logo
Tensions are high between India and Pakistan, two nuclear powers

Tensions are high between India and Pakistan, two nuclear powers

Yahoo09-05-2025

India and Pakistan both say their military sites were targeted with attacks, leading to an escalation between the two countries late Thursday.
Both of the nuclear powers deployed drones, missiles, air defense systems and fighter jets against each other in what is a rare aerial clash.
Tanks haven't moved yet in this war-like conflict, expected to continue for at least the next few days.
India hasn't faced such airborne attacks since the 1971 Indo-Pakistan war.
Border villages and towns in both countries were evacuated ahead of the exchange of gunfire, according to reports.
The India-Pakistan border ranked as one of the most dangerous international boundaries in the world, according to a Foreign Policy article in 2011. But tensions are especially high right now, following the deadly militia attack on tourists in Kashmir, India, in late April.
New Delhi held Islamabad accountable for the act of terrorism in Pahalgam, a popular tourist destination in the Indian-administered part of Kashmir, as the Deseret News reported.
At least two dozen people were killed by terrorists in Kashmir, India. Pakistan authorities denied the country's involvement.
Kashmir has long been the scene of frequent unrest between India and Pakistan, which both control portions of the land there, as does China.
India launched a retaliatory attack against Pakistan on May 7, killing more than 30 people.
But New Delhi's 'measured' response led to a dangerous crossfire between the two countries Thursday night.
At the second annual Crossroads of the World International Trade Summit Thursday in Salt Lake City, former United States Secretary of State Antony Blinken said he hopes the conflict won't continue to escalate.
He acknowledged the horrific attack on India but added, 'It's not in Pakistan's interest to continue this.'
Pakistan is making strides with their economy, under the International Monetary Fund's direction, he said.
'And fundamentally, I don't think India wants this,' Blinken added.
Although verified information is sparse, many credible reports indicate continued shelling on the ground.
Several videos online show India's Air Force Defense System deployed to the maximum effect for the second time in two days.
Prime Minister Narendra Modi has not addressed the nation since the strikes. During a cabinet meeting, he called for 'continued alertness' and 'clear communication.'
Pakistan closed airports for four hours and India suspended all its flights departing from near the 2,000-miles-long India-Pakistan border.
X, formerly known as Twitter, received an order from the Indian government to suspend 'accounts belonging to international news organizations and prominent X users' amid the conflict, when misinformation is rampant on social media.
In New Delhi, public spaces, like the areas near India Gate, were closed and evacuated while other parts of the country, especially Srinagar in Kashmir, experienced blackouts. Schools in Punjab, an Indian state that shares a border with Pakistan, will be closed for the rest of the week.
U.S. Secretary of State Marco Rubio spoke to Indian External Affairs Minister Subrahmanyam Jaishankar and Pakistani Prime Minister Muhammad Shehbaz Sharif separately on Thursday but fell short of playing the mediator.
He 'emphasized the need for immediate deescalation' and encouraged a direct dialogue between the two parties in both conversations.
He also expressed his condolences for the losses on the Indian and Pakistani sides. The vice president called on 'Pakistan to take concrete steps to end any support for terrorist groups' and 'reaffirmed the United States' commitment to work with India in the fight against terrorism.'
New Delhi's Wednesday strikes were intended as a response to the tourist massacre in Kashmir in April and they only targeted alleged terrorist infrastructure, Indian Ambassador to the US Vinay Kwatra told CNN.
'When we did this the day before yesterday, our assumption was that we have completed what we set out to do ourselves vis a vis the terrorists,' he said. 'We, from our perspective, had brought a certain finality to it.'
'Pakistan chose to escalate it further,' he added.
Following the terrorist attack on India in April, U.S. Vice President J.D. Vance, who was visiting India that same week, told Fox News that he hoped New Delhi 'responds to this terrorist attack in a way that doesn't lead to a broader regional conflict.'
'And we hope, frankly, that Pakistan, to the extent that they're responsible, cooperates with India to make sure that the terrorists sometimes operating in their territory are hunted down and dealt with,' Vance added.
President Donald Trump also condemned the 'terror' attack and expressed his support for India at the time.
Former presidential candidate Nikki Haley, an Indian American, defended India's recent attacks in a post on X.
'Terrorists launched an attack that killed dozens of Indian citizens. India had every right to retaliate and defend itself,' she wrote. 'Pakistan does not get to play the victim. No country gets a pass for supporting terrorist activity.'
Weeks after the Pahalgam terrorist attack, India responded through 'Operation Sindoor," a 'measured and non-escalatory' plan.
New Delhi directed 24 missiles at nine alleged terrorist camps in Pakistan, killing 30 people over the course of half an hour on Wednesday night.
Pakistani Foreign Minister Ishaq Dar said their Chinese-made aircraft shot down two Indian aircraft and 25 drones, according to CNN.
The next morning, Pakistan shot down 25 Indian air defense system drones. According to the Indian defense minister, 16 people, including some children, died during this attack.
This led to an ongoing flurry of drone attacks on Thursday night.
Reports out of India also indicate the possibility of a naval operation underway against Pakistan.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Carney invites Modi to G7 summit despite strained ties between Canada and India
Carney invites Modi to G7 summit despite strained ties between Canada and India

Yahoo

time34 minutes ago

  • Yahoo

Carney invites Modi to G7 summit despite strained ties between Canada and India

TORONTO (AP) — Canadian Prime Minister Mark Carney on Friday invited Indian Prime Minister Narendra Modi to the G7 summit in Alberta later this month, an invitation Modi accepted despite strained ties between the countries. The countries expelled each other's top diplomats last year over the killing of a Sikh Canadian activist in Canada and allegations of other crimes. The invitation prompted anger from the World Sikh Organization of Canada, which wrote to Carney in May asking him not to invite Modi. Tensions remain high between Canada and India over accusations about Indian government agents being involved in the murder of a Canadian activist for Sikh separatism in British Columbia in 2023. Carney extended the invitation to Modi in a phone call between the two leaders on Friday. The summit runs from June 15 to 17. Carney noted Canada is in the role of G7 chair and said there are important discussions that India should be a part of. 'India is the fifth largest economy in the world, the most populous country in the world and central to supply chains," Carney told reporters, adding that there has been some progress on law enforcement dialogue between the two countries. 'I extended the invitation to Prime Minister Modi and, in that context, he has accepted,' Carney said. Carney said there is a legal process underway in the killing of the Canadian Sikh activist and said he would not comment on the case when asked by a reporter if he thought Modi was involved. The tit-for-tat expulsions came after Canada told India that its top diplomat in the country is a person of interest in the 2023 assassination of Hardeep Singh Nijjar, and that police have uncovered evidence of an intensifying campaign against Canadian citizens by agents of the Indian government. Modi said he was glad to receive a call from Carney and congratulated him on his recent election victory. 'As vibrant democracies bound by deep people-to-people ties, India and Canada will work together with renewed vigour, guided by mutual respect and shared interests. Look forward to our meeting at the summit,' Modi said in a social media statement. Nijjar, 45, was fatally shot in his pickup truck after he left the Sikh temple he led in Surrey, British Columbia. An Indian-born citizen of Canada, he owned a plumbing business and was a leader in what remains of a once-strong movement to create an independent Sikh homeland. Four Indian nationals living in Canada were charged with Niijar's murder. Canada is not the only country that has accused Indian officials of plotting an association on foreign soil. In 2023 U.S. prosecutors said an Indian government official directed a failed plot to assassinate another Sikh separatist leader in New York.

Carney invites Modi to G7 summit despite strained ties between Canada and India
Carney invites Modi to G7 summit despite strained ties between Canada and India

San Francisco Chronicle​

time34 minutes ago

  • San Francisco Chronicle​

Carney invites Modi to G7 summit despite strained ties between Canada and India

TORONTO (AP) — Canadian Prime Minister Mark Carney on Friday invited Indian Prime Minister Narendra Modi to the G7 summit in Alberta later this month, an invitation Modi accepted despite strained ties between the countries. The countries expelled each other's top diplomats last year over the killing of a Sikh Canadian activist in Canada and allegations of other crimes. The invitation prompted anger from the World Sikh Organization of Canada, which wrote to Carney in May asking him not to invite Modi. Tensions remain high between Canada and India over accusations about Indian government agents being involved in the murder of a Canadian activist for Sikh separatism in British Columbia in 2023. Carney extended the invitation to Modi in a phone call between the two leaders on Friday. The summit runs from June 15 to 17. Carney noted Canada is in the role of G7 chair and said there are important discussions that India should be a part of. 'India is the fifth largest economy in the world, the most populous country in the world and central to supply chains," Carney told reporters, adding that there has been some progress on law enforcement dialogue between the two countries. 'I extended the invitation to Prime Minister Modi and, in that context, he has accepted,' Carney said. Carney said there is a legal process underway in the killing of the Canadian Sikh activist and said he would not comment on the case when asked by a reporter if he thought Modi was involved. The tit-for-tat expulsions came after Canada told India that its top diplomat in the country is a person of interest in the 2023 assassination of Hardeep Singh Nijjar, and that police have uncovered evidence of an intensifying campaign against Canadian citizens by agents of the Indian government. Modi said he was glad to receive a call from Carney and congratulated him on his recent election victory. 'As vibrant democracies bound by deep people-to-people ties, India and Canada will work together with renewed vigour, guided by mutual respect and shared interests. Look forward to our meeting at the summit,' Modi said in a social media statement. Nijjar, 45, was fatally shot in his pickup truck after he left the Sikh temple he led in Surrey, British Columbia. An Indian-born citizen of Canada, he owned a plumbing business and was a leader in what remains of a once-strong movement to create an independent Sikh homeland.

Trump tariffs live updates: Trump, Xi Jinping speak as focus turns to US trade deals
Trump tariffs live updates: Trump, Xi Jinping speak as focus turns to US trade deals

Yahoo

time2 hours ago

  • Yahoo

Trump tariffs live updates: Trump, Xi Jinping speak as focus turns to US trade deals

President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks in the coming days. Trump hailed the call as "positive," with both leaders inviting the other to visit their respective countries. Chinese state media said Xi urged Trump to remove "negative" trade measures on his country. The call came after weeks of Trump publicly pushing for the talk, as US-China tensions have risen in the aftermath of the countries' trade truce reached in mid-May in Geneva. Both countries have accused the other of breaching that truce while ratcheting up pressure on other issues. The US and China are also now using their control over certain key materials to gain control in the trade war. Bloomberg reported on Friday that the US dominates in ethane, a gas used to make plastics, and China buys nearly all of it. Washington is now tightening control by requiring export licenses. Read more: What Trump's tariffs mean for the economy and your wallet Trump's call with Xi came as the US is pushing countries to speed up trade talks. The White House confirmed that the US sent a letter to partners as a "friendly reminder" that Trump's self-imposed 90-day pause on sweeping "reciprocal" tariffs is set to expire in early July. White House advisers have for weeks promised trade deals in the "not-too-distant future," with the only announced agreement so far coming with the United Kingdom. US and Indian officials held trade talks this week and agreed to extend those discussions on Monday and Tuesday ahead of the July 9 deadline. Also this week, effective Wednesday, June 4, Trump doubled tariffs on steel and aluminum from 25% to 50% Meanwhile, Trump's most sweeping tariffs face legal uncertainty after a federal appeals court allowed the tariffs to temporarily stay in effect, a day after the US Court of International Trade blocked their implementation, deeming the method used to enact them "unlawful." Here are the latest updates as the policy reverberates around the world. Bet you were wondering how long we could go before mentioning Elon Musk's feud with President Trump in this blog (lots more on that here, here, and here). Yes, the remarkable back and forth included Trump threatening Musk's government contracts — and Musk seeming to agree with a call to impeach Trump, while also throwing in an "Epstein files" mention. But as Yahoo Finance's Ben Werschkul details, Musk is now going to war with many of the biggest pillars of Trump's agenda. There was a tariff mention as part of that. Specifically, Musk not only criticized the tariffs — he's now on record saying he thinks they will cause a recession this year. As Ben writes: Read more here. Trade talks between the US and India were set to wrap up this Friday, but now they are being extended into next week as officials on both sides aim to work out an interim deal before a July 9 deadline. Indian government sources said the discussions, which have focused on tariff cuts in the farming and auto sectors, will continue next Monday and Tuesday. President Trump and Indian Prime Minister Narendra Modi are looking to double trade by 2030 and cement a trade pact by fall 2025. Reuters reports: Read more here. US and Chinese officials exchanged jabs at an event held by the American Chamber of Commerce (AmCham) in Shanghai on Friday, as the chamber appealed for more clarity for American businesses operating in China. Reuters reports: Read more here. India's Tata Steel has warned that it might be excluded from tariff-free access to the US under the UK's trade agreement with the Trump administration. This exclusion risks putting more than $180M worth of annual exports at risk. The FT reports: Read more here. Two of the largest economies in the euro zone saw industrial production decline in the first month of President Trump's sweeping tariffs, indicating a economic slowdown after a stronger-than-expected year, according to a report in the Wall Street Journal on Friday. Wall Street Journal: Read more here. The EU said on Friday that it is open to reducing tariffs on US fertiliser imports as a trade bargaining tool in talks with the Trump administration. However, the EU said it would not weaken its food safety standards in pursuit of a deal. EU agriculture commissioner Christophe Hansen told Reuters: "That is definitely an option," Hansen said, of reducing US fertiliser tariffs. Reuters reports: Read more here. If car buyers think they will be able to beat President Trump's tariffs, they should think again. The trade war has already led to an increase in US auto prices and some of these hikes are invisible to consumers. Bloomberg News reports: Read more here. According to a survey conducted by the American Chamber of Commerce in China, most US firms with operations in china are not budging. The survey revealed that some US don't want to leave the country and in fact would ramp up production in China, despite the the challenges posed by tariffs. Bloomberg News reports: Read more here. We know what President Trump wants in trade discussions with China. But what does China's Xi Jinping want? Bloomberg News reports Read more here. Both the US and China are using their control over key materials in a deepening trade war standoff. On Friday, Bloomberg reported that Washington is restricting ethane shipments, a gas China heavily relies on for plastics production. This follows Washingtons block on chip exports to China. 'Ethane is no longer just a byproduct of shale — it's now a geopolitical weapon,' said Julian Renton, lead analyst covering natural gas liquids at East Daley Analytics. 'China bet billions building infrastructure around US ethane, and Washington is now questioning whether that bet should continue to pay off.' But the US is not the only one weaponising their grip on vital materials. China has tightened control on rare earths, a crucial element used for technology products. However, on Thursday President Trump got a commitment from China to restore flow of rare earth magnets. These moves by the US and China marks a shift toward using strategic resources as leverage. President Trump confirmed his call with Chinese leader Xi Jinping on Truth Social, saying the call lasted one and half hours and "resulted in a very positive conclusion for both Countries." "I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal," President Trump said. Trump added that the call focused on trade, including rare earth minerals, and that the two leaders did not discuss the Russia-Ukraine war or Iran. Notably, Trump outlined that he and Xi agreed on next steps for trade talks, which will take place "shortly." Trump is sending Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer to meet with Chinese officials. Trump also said he and the first lady had been invited to visit China and that he extended the same invitation to President Xi. Read more here. The US trade deficit shrank in April as imports fell sharply, mainly due to President Trump's tariffs and companies who had previously raced to beat high import costs, no longer rushing in goods ahead of new levies. Reuters reports: Read more here. Chinese state media reported Thursday morning that President Trump and Chinese President Xi Jinping had a phone call at Trump's request. Anticipation had been building as to when the two leaders would speak, as trade tensions between the US and China reignited after Trump and Chinese officials each stated the other had broken their informal Geneva agreement. Trump had publicly pushed for a phone call, which press secretary Karoline Leavitt hinted would come this week. The call appears to mark the first talk between the two leaders during Trump's second term in office. Indian and US officials are holding high-level talks this week in New Delhi to hammer out a finalized trade deal that could be announced this month, two government sources told Reuters. Reuters reports: Read more here. The tit-for-tat game between the US and China continues. A Bloomberg report on Thursday said that the Trump administration plans to broaden restrictions on China's tech sector with new regulations to include subsidiaries of companies under US curbs. This follows China's curbs on rare earths which have led to the US, the EU, Japan and global car companies sounding the alarm on supply chain issues. The Geneva tariff talks between the US and China were meant to help prevent trade tensions between the two nations and put a stop to escalating tariffs. However, it seems both sides are unwilling to back down. Bloomberg News reports: Read more here. US business optimism has fallen sharply, reflecting a trend seen in the first quarter of the year and a reversal from the buoyant mood after President Trump was elected. Bloomberg News reports: Read more here. The world's largest consumer goods company, Procter & Gamble (PG), said on Thursday it will cut 7,000 jobs, approximately 6% of its total workforce, over the next two years as part of a new restructuring plan to combat falling consumer demand and higher costs due to tariffs. P&G said it also plans to exit some product categories and brands in certain markets. P&G, which makes popular brands such as Pampers and Tide detergent, said the restructuring plan comes when consumer spending is pressured. Like P&G, other consumer companies are also facing a drop in demand, such as Unilever. President Trump's tariffs on trading partners have deeply impacted global markets and led to recession fears in the US, which is the biggest market for P&G. A Reuters poll revealed that Trump's trade war has cost companies over $34B in lost sales and higher costs. My colleague Brian Sozzi highlights some of P&G's changes within his latest piece, stating that the consumer goods brand knows how to do a "few things very well." P&G was forced to raise prices on some products in April. Pricing and cost cuts were the main levers, CFO Andre Schulten said. On Thursday, Schulten and P&G's operations head Shailesh Jejurikar acknowledged that the geopolitical environment was "unpredictable" and that consumers were facing "greater uncertainty." Read more here. Instead of passing on tariff costs to consumers, tonic maker Fevertree Drinks (FQVTY) announced on Thursday it would equally split costs of the 10% tariff imposed on UK imports to the US with brewer Molson Coors (TAP). The British company, known for its premium cocktail mixers, counts the United States as its largest market, where it continues to deliver strong momentum bolstered by its partnership with the US beer maker Molson Coors. Read more here. Reuters reports: Read more here. British firms are brushing off President Trump's tariffs, according to a survey released on Thursday by the Bank of England. Reuters reports: Read more here. Bet you were wondering how long we could go before mentioning Elon Musk's feud with President Trump in this blog (lots more on that here, here, and here). Yes, the remarkable back and forth included Trump threatening Musk's government contracts — and Musk seeming to agree with a call to impeach Trump, while also throwing in an "Epstein files" mention. But as Yahoo Finance's Ben Werschkul details, Musk is now going to war with many of the biggest pillars of Trump's agenda. There was a tariff mention as part of that. Specifically, Musk not only criticized the tariffs — he's now on record saying he thinks they will cause a recession this year. As Ben writes: Read more here. Trade talks between the US and India were set to wrap up this Friday, but now they are being extended into next week as officials on both sides aim to work out an interim deal before a July 9 deadline. Indian government sources said the discussions, which have focused on tariff cuts in the farming and auto sectors, will continue next Monday and Tuesday. President Trump and Indian Prime Minister Narendra Modi are looking to double trade by 2030 and cement a trade pact by fall 2025. Reuters reports: Read more here. US and Chinese officials exchanged jabs at an event held by the American Chamber of Commerce (AmCham) in Shanghai on Friday, as the chamber appealed for more clarity for American businesses operating in China. Reuters reports: Read more here. India's Tata Steel has warned that it might be excluded from tariff-free access to the US under the UK's trade agreement with the Trump administration. This exclusion risks putting more than $180M worth of annual exports at risk. The FT reports: Read more here. Two of the largest economies in the euro zone saw industrial production decline in the first month of President Trump's sweeping tariffs, indicating a economic slowdown after a stronger-than-expected year, according to a report in the Wall Street Journal on Friday. Wall Street Journal: Read more here. The EU said on Friday that it is open to reducing tariffs on US fertiliser imports as a trade bargaining tool in talks with the Trump administration. However, the EU said it would not weaken its food safety standards in pursuit of a deal. EU agriculture commissioner Christophe Hansen told Reuters: "That is definitely an option," Hansen said, of reducing US fertiliser tariffs. Reuters reports: Read more here. If car buyers think they will be able to beat President Trump's tariffs, they should think again. The trade war has already led to an increase in US auto prices and some of these hikes are invisible to consumers. Bloomberg News reports: Read more here. According to a survey conducted by the American Chamber of Commerce in China, most US firms with operations in china are not budging. The survey revealed that some US don't want to leave the country and in fact would ramp up production in China, despite the the challenges posed by tariffs. Bloomberg News reports: Read more here. We know what President Trump wants in trade discussions with China. But what does China's Xi Jinping want? Bloomberg News reports Read more here. Both the US and China are using their control over key materials in a deepening trade war standoff. On Friday, Bloomberg reported that Washington is restricting ethane shipments, a gas China heavily relies on for plastics production. This follows Washingtons block on chip exports to China. 'Ethane is no longer just a byproduct of shale — it's now a geopolitical weapon,' said Julian Renton, lead analyst covering natural gas liquids at East Daley Analytics. 'China bet billions building infrastructure around US ethane, and Washington is now questioning whether that bet should continue to pay off.' But the US is not the only one weaponising their grip on vital materials. China has tightened control on rare earths, a crucial element used for technology products. However, on Thursday President Trump got a commitment from China to restore flow of rare earth magnets. These moves by the US and China marks a shift toward using strategic resources as leverage. President Trump confirmed his call with Chinese leader Xi Jinping on Truth Social, saying the call lasted one and half hours and "resulted in a very positive conclusion for both Countries." "I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal," President Trump said. Trump added that the call focused on trade, including rare earth minerals, and that the two leaders did not discuss the Russia-Ukraine war or Iran. Notably, Trump outlined that he and Xi agreed on next steps for trade talks, which will take place "shortly." Trump is sending Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer to meet with Chinese officials. Trump also said he and the first lady had been invited to visit China and that he extended the same invitation to President Xi. Read more here. The US trade deficit shrank in April as imports fell sharply, mainly due to President Trump's tariffs and companies who had previously raced to beat high import costs, no longer rushing in goods ahead of new levies. Reuters reports: Read more here. Chinese state media reported Thursday morning that President Trump and Chinese President Xi Jinping had a phone call at Trump's request. Anticipation had been building as to when the two leaders would speak, as trade tensions between the US and China reignited after Trump and Chinese officials each stated the other had broken their informal Geneva agreement. Trump had publicly pushed for a phone call, which press secretary Karoline Leavitt hinted would come this week. The call appears to mark the first talk between the two leaders during Trump's second term in office. Indian and US officials are holding high-level talks this week in New Delhi to hammer out a finalized trade deal that could be announced this month, two government sources told Reuters. Reuters reports: Read more here. The tit-for-tat game between the US and China continues. A Bloomberg report on Thursday said that the Trump administration plans to broaden restrictions on China's tech sector with new regulations to include subsidiaries of companies under US curbs. This follows China's curbs on rare earths which have led to the US, the EU, Japan and global car companies sounding the alarm on supply chain issues. The Geneva tariff talks between the US and China were meant to help prevent trade tensions between the two nations and put a stop to escalating tariffs. However, it seems both sides are unwilling to back down. Bloomberg News reports: Read more here. US business optimism has fallen sharply, reflecting a trend seen in the first quarter of the year and a reversal from the buoyant mood after President Trump was elected. Bloomberg News reports: Read more here. The world's largest consumer goods company, Procter & Gamble (PG), said on Thursday it will cut 7,000 jobs, approximately 6% of its total workforce, over the next two years as part of a new restructuring plan to combat falling consumer demand and higher costs due to tariffs. P&G said it also plans to exit some product categories and brands in certain markets. P&G, which makes popular brands such as Pampers and Tide detergent, said the restructuring plan comes when consumer spending is pressured. Like P&G, other consumer companies are also facing a drop in demand, such as Unilever. President Trump's tariffs on trading partners have deeply impacted global markets and led to recession fears in the US, which is the biggest market for P&G. A Reuters poll revealed that Trump's trade war has cost companies over $34B in lost sales and higher costs. My colleague Brian Sozzi highlights some of P&G's changes within his latest piece, stating that the consumer goods brand knows how to do a "few things very well." P&G was forced to raise prices on some products in April. Pricing and cost cuts were the main levers, CFO Andre Schulten said. On Thursday, Schulten and P&G's operations head Shailesh Jejurikar acknowledged that the geopolitical environment was "unpredictable" and that consumers were facing "greater uncertainty." Read more here. Instead of passing on tariff costs to consumers, tonic maker Fevertree Drinks (FQVTY) announced on Thursday it would equally split costs of the 10% tariff imposed on UK imports to the US with brewer Molson Coors (TAP). The British company, known for its premium cocktail mixers, counts the United States as its largest market, where it continues to deliver strong momentum bolstered by its partnership with the US beer maker Molson Coors. Read more here. Reuters reports: Read more here. British firms are brushing off President Trump's tariffs, according to a survey released on Thursday by the Bank of England. Reuters reports: Read more here.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store