged an additional $7 million in assistance.
Published: Apr 05 2025, 3 pmeznews.inPrime Minister Narendra Modi was awarded Sri Lanka's highest civilian honour, the Mithra Vibhushana, during his three-day visit to the island nation, a recognition of his efforts to enhance bilateral relations and cultural ties. Sri Lankan President Anura Kumara Dissanayake presented the award, emphasizing Modi's deserving nature of this accolade, which Modi remarked is a "matter of pride" not only for him but for all Indians. This award marks the 22nd international recognition for Modi and symbolizes the enduring friendship between India and Sri Lanka, featuring elements like the Dharma Chakra and Navrathna gems. Modi's visit also included a ceremonial welcome at Independence Square, bilateral talks, and the signing of several key agreements, including a defence cooperation pact and initiatives to develop Trincomalee as an energy hub. The visit reflects a significant step in strengthening the historical ties between the two nations.
Published: Apr 05 2025, 1 pmeznews.inAn Oklahoma man has been charged with first-degree murder following the fatal shooting of a Catholic priest at a church rectory in Seneca, Kansas. Authorities reported that 57-year-old Arul Carasala was found with gunshot wounds outside the Saints Peter and Paul Catholic Church on Thursday and later died in hospital. Gary Hermesch, 66, was arrested and charged, with the complaint alleging he "intentionally and with premeditation" killed Carasala. Although the motive remains unclear, local parish director Kris Anderson described the incident as shocking, noting that an older man approached the priest and shot him three times. Carasala had served as pastor since 2011 and was a beloved figure in the community. Archbishop Joseph Naumann acknowledged the "pain and shock" felt by residents, assuring them there was no ongoing threat. Hermesch is being held on a $1 million bond.
Published: Apr 05 2025, 12 pmeznews.inJP Morgan has forecasted that the US economy is likely to enter a recession this year, primarily due to newly imposed tariffs by President Donald Trump. In a note to investors, chief US economist Michael Feroli indicated that the tariffs could lead to a contraction in gross domestic product (GDP) and an increase in the unemployment rate to 5.3 percent. This prediction follows Trump's announcement of reciprocal tariffs on various countries, aimed at rebalancing trade relationships. Federal Reserve Chair Jerome Powell expressed concerns that these tariffs could exacerbate economic damage and complicate inflation control efforts. While tariffs of 10 percent on imports will take effect on April 5, countries with large trade deficits, including India, will face higher tariffs starting April 9. Despite the tariffs, brokerage firm Jefferies suggested that key Indian sectors like IT services might be insulated, although a broader US economic slowdown could still negatively impact demand for Indian exports.
Published: Apr 05 2025, 12 pmeznews.inAnthony Scaramucci, a former White House communications director and Wall Street figure, has voiced concerns over Donald Trump's "cruel" nature while acknowledging his sharp political instincts, particularly following Trump's recent announcement of sweeping tariffs. As the U.S. grapples with the implications of these tariffs, which contradict economic logic, public sentiment appears to be turning against Trump. A recent CBS News poll revealed that 64% of Americans believe he is not focused enough on lowering prices, with many fearing that the tariffs will exacerbate inflation and hurt the economy. Critics, including veteran Republican strategist Karl Rove and economists, argue that Trump's approach disregards the complexities of the global economy and could harm key voter demographics, including farmers. Despite the potential short-term pain, Trump insists that these tariffs will ultimately restore American manufacturing and generate significant government revenue, though skepticism remains about their long-term viability and impact on U.S. competitiveness.
Published: Apr 05 2025, 12 pm
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