Trump floats new tariffs on China, India to squeeze Russia

WASHINGTON: President Donald Trump told European officials he’s willing to impose sweeping new tariffs on India and China to push President Vladimir Putin to the negotiating table with Ukraine - but only if EU nations do so as well. Trump made the ask when he called into a meeting with senior US and EU officials in...

Putin told Trump he could relax some territorial claims in exchange for Donetsk region, FT reports

(Reuters) -Russian President Vladimir Putin has demanded that Ukraine withdraw from the eastern Donetsk region as a condition for ending Russia's war but told U.S. President Donald Trump he could freeze the rest of the frontline if his core demands were met, the Financial Times reported on Saturday. Putin made the request during his meeting with...

Ukraine’s Zelenskiy rejects land concessions ahead of Trump-Putin talks

KYIV/LONDON (Reuters) -Ukraine will not cede its land, President Volodymyr Zelenskiy said on Saturday, rejecting U.S. suggestions that a deal with Russia could involve swapping territories as Washington and Moscow prepared for talks between their leaders on ending the war. U.S. President Donald Trump announced on Friday that he would meet his Russian counterpart Vladimir Putin...

Trump, Xi Jinping among four world leaders expected to attend Asean Summit in October, says Anwar

CYBERJAYA: Four prominent world leaders are expected to attend the 47th Asean Summit scheduled to take place in Kuala Lumpur this October, says Datuk Seri Anwar Ibrahim. The Prime Minister said that the meeting will gather high-profile world leaders and would ensure it would yield results of lasting values. "We look forward to welcoming the heads of...

Correction, not criticism: Fact-checking Dr M on Malaysia-US trade deal done with all due respect, says Zafrul

OSAKA: Fact-checking Tun Dr Mahathir Mohamad on the recent Malaysia-US trade agreement was not a criticism of the former premier, says Tengku Datuk Seri Zafrul Abdul Aziz. The Investment, Trade and Industry Minister said that his intention was not to criticise but to provide clear and correct facts on the matter. “Perhaps he (Dr Mahathir) got the...

US firms in Malaysia may escape semiconductor chip tariff, says Tengku Zafrul

KUALA LUMPUR: Investment, trade and industry minister Tengku Zafrul Aziz is hopeful that some semiconductor manufacturers in Malaysia may be exempted from the 100% tariff the US has imposed on the import of semiconductor chips. Trump, who announced the tariff yesterday, said that it would not apply to companies that were already producing semiconductor chips in the US or...

Trump says he is seeking a ceasefire between Thailand, Cambodia

WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he was calling the leaders of Cambodia and Thailand to press for a ceasefire as fighting along the border continued into a third day. "The call with Cambodia has ended, but expect to call back regarding War stoppage and Ceasefire based on what Thailand has to say....

Trump intensifies trade war with 30% tariffs on EU and Mexico

(Reuters) -President Donald Trump on Saturday imposed a 30% tariff on imports from Mexico and the European Union starting on August 1 after weeks of negotiations with the key trading allies failed to reach a more comprehensive trade deal. The fresh tariffs were announced in separate letters posted on Truth Social on Saturday. Earlier this week,...

Chip firms in Malaysia pause investment plans on tariff angst

Chip firms in Malaysia are holding back on investment and expansion as they await clarity on tariffs from the US, according to Malaysia Semiconductor Industry Association President Datuk Seri Wong Siew Hai. The companies are hoping that the US government would continue to exempt semiconductors from tariffs beyond Aug. 1, the deadline for higher levies announced...

Trump may attend Asean summit in October, says Rubio

KUALA LUMPUR: United States President Donald Trump may attend the 47th Asean Summit and related summits in October, says US Secretary of State Marco Rubio. "It's possible, yes. We are working on getting a date for that," said Rubio after the Asean-US Post Ministerial Conference in KLCC on Thursday (July 10). Rubio also said that many countries...