Trump’s sweeping global tariffs, including 104% against China, take effect
Donald Trump's "explosive" tariffs are now in effect, including 104% on China, the world's biggest exporter. The list also includes 60 of the "worst offending" countries, who will face taxation ranging from 11% to 50%.
The extra tariffs on China kicked in after Beijing refused to meet Trump's deadline to drop its own retaliatory duties against the US, BBC reported.
Trump has stated that tariffs are necessary for his economic vision, but experts warn that a full-fledged trade war is possible. Some Americans support tariffs, while others fear a recession.
US financial markets recovered early on Tuesday, but then fell once again after the White House confirmed the extra tariffs on China, according to BBC.
While China prepares to impose a 104% tax on many of its exports to the United States, anti-Trump sentiment is growing on the Chinese internet.
Iran says it is ready for nuclear deal if US stops military threats
Iran is ready to engage with the US at talks on Saturday over its nuclear programme "with a view to seal a deal", its Foreign Minister Abbas Araghchi has said, BBC reported.
But US President Donald Trump must first agree there can be no "military option", Araghchi said, and added that Iran would "never accept coercion".
He also insisted the negotiations in Oman would be indirect, contradicting Trump's surprise announcement on Monday that they would be "direct talks".
Trump, who pulled the US out of a 2015 nuclear deal between Iran and world powers during his first term, warned that Iran would be in "great danger" if talks were not successful, according to BBC.
Nepal’s Ambassador to Denmark Tuladhar presents credentials
Ambassador of Nepal to Denmark, Sumnima Tuladhar, presented her Letters of Credence to the King of Denmark Frederik Andre Henrik Christian.
Ambassador Tuladhar presented the letters of credence amid a special ceremony held at Christiansborg Palace, Copenhagen on Tuesday.
During her courtesy call on the Danish King following the presentation of credentials, Ambassador Tuladhar conveyed warm greetings and best wishes on behalf of President Ram Chandra Paudel, and Prime Minister KP Sharma Oli for the King's continued good health and happiness as well as for the sustained prosperity and well-being of the people of Denmark, the Nepali Embassy informed.
Also on the occasion, various dimensions of the Nepal-Denmark bilateral relationship were discussed.
The King fondly recalled his visit to Nepal in 2015, following the devastating earthquake, during which he oversaw humanitarian relief efforts in the western regions of the country.
His Majesty also expressed concern regarding climate change and its detrimental effects on the Himalayan region.
In response, Ambassador Tuladhar briefed the King on the forthcoming ‘Sagarmatha Sambaad – Everest Dialogue,’ an international forum to be held in Nepal aimed at addressing the alarming rate of glacial melting and its consequences for mountain communities.
BIMSTEC agriculture minister-level meeting in Kathmandu on Wednesday
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Agriculture minister-level meeting is to take place in Kathmandu on Wednesday. Ministers related to Agriculture Affairs of the member states are arriving in Kathmandu to participate in the meeting.
Earlier, the secretary-level meeting was held in Kathmandu, shared by the secretariat of Minister for Agriculture and Livestock Ramnath Adhikari. The meeting was attended by the secretaries of the ministries related to agriculture.
It is stated that the secretary-level meeting had prepared the agenda of the ministerial-level meeting.
Ministers for Agriculture of three among seven member states of BIMSTEC will participate in the meeting in person while ministers of remaining countries will join the meeting virtually, according to the Ministry of Agriculture of Nepal.
Minister Adhikari will preside over the minister-level meeting scheduled to take place on Wednesday. Ministers for Agriculture of India and Bhutan are arriving in Kathmandu this evening to attend the meeting.
The meeting will discuss matters related to the status and challenge of agriculture, and collaboration among the member countries, Ministry sources informed.
