South Korean prosecutors question ex-first lady accused of graft
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90-day extension of US-China tariff truce is likely, US Commerce Secretary Lutnick says
A 90-day extension of a US-China tariff truce is likely, US Commerce Secretary Howard Lutnick said on Thursday, the most concrete signal from the US side about moving the deadline since bilateral talks concluded in Stockholm last week. 'I think we're going to leave that to the trade team and to the president to make those decisions, but it feels like likely that they're going to come to an agreement and extend that for another 90 days,' he said on Fox News when asked if the truce, which is set to expire on Tuesday, would be extended. Lutnick made similar comments last week while the talks were under way July 28 and 29, noting that a 90-day extension was a likely outcome of negotiations. But after the talks, only the Chinese side declared a consensus on extending the pause on tariff increases. US Trade Representative Jamieson Greer said in a CBS interview last Friday that the two sides were 'working towards' an extension. The commerce secretary spoke hours after US President Donald Trump's sweeping worldwide tariffs came into effect on Thursday, imposing at least 10 per cent on imports from about 90 countries, after multiple rounds of delays since they were first announced in April. Since April, the US has gradually increased tariffs on Chinese imports to as much as 145 per cent. In retaliation, Beijing imposed tariffs of up to 125 per cent and introduced export controls on strategic raw materials.
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Sara Duterte's impeachment case ‘archived' by Philippine Senate, returns to Supreme Court
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China's Buddhist regulator pledges stricter controls after Shaolin abbot scandal
China's Buddhist regulator has promised to impose stricter discipline and supervision on the religion in the wake of the scandal surrounding the disgraced abbot of the Shaolin Temple The Buddhist Association of China said in a lengthy statement on Thursday that it would 'further deepen the comprehensive and strict governance of religion' after Shi Yongxin was placed under investigation for alleged financial and sexual misconduct. It said Shi's actions had 'a serious negative impact on the healthy transmission of Buddhism' and added that he may not only face severe criminal penalties but also severe karmic consequences. Shi is facing a criminal investigation over accusations he embezzled project funds and temple assets. He is also accused of maintaining improper relationships with multiple women and fathering children with them, according to a statement released by the temple last month.
