Russian General Tells Zelensky ‘Trump Won't Save' Him As Putin's Men Advance On Frontline
Macron's Unusual Warning To World Over Iran | 'Worst Scenario If Tehran Exits Nuclear Treaty'
French President Emmanuel Macron has warned of serious global consequences if Iran withdraws from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT). The warning follows threats by Iranian lawmakers in response to recent US and Israeli strikes on Iran's nuclear facilities. Macron acknowledged the strikes were effective but stressed they could trigger a dangerous unraveling of arms control efforts. France is seeking urgent consultations with global powers, while Iran's parliament has suspended cooperation with the IAEA. Tehran maintains it has the right to enrich uranium for civilian use.#IranNuclear #IranNPT #NuclearThreat #IranSanctions #IranCrisis #NuclearDiplomacy #Macron
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Time of India
15 minutes ago
- Time of India
Vietnam braces for end of US tariff pause
AP Image Businesses in Vietnam's capital are suffering from declining sales after the United States introduced trade tariffs on the country earlier this year. Hanoi's Old Quarter is replete with stores selling designer goods, brand clothing and electronics from rustic French colonial buildings that still form the fabric of the area. Signs proclaiming that goods are "Made in Vietnam" are everywhere — a concept locals insist on emphasizing to passers-by, hoping for sales from foot traffic made up largely of tourists and backpackers. Vietnam PM expects trade deal before July tariff deadline Vietnam is an attractive prospect for US investors because of its young workforce and low labour costs. However, that has been dampened by Washington's 46 percent tariff rate, which is due to come into effect in July. Hanoi is in negotiations with Washington for a reduction. On Wednesday, Vietnamese Prime Minister Pham Minh Chinh said he expected a trade deal with the US ahead of the scheduled 46 percent tariffs. "I hope that you will see that the result will come earlier than two weeks," Chinh said. "Vietnam and the US share a deep understanding on tariffs. I hope that all the positive things will come for us." In the meantime, a baseline tariff of 10 percent has been in place since April. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Livguard Lithium-X: The Future of Power Backup Livguard Learn More Undo Fast-growing economy Apple, Samsung and Nike have chosen Vietnam as key manufacturing locations. The country exported goods worth $142 million to the US last year, accounting for about 30 percent of its total economic output. Vietnam has one of the fastest-growing economies in Southeast Asia, with a projected GDP growth of 6.8 percent by the end of 2025, according to a report by the World Bank in March. The report attributed the estimated growth to Vietnam rebounding in industries such as manufacturing exports, tourism and foreign direct investment. But those projections may not meet expectations in the absence of a trade deal or tariff relief. "Without tariff relief, Vietnam will fail to hit their ambitious growth targets; the US market is simply too important for them," Zachary Abuza, a professor at the National War College in Washington, told DW. "Even if they can reduce that 46 percent tariff, the Trump administration has imposed a baseline 10 percent tariff on all countries." Why are Trump's tariffs so high? US President Donald Trump has hit Hanoi with high tariffs partly due to concerns that China is using Vietnam as a transshipment point to work around its own high tariffs imposed by Washington. Hanoi has intensified efforts to curb illegal transshipment, predominantly involving goods from China. Eric Nguyen, CEO of Grando Premium Aluminium Vietnam, which produces and exports to international markets worldwide, told DW that the US government suspects that Vietnam is using products from China. "But the fact is that Grando, we do not use Chinese material, [everything is] 100 percent made in Vietnam," Nguyen said, adding that the tariffs have forced their operations to rely on other markets worldwide. " We seek to expand our export market to other markets, such as Europe, Japan, and Korea, so that we do not depend 100 percent to the US market and to be less vulnerable to any change from the US government," he said. Nguyen Tuong Phan, general manager of Aviation Solution Services, a cargo freight company in Hanoi, told DW that since the tariffs were introduced, cargo freight companies in China have been trying to send their cargo to the US via Vietnam in order to evade the higher rates. "Now a lot of charter flight from freight forwarders are coming from China, are now coming to Vietnam. The capacity to fly to the US increase from Vietnam has increased by, let's say, 80 percent,' he said. Balancing US demands with China ties Vietnam and China hold close relations both economically and politically. Beijing is Hanoi's largest trading partner and both countries share similar political ideologies and are governed by their respective Communist parties. Hanh Nguyen, a research fellow at the Yokosuka Council on Asia Pacific Studies (YCAPS), said if Vietnam does decide to reduce its dealings with China, it will hurt the Vietnamese economy either way. "Reducing or even cutting off input materials and components from China will cause significant damage to Vietnam's economy," she told DW. She noted that Vietnam's manufacturing sector — particularly electronics and textiles — is "dependent on imported raw materials from regional supply chains based in China." "If Vietnam complies with US demands, it will also hurt Vietnam's ties with China, which will perceive Vietnam's compliance as joining the US-led anti-China coalition," Hanh added. Vietnam is a huge manufacturing hub for international clothing brands, but Washington has highlighted how counterfeit products have also contributed to their concerns over trade. In January, a report from the US Trade Representative flagged Saigon Square shopping mall as a hotspot for the sale of forged fashion items from major brands. Hanh said Vietnam has taken several measures to cater to Washington's concerns, that will hopefully reduce the high tariffs imposed on them. "[Vietnam has been] stepping up the crackdown on transshipment issues and has recently launched a new campaign to crack down on counterfeit products and digital piracy," he said, adding that the question now is: what will Vietnam's do next? "There is not a country in the world that has been more proactive than Vietnam in negotiating tariff relief with the Trump administration. One of the predicaments for the Vietnamese right now, is how much to negotiate and give away."
India.com
20 minutes ago
- India.com
China in panic after witnessing destruction caused by US' B-2 bombers; experts say Beijing, Xi Jinping must...
The B-2 stealth bomber is the world's most expensive warplane. (File) B-2 stealth bomber: Earlier this month, the United States decimated Iranian nuclear sites as they used the B-2 stealth bombers to drop the massive 30,000lbs (13.6 tonne) GBU-57 Massive Ordinance Penetrator (MOP), aka the bunker buster bombs, on Isfahan, Natanz, and Fordow nuclear facilities, which purportedly 'completely obliterated' these locations, according to US President Donald Trump. The US' use of the B-2 stealth bomber in Iran has become a hot topic of discussion among global strategic circles, and has sparked panic among Washington's rivals, including China, who have been stunned at the destructive effectiveness of the sixth-generation bomber jet, especially its ability to fly long distances. Chinese experts in awe of B-2 stealth bomber The B-2's performance has impressed Chinese experts, who are now calling upon Beijing to develop a similar bomber jet to maintain strategic parity with the United States. According to Song Zhongping, a military analyst and former instructor in China's People's Liberation Army (PLA), nothing, not even a latest 6th-generation fighter jet, can replace strategic bomber, even in an era where long-range attack missiles exist, South China Morning Post (SCMP) reported. Zhongping notes that strategic bombers have the capability to carry both nuclear and conventional attack, which makes it strategic weapon that could turn the tide in favor of any army. How B-2 stealth bomber destroyed Iranian nuclear sites On June 22, the US military launched Operation Midnight Hammer, under which seven B-2 stealth bombers breached Iranian airspace and dropped its heavy GBU-57 bunker busting bombs on the country's top nuclear facilities, including Natanz, Isfahan and Fordow. The bomber took off from the Whiteman Air Force Base in Missouri, and flew for nearly 37 hours, taking the trans-Atlantic route via the Atlantic and Mediterranean Sea, and entered Iran's airspace from the west or southwest. This was the the longest mission for the B-2 bomber since 2001. After bombing Iranian nuclear facilities with impunity, the B-2 stealth bomber fleet left the Iranian airspace and returned without any resistance, a feat that has stunned Chinese experts, who now believe that strategic bombers are very important for the Chinese army due to their utility in attacking anywhere in the world and establishing nuclear deterrence. What makes the B-2 stealth bomber special? The Northrop B-2 Spirit, commonly known as the B-2 stealth bomber, is a heavy strategic bomber with low-observable stealth technology designed to evade dense anti-aircraft defenses. The B-2 bomber has a special radar-absorbent coating on its body, which absorbs radar signals and prevent them bouncing off the aircraft, significantly reducing detection chances by enemy radars. This unique technology also increases the B-2's speed, and its sleek body is designed in manner that drastically reduces the plane's radar cross-section. The B-2 stealth bomber is especially designed to carry heavy bombs, including the GBU-57 bunker buster, which it reportedly dropped on Iran's underground Fordow nuclear site during Sunday's attack. The heavy bomber can also carry nuclear bombs. Additionally, the B-2 has a range of more than 10,000 kilometers, making it capable of carrying out intercontinental strikes. China is currently flight-testing two different sixth-generation aircraft, the J-36 and J-50, however, even the most advanced 6th-gen stealth fighters are no match for a strategic bomber, due its long-flight capability, and the sheer volume of explosives it can carry, as per analysts.
Mint
34 minutes ago
- Mint
$30 billion deal, removal of sanctions: What US is offering Iran to bring Tehran back to nuclear negotiation table
Officials from the Donald Trump administration, in an effort to bring Iran back to the negotiation table to strike a high-stakes nuclear enrichment deal with Tehran, have made several offers including a possible access to $30 billion to build a civilian-energy-producing nuclear programme. According to a report by CNN citing at least four sources, the Trump administration has discussed helping Iran get access to $30 billion to build the nuclear programme, ease sanctions and free up billions in restricted Iranian funds. The talks were reportedly held in a hush-hush manner as Iran and Israel continued to strike a flurry of drones and missiles on each other, CNN reported quoting the sources. The talks have continued even as the two countries agreed to a ceasefire. The Trump administration has floated several evolving proposals in return for one thing – zero Iranian enrichment of uranium, which Iran has consistently maintained it needs. However, as per the CNN report that has got a brief about the draft proposals, at least one of them contains several incentives for Iran. Last Friday, a secret hours-long meeting with US special envoy Steve Witkoff and Gulf partners at the White House took place when some of the details of the draft proposal were chalked out. Among the newly reported terms being discussed is an approximately $20-30 billion investment in a new Iranian non-enrichment nuclear programme, which can be used for civilian energy requirements, CNN reported. One Trump official told the outlet that the funding will not directly come from the US, and its Arab partners may pay the bill. 'The US is willing to lead these talks' with Iran, the Trump administration official told CNN. 'And someone is going to need to pay for the nuclear program to be built, but we will not make that commitment.' Iran may get some other incentives too, including the lifting of some sanctions on Tehran and allowing the country to access the restricted $6 billion currently sitting in foreign bank accounts. The US has also proposed its Gulf allies to replace the Fordow nuclear facility with its non-nuclear enrichment programme, as per the report. 'There are a lot of ideas being thrown around by different people and a lot of them are trying to be creative,' a source was quoted as saying by CNN. Iran has repeatedly resisted the US' offers to strike a nuclear deal, insisting that the nuclear enrichment is necessary for it.
