Times of India

President Trump announced a 10% import duty on UK goods and a 20% levy on EU imports, raising protectionist concerns. These tariffs could significantly impact industries like scotch whisky. The UK government is negotiating to reduce the impact, emphasizing determination to maintain a balanced trade relationship with the US.

A destructive tornado has ravaged Lake City, Arkansas, prompting a state of emergency. The storm, which displayed a hook echo radar signature, threatens the mid-south and lower Ohio valley with severe weather, including flash flooding and strong tornadoes. At least one fatality has been reported.

Tufts University is calling for the release of Rumeysa Ozturk, a graduate student detained by DHS over alleged links to Hamas. Her visa was revoked despite being in good standing. The university disputes the allegations and is concerned about the impact on campus safety. Ozturk is currently in a Louisiana detention center.

The death toll from Myanmar's recent 7.7 magnitude earthquake has reached 3,085, with 341 people still missing and over 4,700 injured. The military junta has announced a temporary ceasefire to aid rescue operations, amidst ongoing efforts by international teams providing nearly 1,000 tonnes of relief supplies.

Federal immigration agents arrested 37 undocumented workers during a raid at Mt Baker Roofing in Washington. Armed officers, acting under a federal search warrant, detained workers who had allegedly used fraudulent documents to seek employment, in a dramatic operation near the Canadian border.

China expressed strong opposition to the new US tariffs, which include a 10 percent base tariff on global imports and an additional 34 per cent targeting China. Beijing condemned the move as violating international trade norms, harming global economic development, and destabilising supply chains. The Chinese commerce ministry urged Washington to cancel the tariffs.

US President Donald Trump imposed new tariffs under the International Emergency Economic Powers Act to counter trade deficits and bolster domestic manufacturing. Countries with significant trade surpluses face steep tariffs, disrupting industries and supply chains, while others see baseline tariffs. Critics foresee economic instability and potential trade wars.

On April 2, 2025, President Trump announced tariffs to assert US economic independence, targeting countries including China. He insists this will revitalise domestic manufacturing, though it risks a global trade war. Trump expressed frustration with international trade practices, vowing to boost jobs and industry within the US while portraying his measures as a necessary resistance against foreign exploitation.

Elon Musk will step down as head of the department of government efficiency due to regulations limiting special government employees to 130 days. His tenure saw significant budget cuts and a new reporting system before tensions rose. President Trump and Musk confirmed his departure as planned, dismissing speculations of a rift between them.

Asian markets and US stock futures experience significant drops after President Trump announces increased tariffs on global imports, aiming to boost US manufacturing. Market indices in Tokyo, South Korea, and Australia close lower, while US futures signal further declines. Analysts warn of potential negative economic impacts amidst already volatile markets.

President Trump declared a national emergency to implement new tariffs, aiming to protect the American economy and boost domestic production. The new framework raises baseline duties on nearly all imports, with more significant tariffs on key allies. This policy is expected to revert the U.S. to an era of high tariff-based revenue.

The 2001 Nepalese royal massacre resulted in the monarchy's end and a republic with frequent leadership changes. Rising disillusionment among the youth has led to a resurgence of pro-monarchy sentiments, driven by political instability and a lack of direction. Many students are calling for reliable governance.

PM Narendra Modi and Bangladesh's Muhammad Yunus will discuss various issues during the BIMSTEC summit in Thailand on April 3-4. This will be their first meeting since Yunus became chief adviser. While Dhaka has requested the meeting, New Delhi is still considering it. Modi will also engage in diplomatic discussions with other heads of state and Thai royalty.

Donald Trump announced country-specific reciprocatory tariffs heralding the golden age of America. As he announced the tariffs, he said he did not impose the exact tariff that the countries charge on US products but has been kinder. Higher tariffs have been imposed on the worst offenders. The stock market took a hit in after-hours trading following President Trump's announcement of broad new tariffs.