Trump to levy 25pc tariffs on Japan, South Korea in August
The two Asian nations were the first announcements in what the president promised would be a flurry of demand letters and trade deals announced on Monday (Tuesday AEST).
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SBS Australia
an hour ago
- SBS Australia
Australia tus coj tsis pom zoo nrog cov kev teeb tsa National Taskforce daws cov antisemitism
Xov xwm luv tshaj tawm hnub zwj Quag (Tuesday news 08.07.2025): Thawj pwm tsav Anthony Albanese tsis lees paub tej lus nqua hu ntawm lub koom haum Council of Australian Jewry thiab lwm pab nom teb chaws kom teeb tsa pawg National Taskforce los tawm tsam nrog tej xwm txheej faib cais ntxub ntxaug tsis nyiam neeg Jews tom qab tau muaj ib co xwm txheej no tau tshwm sim rau 2 hnub so dhau los. Meskas tus President Donald Trump tau qhia tias yuav tsub se 25 feem pua rau tag nrho txhua yam khoom xa ntawm teb chaws Japan thiab South Korea muag rau Meskas txij tim 1 lub 8 hli ntuj mus. Thiab Mr Trump tau ceeb toom tias yog lub teb chaws twg tseem nce se pauj ces yuav tsub se kom ntau ntxiv rau. Tsis tas li ntawd los Meskas kuj tau qhia tias tsub 25 feem pua rau Malaysia, thiab Kazakstan, thiab tsub 30 feem pua rau South Africa ua ke no tsub 40 feem pua rau Nplog thiab Phabmab. Thiaj ua rau Lee Jae Myung uas yog South Korea tus presiden hais tias nws yuav nrog xyuas kom muaj sij hawm ntau tuaj ntxiv los sib khom, tom qab tau muaj ib txhia teb chaws li Askiv, Cob tsib thiab Suav tuam tshoj tau sib khom kom txo tau tej reciprocal tariff tsawg nrog Meskas lawm. Australia lub koom haum tswj cov kev nyab xeeb txog pej xeem cov kev ya dav hlau tau ceeb toom rau tej zej tsoom sawv daws uas xav mus ntoj ncig kom kub siab txog cov kev npaj ntim koom kom tau txais kev nyab xeeb, hais tsi ntsees txog cov roj teeb lithium batteries. UN lub tuam chav hauj lwm tau muaj ib co kev tawm suab txog tej poj niam thia tej me nyuam ntxhais tej cai ntawm teb chaws Afghanistan rau lub caij tsu tsoom fwv Taliban tswj hwm. Ces thiaj tau muaj 116 lub teb chaws tawm suab pom zoo, 12 lub tsis kam tawm suab thiab muaj 2 lub uas yog Meskas thiab Israel tawm suab tsis pom zoo. Donald Trump uas yog Meskas tus president tau noj ib plua hno nrog Benjamin Netanyahu ntawm tsev dawb thiab tau sab laj txog kev pab kev ruaj ntseg rau Gaza thaib yuav xa cuab yeej tsov rog pab rau Ukraine tom qab limtiam dhau los uas tau hais tias ncua tsis xa pab rau Ukraine. Tib lub caij no los kuj muaj zejzog pej kum haiv tej chaw nthuav xov xwm tau tshaj tawm tias Nplog tau xa 50 tus tub rog daws meem thiab nplaum mus pab Russia ntawm cheeb tsam Kursk tom qab tau ob xyoos tsis ntev los no uas Russia tau pab ib co tsheb tanks qub rau Nplog. Meskas tus President Donald Trump tau hawv tias yuav tsub se tshab 10 feem pua rau cov teb chaws tub koom siab ntawm lub koom haum BRICS. 11 lub teb chaws tub koom siab ntawm lub koom haum no tseem tab tom koom rooj sab laj ntawm Brazil lub tuam ceeb Rio de Jenario ob hnub uas muaj hom phiaj pab kom tau txais kev ncaj nces thiab siv tau cov system ua tau ntau theem lagluam. Touitre News tau qhias tias lub caij Cob tsib tub coj tau ntsib Brazil tus coj ntawm BRICS summit ces tau muaj Brazil ntau cov tuam txhab lagluam xav nqes peev rau tej lagluam biofuel, aerospace thiab agriculture.
Herald Sun
an hour ago
- Herald Sun
US to send 'more weapons' to Ukraine: Trump
Don't miss out on the headlines from Breaking News. Followed categories will be added to My News. President Donald Trump said Monday the United States will send additional weapons to Ukraine, after Russia claimed new gains in its grinding war against its neighbour. Trump's announcement followed Washington saying last week that it was halting some weapons shipments to Kyiv, leaving Ukrainian officials caught off guard and scrambling for clarity. A pause poses a potentially serious challenge for Kyiv, which is contending with some of Russia's largest missile and drone attacks of the more than three-year war. "We're going to have to send more weapons -- defensive weapons primarily," Trump told journalists at the White House. "They're getting hit very, very hard," he said of Ukraine, while adding that he was "not happy" with Russian President Vladimir Putin. Putin launched the full-scale invasion of Ukraine in 2022 and has shown little willingness to end the conflict despite pressure from Trump. The US president's pledge to ship more arms to Ukraine came after Moscow said Monday that its forces captured its first village in Ukraine's central Dnipropetrovsk region after advancing towards it for months. Russia launched a fresh large-scale drone and missile barrage before the announcement, including on Ukraine's military recruitment centres. Kyiv also said it carried out a drone attack on a Russian ammunition factory in the Moscow region. - 'Difficult' situation - Russia said its forces captured the village of Dachne in the Dnipropetrovsk region, an important industrial mining territory that has come under mounting Russian air attacks. Last month, Moscow said its forces had crossed the border into the Dnipropetrovsk region for the first time in its campaign. Russian forces appear to have made crossing the regional border a key strategic objective in recent months, and deeper advances there could pose logistical and economic problems for Ukraine. Kyiv has so far denied any Russian foothold in Dnipropetrovsk. Ukraine's military said earlier Monday its forces "repelled" attacks in Dnipropetrovsk, including "in the vicinity" of Dachne. Dnipropetrovsk is not one of the five Ukrainian regions -- Donetsk, Kherson, Lugansk, Zaporizhzhia and Crimea -- that Moscow has publicly claimed as Russian territory. Describing the situation in Dnipropetrovsk as "difficult" for Kyiv's forces, Ukrainian military expert Oleksiy Kopytko said Russia hopes to create some kind of buffer zone in the region. "Our troops are holding their ground quite steadily," he told AFP. - Counting on partners - The White House said last week that it was halting some key weapons shipments to Ukraine that were promised under Trump's predecessor Joe Biden, without providing details on which weapons programmes were affected. It said the decision was taken after a review of US defence needs and of its military assistance to foreign countries. Kyiv has long feared halts to US aid after Trump returned to the White House in January, having criticised the tens of billions of dollars in support and weapons sent by Biden. Under the Biden administration, Washington committed to providing more than $65 billion in military assistance to Ukraine. Trump has announced no new military aid packages for Kyiv since taking office for the second time. The Republican president instead has pushed the two sides into peace talks, including in phone calls with Putin. The Russian leader has rejected pleas for a ceasefire and demanded that Ukraine cede more territory if it wants an end to the war. Ahead of Trump's remarks on Monday, Ukraine's President Volodymyr Zelensky said air defence remained the "top priority for protecting lives", and his country was counting on partners to "fully deliver on what we have agreed". Explosions were heard overnight to Tuesday in the southern Ukrainian city of Mykolaiv, mayor Oleksandr Senkevych wrote on Telegram, adding that the "threat of drones" was ongoing. Mykolaiv regional governor Vitaliy Kim said a fire broke out in the city's outskirts due to shelling and a 51-year-old man was wounded. dk/wd/sco/rsc Originally published as US to send 'more weapons' to Ukraine: Trump
News.com.au
2 hours ago
- News.com.au
Lunch Wrap: ASX hangs in there as new tariff threats sink in
ASX 200 struggles back into green by lunchtime Info tech and gold stocks prop up struggling market Trump sends out dozens of tariff threats ahead of extended deadline ASX crawls along After a rough start to the morning saw the ASX 200 slice 0.25% off the top, the Aussie bourse has staged a recovery to tip back into the green. Although… hang on… the grip is loosening as we type. It's now about flat and seemingly just clinging on as of about 1.15pm AEST, which is actually nothing to sniff at considering Wall Street's abysmal performance overnight. Retreating from all-time highs, the Nasdaq, S&P500 and Dow all lost about 0.8-0.9% overnight. The mood turned decidedly sour as Trump let rip with the tariff rhetoric once again, pushing nine of the S&P 500's 11 sectors lower. And the drama ramped up further as Elon Musk announced the formation of the new 'American Party' in direct response to the passing of Trump's latest tax bill. Tesla shares tumbled 6.8%. While US tech stocks languished overnight – Nvidia, Apple, Alphabet and AMD all sank – it's the info tech sector providing a lot of the supporting strength for the ASX today. Gold stocks are also flying as the tariffs push investors back into gold – the All Ords Gold index has surged 3% so far in trade today. Taking a look at our big cap movers for the middle of the day, Commonwealth Bank (ASX:CBA) has added 0.42%, ANZ (ASX:ANZ) is up 0.53% and NAB (ASX:NAB) has gained 0.54%. BHP Group (ASX:BHP) has shed 1.15%, CSL (ASX:CSL) is down 0.54% and Westpac (ASX:WBC) is trending against the other banks, losing 0.34%. Trump ramps up tariff threats after deadline extension US markets had reached new all-time highs in the brief reprieve from tariff chaos over the last few months, but major indices fell almost a full percentage point each overnight as Trump turned the heat back up. Writing to the leaders of dozens of countries, US President Donald Trump has threatened to impose new tariffs of between 25% and 40%. South Korea, Malaysia, Japan, Kazakhstan and Tunisia are all staring down the barrel of unilateral 25% trade taxes. It gets worse from there. South Africa, Bosnia and Herzegovina, Indonesia, Serbia, Bangladesh and Cambodia will be slapped with tariffs of 30% to 36%, while goods from Laos and Myanmar will carry a 40% tariff. "Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country," Trump wrote in letters to Japan and South Korea, with similar language in other communications. He also explicitly threatened to one-up any retaliation, stating any changes to tariffs on US goods would see the same percentage added to US trade taxes. JP Morgan research predicts the average tariff rate will be a good bit lower than levels currently being threatened. 'Tariffs are a central pillar of this administration's economic agenda,' JP Morgan chief global economist Bruce Kasman said in June. 'The path and the distribution across countries and sectors are uncertain, but we continue to believe that the average effective tariff rate should eventually settle around 15-18%.' ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for July 7 : Security Description Last % Volume MktCap AQC Auspaccoal Ltd 0.023 360% 26455906 $3,502,338 LNR Lanthanein Resources 0.002 167% 3084720 $3,161,454 HLX Helix Resources 0.002 100% 400100 $3,364,194 ATV Activeportgroupltd 0.015 67% 13925144 $6,182,794 ALR Altairminerals 0.003 50% 166733 $8,593,488 AXP AXP Energy Ltd 0.0015 50% 250000 $6,684,681 AM7 Arcadia Minerals 0.025 39% 40120 $2,112,902 AMS Atomos 0.004 33% 2561337 $3,645,055 QXR Qx Resources Limited 0.004 33% 2947669 $3,930,987 RDG Res Dev Group Ltd 0.009 29% 118403 $20,656,007 GT1 Greentechnology 0.027 29% 2302359 $9,978,571 SCP Scalare Partners 0.165 27% 43422 $5,438,553 RMI Resource Mining Corp 0.015 25% 93140 $8,813,440 1AD Adalta Limited 0.0025 25% 667400 $2,142,633 RLG Roolife Group Ltd 0.005 25% 911660 $6,371,125 TMK TMK Energy Limited 0.0025 25% 4176969 $20,444,766 VEN Vintage Energy 0.005 25% 2207274 $8,347,655 PIQ Proteomics Int Lab 0.49 24% 1285414 $64,590,968 AGY Argosy Minerals Ltd 0.031 19% 11634924 $37,853,944 SVY Stavely Minerals Ltd 0.013 18% 2260181 $5,984,463 ENX Enegex Limited 0.021 17% 25508 $6,856,597 CRR Critical Resources 0.0035 17% 1115050 $8,310,256 IPT Impact Minerals 0.007 17% 1120792 $23,959,980 GCM Green Critical Min 0.022 16% 20614126 $46,634,138 SUM Summitminerals 0.046 15% 2359785 $3,543,043 In the news… Activeport (ASX:ATV) is preparing to roll out its network operations centre module at-scale for the first time after locking in a contract with India-based Ishan Netsol Pvt Ltd to provide network infrastructure automations. The $375k deal will see ATV deploy its Fibre-to-the-Node orchestration to more than 12,000 buildings and 40+ data centres across India, tapping into a network across 100 locations and 85,000 customers in the country. TMK Energy (ASX:TMK) has locked in a drilling contractor for the LF-07 production well at the Pilot Well project in Mongolia, contracting a larger, more powerful TXD200 drilling rig for the first time. TMK intends to spud the LF-07 well in the second half of July, once Mongolia's annual holiday celebration, the Naadam festival, has ended. Stavely Minerals (ASX:SVY) is taking a magnifying glass to its Western Victorian tenure in a fresh hunt for gold, taking advantage of the lucrative gold pricing environment to pivot from its usual copper targets. The company has already put drill bit to ground at the Fairview North and South gold prospects, with an eye to investigate some breccia-hosted gold targets at the S41 prospect as well. Green Critical Minerals (ASX:GCM) is looking to jump on the data centre bandwagon with its VHD graphite heatsink technology, which handily outperformed traditional materials in recent modelling. With data centre microchips now requiring up to 300W of power, GCM's heat sink can maintain temperatures of 70-85 degrees Celsius at power loads of 300 to 400 watts. ASX SMALL CAP LAGGARDS Here are the worst performing ASX small cap stocks for July 7 : Code Name Price % Change Volume Market Cap VFX Visionflex Group Ltd 0.001 -50% 447757 $6,735,721 EEL Enrg Elements Ltd 0.001 -33% 250101 $4,880,668 GMN Gold Mountain Ltd 0.002 -20% 884391 $14,049,398 MRD Mount Ridley Mines 0.002 -20% 1071190 $1,946,223 DGR DGR Global Ltd 0.005 -17% 423719 $6,262,176 TON Triton Min Ltd 0.005 -17% 180000 $9,410,332 ZMI Zinc of Ireland NL 0.008 -16% 4792390 $5,529,102 HPC Thehydration 0.011 -15% 856893 $5,021,912 LML Lincoln Minerals 0.006 -14% 2418211 $14,717,988 LU7 Lithium Universe Ltd 0.006 -14% 43962 $6,551,857 WMG Western Mines 0.24 -14% 80634 $27,100,736 BPH BPH Energy Ltd 0.007 -13% 500000 $9,745,863 RNX Renegade Exploration 0.0035 -13% 157488 $5,153,454 WBE Whitebark Energy 0.0035 -13% 882608 $2,749,334 NUC Nuchev Limited 0.14 -13% 5263 $23,467,622 TOU Tlou Energy Ltd 0.021 -13% 479382 $31,166,024 MCE Matrix C & E Ltd 0.255 -12% 1305836 $64,905,242 RML Resolution Minerals 0.044 -12% 9997065 $32,910,914 DXN DXN Limited 0.059 -12% 696899 $20,013,144 ILT Iltani Resources Lim 0.19 -12% 222980 $14,177,272 LOC Locatetechnologies 0.155 -11% 740100 $40,657,564 SKY SKY Metals Ltd 0.056 -11% 356254 $44,774,299 MEM Memphasys Ltd 0.004 -11% 2181 $8,926,191 ADO Anteotech Ltd 0.0125 -11% 1057680 $37,874,205 BOA BOA Resources Ltd 0.018 -10% 55555 $2,467,057 IN CASE YOU MISSED IT Argent BioPharma (ASX:RGT) has initiated supply of EU-GMP Cannabinoid API for epilepsy treatment at Slovenia's largest hospital. Brookside Energy (ASX:BRK ) is preparing to commence a ~$1.92 million on-market share buy-back to support its upcoming New York Stock Exchange ADR listing. Pure Hydrogen (ASX:PH2) is expecting a $1.1m R&D refund for FY25, which will assist in funding its goal of driving uptake of hydrogen and electric commercial vehicles. Koonenberry Gold (ASX:KNB) has inked a 160% gain year to date on thick, high-grade gold hits at its Sunnyside prospect in New South Wales. But could it be sitting on another potential monster find? StockTake: Buxton Resources (ASX:BUX) has kicked off its maiden drilling program at Centurion, testing gravity and magnetic anomalies. Break it Down: Western Yilgarn (ASX:WYX) has announced a 16.5-million-tonne bauxite resource estimate for its Cardea-3 deposit in Western Australia. LAST ORDERS Star Minerals (ASX:SMS) has polished off a 2033-metre, 38-hole drilling program at the Tumbelgum South gold project, on time and within budget. The infill drilling data from the program will be used for a resource estimate upgrade, and will also provide insights on structural targets to the northwest with potential to hold more gold mineralisation. At Stockhead, we tell it like it is. While Star Minerals and Green Critical Minerals are Stockhead advertisers, they did not sponsor this article.
