logo
China sends scores of planes across central line in Taiwan Strait

China sends scores of planes across central line in Taiwan Strait

TAIPEI, Taiwan (AP) — China sent 74 warplanes toward Taiwan between late Thursday and early Friday, 61 of which crossed the central line in the Taiwan Strait that unofficially divides the sides, an unusually large number as tensions remained heightened in the region.
It wasn't clear why so many planes were scrambled between late Thursday and early Friday, as tabulated by Taiwan's Defense Ministry. The planes were sent in two separate tranches, it added.
China considers Taiwan its own territory and uses such deployments to advertise its threat to encircle and possibly invade the self-governing island. China also hopes to intimidate Taiwan's population of 23 million and wear down its equipment and the morale of its armed forces.
On Thursday, Taiwan's Ministry of Foreign Affairs 'confirmed and welcomed' the transit of the British Royal Navy's off-shore patrol craft HMS Spey through the Taiwan Strait a day earlier. The ship's transit, the ministry said, 'once again (reaffirmed the Strait's) status as international waters.'
'Such transits by the U.K. and other like-minded countries are encouraged to safeguard peace and stability in the Taiwan Strait, and to promote a free and open Indo-Pacific,' the Foreign Ministry said.
Britain's representative office in Taipei said in a statement that the Spey had conducted a navigation of the Taiwan Strait in accordance with international law and rights provided under the United Nations Convention on the Law of the Sea.
'Wherever the Royal Navy operates, it does so in full compliance with international law and exercises its right to Freedom of Navigation and overflight,' the statement added.
China responded angrily, saying the Eastern Theater Command of the People's Liberation Army 'organized troops to monitor and guard the entire process and effectively responded and dealt with it.'
The British ship's action 'deliberately disturbed the situation and undermined the peace and stability of the Taiwan Strait,' the Eastern Theater Command said in a statement.
The bustling Taiwan Strait lies in international waters, but China objects to any transit or activity within it by foreign military vessels.
It wasn't clear if the large number of Chinese warplanes sent on Thursday and Friday were related to the earlier sailing of the British ship.
Six military ships accompanied the Chinese planes, which ranged from drones to fighter jets and early warning and other support aircraft. Taiwan deployed ships, fighter interceptors and land-based missile systems in response.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why American Cars May Not Sell Well In Japan Despite Trade Deal
Why American Cars May Not Sell Well In Japan Despite Trade Deal

Forbes

time25 minutes ago

  • Forbes

Why American Cars May Not Sell Well In Japan Despite Trade Deal

The Jeep is the biggest selling American-made car in Japan. (Photo By)"n President Trump is chuffed about his recent trade deal with Japan calling it the greatest in U.S. history. "I just signed the largest trade deal in history, I think maybe the largest deal in history with Japan," Trump boasted at the White House on Tuesday evening. Japan also agreed to invest $550bn in the U.S. economy although no details were forthcoming as to which industries or sectors would benefit. Trump shakes hands with Japan's PM Shigeru Ishiba. (Photo by Jim WATSON / AFP) (Photo by JIM ... More WATSON/AFP via Getty Images) Meanwhile Japan's Prime Minister Shigeru Ishiba welcomed the announcement of the 15% reciprocal tariffs—down from 25%, stressing that it was "the lowest figure to date among countries with trade surpluses with the US'. Japan's stock market soared at news of 15% trade deal News of the deal was well-received by the Japanese stock market which saw shares soar with Mazda rising 17%, Toyota swelling by 15%, Mitsubishi up 13%, Honda increasing 11% and Nissan jumping 8%. Mazda, a carmaker who builds the majority of its vehicles in Japan, was particularly concerned about the proposed 25% tariffs. A quarter of Japan's US exports are from its critical automotive sector, which accounts for almost 3% of its economy. And it's with the auto sector that Trump really seems to have no idea what's really happening. The truth is two-fold. Firstly, before Trump started threatening Japan with tariffs, American cars entering the Japanese market, including Jeep, Cadillac and Corvette, were charged a zero tariff. Zilch! Japan has not charged tariffs or imports duties on imported cars from the U.S., or Europe for that matter, since the late 1970s. In contrast, America had imposed a 2.5% tariff on Japanese imports. Corvette sells in small numbers in Japan. (Photo By) But that's only part of the issue. Trump has continually complained that Japan does not take American cars. He has repeatedly said that the Asian nation is not open to U.S. vehicles. After this major trade deal announcement with Japan, Trump is bloating that the country will now open up to U.S. cars, trucks, rice and other agricultural products. Hey, buddy, that is not the reality. Japan is, and always has been open and ready to take all the American cars you wish to export. The bottom line is—apart from Jeep, which is the biggest selling American car in Japan, and a smattering of Cadillac and Corvette models, Japanese motorists, for the most part, don't want to buy American cars. Not even Tesla EVs, which do sell in Japan, but are imported from China, so not really seen as American. The fact is that old impressions die hard. From the 1970s through to the early 21st century, a mixture of U.S. cars were offered in Japan—including Ford, GM, Pontiac and Buick, in addition to Chrysler. But even though some brands delivered more stylish designs or more powerful engines than their Japanese counterparts, most American cars were considered too big for Japanese roads and carparks, and not as fuel-efficient or as reliable as Japanese cars, which were, on average, a little cheaper. Other critical factors that led to several brands exiting Japan, like Ford in 2016, were insufficient product lineups, and a poor dealer network. So, with all that in mind Mr Trump, to be honest, it does not matter how many American cars you force on the Japanese market, I cannot see how U.S. brands will sell here, no matter what Trump says. Japanese don't want them. It's like trying to force-feed sushi with wasabi to blue collar American families in the Rust Belt—it is a really tough sell.

Toyota, Honda, Nissan stocks soar on trade pact as Big 3 say it's a 'bad deal'
Toyota, Honda, Nissan stocks soar on trade pact as Big 3 say it's a 'bad deal'

Yahoo

timean hour ago

  • Yahoo

Toyota, Honda, Nissan stocks soar on trade pact as Big 3 say it's a 'bad deal'

Toyota (TM), Honda (HMC), and Nissan (NSNHF) stocks surged on Wednesday morning on confirmation that the Trump administration and Japanese government struck a trade deal. 'We just completed a massive Deal with Japan, perhaps the largest Deal ever made,' President Trump announced on Truth Social on Tuesday night. Trump added Japan would pay a 'reciprocal' tariff on imports of 15%, as well as invest $550 billion into the US 'at my direction,' Trump said, without further elaboration. Per Reuters, Japan's Prime Minister Shigeru Ishiba confirmed that auto tariffs will be lowered to 15% from the current 25% auto sector tariffs as part of the deal. By comparison, prior to Trump's imposition of sector auto tariffs, Japanese car imports were subject to only 2.5% tariffs. Read more: The latest news and updates on Trump's tariffs Despite this, clarity on a trade deal and a 'reduction' in auto tariffs of essentially 10% have Japanese automaker stocks soaring, with US-listed Honda shares hitting a new 52-week high. Spokespersons for Honda and Nissan did not immediately respond when reached for comment. A Toyota spokesperson said the company had no official comment at this time. The deal is a big accomplishment of the Japanese government and Ishiba, as automobile exports to the US make up nearly 30% of Japan's global auto exports, with the auto sector in general a significant part of the Japanese economy. While news of a trade deal with Japan is boosting the auto sector at large on hopes of trade deals with other countries, Detroit's Big Three automakers — General Motors (GM), Ford (F), and Stellantis (STLA) — aren't pleased. 'Any deal that charges a lower tariff for Japanese imports with virtually no US content than the tariff imposed on North American-built vehicles with high US content is a bad deal for US industry and US auto workers,' Matt Blunt of the American Automotive Policy Council (AAPC), a trade group representing the Big Three, said to Automotive News. Read more: What Trump's tariffs mean for the economy and your wallet Blunt and the AAPC argue that autos compliant with the United States-Mexico-Canada Agreement (USMCA) that are made in Canada and Mexico, where the Big Three have large operations, currently face 25% auto sector tariffs, with certain exclusions given for USMCA-compliant parts. In addition, auto parts made in the two countries face 25% tariffs. In addition, Trump threatened to hike tariffs on Mexico to 30% and Canada to 35% on Aug. 1, though it is unclear if those heightened duties would affect autos. Ford CEO Jim Farley has argued in the past that if Trump strikes a similar deal with Korea, for example, it would again reward those automakers who make only some of their vehicles in the US and North America and punish domestic automakers who build in Mexico and Canada. Ford and Farley will give investors an updated statement on the tariff situation when the company reports second quarter earnings on July 30. On Tuesday GM reported Q2 earnings took a $1.1 billion hit due to Trump's tariffs, and Stellantis revealed on Monday that it lost $2.7 billion in the first half of the year due to a combination of lagging sales and tariffs. Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Sign in to access your portfolio

Sorry Mr Trump But Your American Cars Won't Sell In Japan. Here's Why.
Sorry Mr Trump But Your American Cars Won't Sell In Japan. Here's Why.

Forbes

timean hour ago

  • Forbes

Sorry Mr Trump But Your American Cars Won't Sell In Japan. Here's Why.

The Jeep is the biggest selling American-made car in Japan. (Photo By)"n President Trump is chuffed about his recent trade deal with Japan calling it the greatest in U.S. history. "I just signed the largest trade deal in history, I think maybe the largest deal in history with Japan," Trump boasted at the White House on Tuesday evening. Japan also agreed to invest $550bn in the U.S. economy although no details were forthcoming as to which industries or sectors would benefit. Trump shakes hands with Japan's PM Shigeru Ishiba. (Photo by Jim WATSON / AFP) (Photo by JIM ... More WATSON/AFP via Getty Images) Meanwhile Japan's Prime Minister Shigeru Ishiba welcomed the announcement of the 15% reciprocal tariffs—down from 25%, stressing that it was "the lowest figure to date among countries with trade surpluses with the US'. Japan's stock market soared at news of 15% trade deal News of the deal was well-received by the Japanese stock market which saw shares soar with Mazda rising 17%, Toyota swelling by 15%, Mitsubishi up 13%, Honda increasing 11% and Nissan jumping 8%. Mazda, a carmaker who builds the majority of its vehicles in Japan, was particularly concerned about the proposed 25% tariffs. A quarter of Japan's US exports are from its critical automotive sector, which accounts for almost 3% of its economy. And it's with the auto sector that Trump really seems to have no idea what's really happening. The truth is two-fold. Firstly, before Trump started threatening Japan with tariffs, American cars entering the Japanese market, including Jeep, Cadillac and Corvette, were charged a zero tariff. Zilch! Japan has not charged tariffs or imports duties on imported cars from the U.S., or Europe for that matter, since the late 1970s. In contrast, America had imposed a 2.5% tariff on Japanese imports. Corvette sells in small numbers in Japan. (Photo By) But that's only part of the issue. Trump has continually complained that Japan does not take American cars. He has repeatedly said that the Asian nation is not open to U.S. vehicles. After this major trade deal announcement with Japan, Trump is bloating that the country will now open up to U.S. cars, trucks, rice and other agricultural products. Hey, buddy, that is not the reality. Japan is, and always has been open and ready to take all the American cars you wish to export. The bottom line is—apart from Jeep, which is the biggest selling American car in Japan, and a smattering of Cadillac and Corvette models, Japanese motorists, for the most part, don't want to buy American cars. Not even Tesla EVs, which do sell in Japan, but are imported from China, so not really seen as American. The fact is that old impressions die hard. From the 1970s through to the early 21st century, a mixture of U.S. cars were offered in Japan—including Ford, GM, Pontiac and Buick, in addition to Chrysler. But even though some brands delivered more stylish designs or more powerful engines than their Japanese counterparts, most American cars were considered too big for Japanese roads and carparks, and not as fuel-efficient or as reliable as Japanese cars, which were, on average, a little cheaper. Other critical factors that led to several brands exiting Japan, like Ford in 2016, were insufficient product lineups, and a poor dealer network. So, with all that in mind Mr Trump, to be honest, it does not matter how many American cars you force on the Japanese market, I cannot see how U.S. brands will sell here, no matter what Trump says. Japanese don't want them. It's like trying to force-feed sushi with wasabi to blue collar American families in the Rust Belt—it is a really tough sell.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store