Jason Lee, Reuters
Reuters: Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
Trump laid out a list of more than 800 strategically important imports from China that would be subject to a 25 percent tariff starting on July 6, including cars, the latest hardline stance on trade by a U.S. president who has already been wrangling with allies.
China’s Commerce Ministry said it would respond with tariffs “of the same scale and strength” and that any previous trade deals with Trump were “invalid.” The official Xinhua news agency said China would impose 25 percent tariffs on 659 U.S. products, ranging from soybeans and autos to seafood.
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MIDDLE EAST
In Yemen capital, fears over fighting cloud Eid holiday.
Arab forces seize entrance to airport in Yemen's main port city.
Syria shelling on southern rebels kills at least 6: monitor.
Iraq PM calls for meeting to address election fallout.
Iran oil exports slide in early ship data after Trump sanctions.
Turkey election: Four dead in clash as pre-poll tension rises.
Russia's Putin, Israel's Netanyahu discuss Syria: Kremlin.
Saudi women at World Cup talk up new found soccer freedoms at home.
ASIA
Xi Jinping wants China involved in U.S.-North Korea negotiations.
China will have a role in North Korea’s denuclearisation, but not just yet, analysts say.
South Korea and US discuss future of joint war games.
Trump claims he has 'largely solved' North Korea problem.
S.Korea jails ex-spy chiefs for funnelling agency money to Park.
Peace for Eid as Afghanistan observes ceasefire.
China holds missile drills in South China Sea amid heightened tension.
New Zealand to tax tourists as influx grows.
India facing the 'worst water crisis in its history'.
Delhi's air pollution is now so bad it is literally off the chart.
AFRICA
Libya strongman's jets strike rivals targeting oil terminals.
Electricity rationing returns to South Africa.
Mozambicans fleeing jihadists seek refuge on resort islands.
Armed groups in Somalia.
Cameroon blasts Amnesty for 'crude lies' on anglophone crisis.
Uganda arrests former police chief.
In disputed Badme, Ethiopians reject peace with Eritrea.
'We have a new chance': Zimbabwe gears up for elections after Mugabe.
Egypt's Sisi pardons 3,477 prisoners ahead of Eid holiday.
EUROPE
Dutch to shift troop deployment from Mali to Afghanistan.
Donald Trump, Vladimir Putin exploring possible summit.
Mattis blasts Putin for trying to 'shatter' NATO.
Merkel's government frays as migrant row festers in Germany. Merkel coalition at risk as talks on refugee policy falter.
Macron hosts Italian PM Conte after trading barbs over migrants.
Czech centre-left party approves joining coalition, new government close.
Greece, Macedonia to sign name change accord June 17: Greek ministry.
UK seeks 'closest possible' security pact with EU after Brexit - minister.
Oxfam to axe jobs and aid programmes in £16m cuts after scandal.
AMERICAS
Colombia's rampant corruption a hot topic in presidential vote.
Nicaragua renews talks to quell protests, death toll at 164.
Strike paralyzes Nicaragua capital as talks to resume Friday.
Nicaraguans flood migration offices in bid to flee crisis.
U.S. government says nearly 2,000 child separations at Mexico border in under two months.
Judge jails ex-Trump campaign chair Manafort ahead of trial.
Trump says it’s ‘possible’ he’ll meet with Putin this summer.
Trump: Won’t sign ‘moderate’ immigration bill in GOP setback.
US to house migrant children in tents near Mexico border.
Colombia's Sunday vote will determine future of peace deal, economy.
Canadians boycott US products, cancel vacations to America.
TERRORISM/THE LONG WAR
Mother and daughter jailed in UK after admitting terrorism charges.
Pakistani Taliban leader killed in air strike in Afghanistan near border.
German police search apartments for ricin in anti-terror raids.
Al Qaeda’s Mali branch releases video of two female hostages.
ECONOMY/FINANCE/BUSINESS
Wall Street ends high-volume session lower on trade jitters.
Former Theranos biotech star indicted on fraud charges.
U.S. Q2 GDP estimate rises to 4.8% from 4.6%.
AT&T completes its takeover of Time Warner.
IMF: President Donald Trump's tariffs pose risk to both global trade and US economy.
Trade tensions push the price of oil lower.
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