Friday, August 1, 2025

Taiwan’s president calls 20% tariff rate ‘temporary’

INTRO: Taiwan's President Lai Ching-te on Friday called the 20 per cent tariff rate the US slapped on imports from his country "temporary" and expressed the hope it could be lowered through further talks.

After four rounds of face-to-face negotiations and multiple video conferences, Taipei and Washington were still trying to strike a deal, as Laura Westbrook reports.

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US says frustrated with India's slow trade negotiation as tariffs come into effect

Intro:


US Treasury secretary Scott Bessent says the US is frustrated with India's slow pace in negotiating a trade deal. 


The world's fourth largest economy was slapped with 25% tariffs despite months of negotiations. 


Ishan Garg tells us what it means for the country's businesses. 


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Thursday, July 31, 2025

Witkoff to visit Gaza amid food crisis

US Special Envoy Steve Witkoff will visit Gaza on Friday to see the
worsening food crisis first-hand.

It follows a Thursday meeting with Israeli Prime Minister Benjamin
Netanyahu to discuss new efforts to achieve a ceasefire with Hamas.

Nick Harper reports from Washington.

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US special envoy meets Netanyahu as Gaza "famine" unfolds

US Special Envoy Steve Witkoff has met Israeli Prime Minister Benjamin Netanyahu in Jerusalem as global outrage intensifies over the humanitarian crisis in Gaza.

Canada is the latest Western power to say it will recognise a Palestinian state.

Kate fisher reports from Washington


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US, Pakistan reach final agreement on trade terms

Suggested Intro:

Pakistan says it has reached a trade deal with the United States - just ahead of the August 1 deadline for reciprocal tariffs.

The confirmation comes after US President Donald Trump said that the two countries have signed a deal to jointly develop Pakistan's oil reserves.
 
Hira Mustafa has more.

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US STOCK MARKET SOARS, FOLLOWING EARNINGS REPORTS

U.S. stocks rose to record highs on Thursday following strong earnings from two of the country's tech giants, Microsoft and Meta.

The positive results came after strong economic data was released on Wednesday, showing the U.S. economy grew by three percent in the second quarter.

Mitch McCann reports:

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Ukraine restores independence to anti-corruption agencies

European Union officials have applauded Ukraine's decision to restore
independence to the country's anti-corruption agencies.

President Volodymyr Zelenskyy's ruling party received serious backlash
after taking steps to erode the authority of the two bodies.

William Denselow reports from Brussels

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RADIO: DRC-RWANDA PEACE DEAL

INTRO:

Rwanda's Minister of Foreign Affairs says the Democratic Republic of Congo must demonstrate its willingness to dismantle a Rwandan militia group known as the FDLR in eastern DRC in order for Rwanda to lift its "defensive measures" in the DRC. Minister Olivier Nduhungirehe made the remarks in Rwanda's parliament during the ratification of a US-brokered peace accord between the DRC and Rwanda. Chris Ocamringa has more from Kinshasa.


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Ukrainian president calls for "regime change" in Russia after deadly strike on Kyiv

The Ukrainian president has called for "regime change" in Russia after another deadly strike on Kyiv.

Eight people were killed in the Russian attack on Ukraine's capital, with Volodymyr Zelenskyy saying the conflict was "a war that only the Russian leadership wants".

Ross Cullen reports.



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UK TRANSPORT SECRETARY TO GRILL AIR TRAFFIC CONTROL BOSS AFTER SYSTEM FAILURE

The UK transport secretary will meet the boss of UK air traffic control later, after a 20-minute computer system outage prevented flights from taking off for over an hour on Wednesday.

British airlines have expressed frustration with the National Air Traffic Service, with Ryanair calling for CEO Martin Rolfe to resign.

Stuart Smith has more from London.

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Canada backs Palestinian statehood

Canada has become the latest G7 country to announce plans to recognize
a Palestinian state in September.

Meanwhile, US special envoy Steve Witkoff will visit Israel on
Thursday to discuss the starvation crisis in Gaza.

Blake Sifton reports from Tel Aviv

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Google to invest $6bn in data centre in south India - Report

Google is reportedly planning to invest $6 billion to build a 1 gigawatt data centre in south India.

Reuters reports, citing government sources, that the US tech firm will also develop the power infrastructure for the facility.

Rebecca Bundhun reports from Mumbai.

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India Launches NASA‑ISRO’s NISAR Satellite to Track Climate and Disaster Threats

India and NASA have jointly launched a first‑of‑its‑kind dual‑radar Earth observation mission designed to monitor climate change and natural hazards from space.

The satellite will begin operations in October.

Kshitij Nagar reports from New Delhi.

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Trump announces deal to impose 15% tariff on South Korea

INTRO: The US reached a trade agreement with South Korea that will impose a 15% tariff on imports, including autos, and sets up major investment in American energy and shipbuilding.

It comes just a day before a 1 August deadline for countries to reach agreements with the US or be hit with higher tariffs. Laura Westbrook reports.

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India says its committed to protecting domestic industry after US imposes 25% tariffs


Intro:


India says it is committed to protecting its domestic industry after President Donald Trump said the US will impose 25% tariffs on the world's fourth largest economy.


In a brief statement the country's commerce ministry said it is pressing on with trade negotiations with Washington.


But with the August 1 deadline hours away, hope of a deal that could see India facing lower tariffs is fading away, as Ishan Garg tells us from New Delhi. 


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Wednesday, July 30, 2025

US Fed keeps interest rates steady as Trump pressure for cut mounts

The US Central Bank has left interest rates unchanged for another month as pressure for a rate cut mounts from the White House. Toni Waterman has more from Washington  

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Tsunami warnings downgraded on US West Coast

The tsunami warning issued for parts of the US West Coast has been downgraded, after a massive 8.8-magnitude earthquake off of Russia's east coast sparked widespread concern about potential impacts across the Pacific.


However, officials say coastal areas should remain cautious for any further activity.

Ira Spitzer reports from San Francisco


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Trump: India tariffs at 25%, no extension for other countries

US President Donald Trump says India will face a 25% tariff rate,
despite calling the country America's "friend".

He's also made it clear he will not be extending the current pause on
tariffs beyond his August 1st deadline.

Nick Harper reports from Washington.

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US GDP OUTPACES ESTIMATES FOR THE SECOND QUARTER

The U.S. economy grew at a stronger-than-expected pace in the second quarter of the year, marking a turnaround after a decline in the first quarter, which was largely attributed to a surge in imports.

Mitch McCann reports:

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Trump announces 25% tariffs on India

Intro:

President Donald Trump has announced that India will face at least 25% tariffs starting August 1.

In a post on Truth Social he blamed New Delhi for imposing strenuous non tariff market barriers - and called India's continuing trade with Russia a problem.

Ishan Garg tells us more from New Delhi.

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Duration: 33 sec

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