Watch: What Priyanka Gandhi said on Shashi Tharoor's article on Emergency
US President Donald Trump has responded to an Iranian official's assassination threat to kill him with a drone, specifically mentioning an attack while he might be sunbathing at Mar-a-Lago.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
an hour ago
- First Post
This Week in Explainers: Who attacked Kapil Sharma's café in Canada?
Days after Indian comic Kapil Sharma opened his café in Canada's Surrey, it has come under attack. It was targeted by Khalistani terrorist Harjit Singh, alias Laddi. In our weekly roundup, we talk about the shooting and delve into other big news stories from around the world read more A police officer takes down crime scene tape outside the Kapil Sharma-owned cafe that was shot at multiple times, in Surrey, British Columbia, Thursday, July 10. Surrey Police investigate shots that were fired at Kap's Cafe. The Canadian Press via AP It's been dominated by Trump, tariffs and Taco trade. The much-awaited deadline of July 9 passed this week, and it comes as no surprise that a new deadline is now in place – 1 August. In April, the US administration predicted '90 deals in 90 days'. So far, only three have been forged – with China, the UK, and Vietnam – and a pact with India is in the making. Amid this, Trump has threatened new tariffs on 22 other nations, like Canada, Japan, South Korea, Sri Lanka, Bangladesh and Iraq. Letters have been sent out to them. He also warned Brics nations, which include India, with 10 per cent levies. In a nutshell, the deals are handful, the uncertainty plentiful. STORY CONTINUES BELOW THIS AD The Brics summit was held in Brazil's Rio de Janeiro earlier this week. However, Chinese President Xi Jinping decided to skip it, once again fuelling speculation of a change of power in the Asian nation. Not all's well in neighbouring Pakistan as well. Army chief Asim Munir is becoming even more powerful, and rumour has it that he is planning a coup against President Asif Ali Zardari. A heartbreaking story emerged from Texas. Deadly flash floods struck the state on the July 4 weekend, causing large-scale devastation. At least 120 people have died, and several are still missing. Among the victims were holidaymakers and campers, including young girls, who were attending a nearly century-old summer camp. Our weekly wrap dives into all the big stories and some more. 1. Donald Trump has reset the tariff clock once again. From July 9, the deadline has been extended to August 1. Trade negotiations with most countries have not materialised. This week, at least 22 nations received tariff letters, of which 14 are in Asia. That includes Japan, South Korea and Sri Lanka. On Friday (July 11), Trump also announced 35 per cent tariffs on goods imported from Canada. Here's a list of all the nations facing new levies. Japan and South Korea joined a list of more than 20 nations that received tariff letters from the US. Of these, 14 countries are from Asia. File photo/Reuters 2. Donald Trump's other target this week has been Brics. He has warned that the bloc, which includes India, will be slapped with 10 per cent additional tariffs. He also alleged that Brics was formed to 'destroy' the US dollar. But is that even possible? Why is Trump threatened by the collective? STORY CONTINUES BELOW THIS AD 3. Talking about the Brics, this year's summit in Brazil's Rio de Janeiro was conspicuous by the absence of Xi Jinping. It's the first time since taking power in 2012 that the Chinese president has skipped the gathering. This comes only days after his absence from public view between May 21 and June 5. So why is Xi avoiding engagements? Is there a possibility of a change in power in China? Speculation is rife. Men ride a scooter past a poster showing Chinese President Xi Jinping on the side of a school building in Henan province, China. The Chinese president's decision to skip Brics has led to rumours about his possible exit. File photo/Reuters 4. In Pakistan, there is tension in the upper echelons. Rumours are abuzz about another coup in the making. There is talk that Pakistan Army Chief Asim Munir is plotting to overthrow President Asif Ali Zardari. That would bring more instability to the nation. But is there any truth to a military takeover? A police officer stands in front of the traffic, next to posters of Pakistani Army Chief Asim Munir, in Karachi, Pakistan. File photo/Reuters 5. Texas witnessed a 'once-in-a-century' flash flood on the July 4 weekend. At least 120 people have died, and there has been massive devastation. Hit hard by the deluge was Camp Mystic, a famous summer camp where 750 girls gathered for some fun and adventure. The campsite was washed away, claiming dozens of lives, with several still missing. STORY CONTINUES BELOW THIS AD A woman inspects campers' belongings lying on the ground following flooding on the Guadalupe River, at Camp Mystic, in Hunt, Texas, on July 9. Reuters 6. What happens in the Kremlin stays in the Kremlin. However, the death of a Russian minister has raised eyebrows and many questions. On Monday, Vladimir Putin sacked Roman Starovoit, his transport minister. Hours later, he was found dead with a gunshot wound to the head. Reports suggest he died by suicide. But why was he sacked? Here's what we know. 7. The Khalistan terror in Canada continues. Its latest target was Indian comic and TV host Kapil Sharma's newly inaugurated café in Surrey. Shots were fired at the building, where the eatery is located, but no injuries were reported. Khalistani terrorist Harjit Singh, alias Laddi, has taken responsibility for the shooting. Who is he? I'm on the ground in Surrey BC at Kap's Cafe to see the destruction of last night's shooting. Kap's Cafe is owned by a very famous Indian comedian, Kapil Sharma, and he made a joke that a member of the Babbar Khalsa International (listed Khalistani terrorist org in 🇨🇦) didn't… — Daniel Bordman (@DanielBordmanOG) July 11, 2025 STORY CONTINUES BELOW THIS AD 8. Our last story is for all those who prefer messaging over a call. But what happens when you don't have internet? It can be pretty annoying. Former Twitter CEO Jack Dorsey has a solution for you. He has launched Bitchat, a messaging app to rival WhatsApp, that works without the internet. Here's how. That's all from us this week. Hope our reading recommendations make your Sunday more insightful. You can come back for more such stories here.
Economic Times
an hour ago
- Economic Times
Charting the global economy: Trump ramps up tariffs again
Synopsis President Trump revives tariff plans, targeting copper imports with a 50% duty and threatening Canada with a 35% tariff, escalating global trade tensions. These actions occur amidst existing concerns about weaponizing trade policy and potential impacts on capital investment. iStock Trump unveiled a wave of letters again threatening key trading partners with high tariff rates even as he delayed the increased duties until Aug. 1 and suggested that he was still open to negotiations. US President Donald Trump ramped back up his tariff plans with an eye on copper and Canada, deflating hopes that the administration was dialling back its initial Liberation Day levies first announced in said that US imports of copper — a vital component in power networks, plumbing and industrial machinery — will face a 50% duty from Aug. 1. He also threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, following threats to impose a 50% tariff on Brazil over its domestic political Thursday, Trump told NBC News he's eying blanket tariffs of 15% to 20% on most trading partners who haven't been informed yet of their rates. The current global baseline minimum levy for nearly all US trading partners is 10%.Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics: World Trump unveiled a wave of letters again threatening key trading partners with high tariff rates even as he delayed the increased duties until Aug. 1 and suggested that he was still open to negotiations. Still, the US president said the Aug. 1 deadline was 'not 100% firm' and signalled he might tweak the rates further. The Reserve Bank of Australia shocked markets this week by keeping interest rates on hold at 3.85%, despite widespread expectations for a third cut in five months. Central bankers in Israel, Romania, New Zealand, Peru, Egypt, Serbia and Kazakhstan also kept interest rates unchanged. Uruguay surprised with a quarter-point rate cut, while Malaysia lowered borrowing costs for the first time since 2020. Emerging marketsTrump threatened to impose a 50% tariff on Brazil over its domestic political affairs, the most extreme case yet of the US president weaponising trade policy to make unrelated demands. Trump's latest threat, against a nation that sells fewer goods to the US than it buys, risks reinforcing concerns that formal trade agreements may offer limited protection against future tariff hikes. Brazil's annual inflation ticked up further above target, a signal of the long road ahead before the central bank can begin easing sky-high interest US buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts. As Trump prepares to slap a 50% levy on imported copper as of Aug. 1, the global supply chain is sweating on details of the measure. US manufacturers secured the business tax provisions they'd hoped for in Trump's budget megabill, but the president's erratic trade policy risks tempering any pronounced pickup in capital investment. Still, some expect any notable upturn in capital expenditures to take longer to evolve because of the administration's frenetic tariff announcements as well as the levies themselves. An assortment of cautionary signals emerged in the latest US jobs report, including weak and concentrated hiring in the private sector as well as a dip in hours worked that underscore a fragile job market. Private payrolls rose 74,000 last month, about half as much as in May. The health care and social assistance industry accounted for nearly 80% of all private sector job growth in June. Excluding that advance, companies added roughly 15,000 jobs — the least in eight months. Europe European Central Bank Executive Board member Isabel Schnabel said there'd have to be a major downward shift in inflation to justify another reduction in borrowing costs, dismissing concern that the economy is UK economy shrank for a second straight month as companies and consumers struggled to bounce back from the blow dealt by US tariffs and a raft of tax increases. Gross domestic product declined 0.1% in May after contracting 0.3% the previous month. Traders have ramped up bookings at German natural gas storage sites, marking a sharp turnaround from earlier this year when the country exited winter with stockpiles at a three-year low and an unusual market structure made refills unprofitable. Asia Weeks leading up to the Australian central bank interest rate decision Tuesday, policymakers sat silent as hot wars in the Middle East and trade wars from the US shook global confidence. That turmoil, along with local data skewed largely to the downside, boosted expectations for a rate cut. So when the bank stunned with a decision to keep rates unchanged, it caught just about everyone wrong-footed. Japan's automakers slashed the price of products exported to the US at a record pace, in a sign that companies are sacrificing profits to remain competitive as Trump's tariffs hit cars. Last month the export price index for vehicles shipped to North America plunged 19.4% from a year earlier on a contract currency basis, the biggest drop in records going back to 2016.
Time of India
2 hours ago
- Time of India
US sanctions Cuban President
Representative image The United States announced its first sanctions on Friday against Cuban President Miguel Diaz-Canel for his role 'in the Cuban regime's brutality toward the Cuban people.' It is the latest in a series of measures by US President Donald Trump's administration to increase pressure on the Cuban government. The US was restricting visas for the Cuban president and other high-ranking govt officials, secretary of state Marco Rubio said in an X post on the fourth anniversary of historic anti-govt protests in Cuba. Cuban foreign minister Bruno Rodriguez slammed the measures on X, saying the US cannot 'bend the will of its people or its leaders.'
