Category: News
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China Imposes Retaliatory Provisional Duties on EU Dairy Imports
China’s Ministry of Commerce announced on Monday, December 22, that provisional duties of up to 42.7% will be imposed on certain European Union (EU) dairy imports, following the conclusion of the first phase of an anti-subsidy investigation. The measures, effective Tuesday, December 23, target products including milk and cheese, such…
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U.S. Announces $10 Billion Arms Deals with Taiwan, Prompting China’s Response
The Trump administration has announced a massive $10 billion arms sale to Taiwan, including medium-range missiles, self-propelled howitzers, drones, and other advanced military equipment, sparking a strong rebuke from Beijing. The State Department unveiled the package late Wednesday, December 17, coinciding with a nationally televised address by President Donald Trump.…
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South Korea Signs Trade Deal to Import British cars, Salmon and Guinness
South Korea has signed a new trade agreement with the United Kingdom aimed at expanding imports of British-made cars, Scottish salmon and Guinness canned in Britain. The deal replaces a bilateral arrangement agreed in 2019 following the UK’s departure from the European Union. Bilateral trade between South Korea and the…
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Thailand to Hold Early Elections amid Border Clashes with Cambodia
Thailand’s Prime Minister Anutin Charnvirakul announced on Thursday, December 11, that he is “returning power to the people,” moving to dissolve parliament and pave the way for early elections, a dramatic acceleration from previous plans. Government spokesperson Siripong Angkasakulkiat told Reuters that the decision followed a disagreement with the opposition…
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U.S. Increases Military Presence on Yonaguni Island amid China Tensions
The United States has been enhancing its military presence on Yonaguni Island, Japan’s westernmost outpost, amid growing concerns over China’s increasing assertiveness, particularly regarding Taiwan. Located just 112 kilometers from Taiwan, Yonaguni plays a vital role in the U.S. military’s strategy for regional deterrence and defense. According to recent reports,…
