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South Korea’s Constitutional Court removed impeached President Yoon Suk Yeol from office on Friday, ending his tumultuous presidency and setting up an election to find a new leader, four months after he threw South Korean politics into turmoil with an ill-fated declaration of martial law, Associated Press reported.

The unanimous verdict capped a dramatic fall for Yoon, a former star prosecutor who went from political novice to president in 2022, just a year after he entered politics. 

In a nationally televised verdict, the court’s acting chief Moon Hyung-bae said the eight-member bench upheld Yoon’s impeachment because his martial law decree seriously violated the constitution and other laws.

“The defendant not only declared martial law, but also violated the constitution and laws by mobilizing military and police forces to obstruct the exercise of legislative authority,” Moon said, “Ultimately, the declaration of martial law in this case violated the substantive requirements for emergency martial law.”

President Donald Trump has said he is moving forward with 25% tariffs on goods imported from Canada and Mexico into the US, adding that time had run out to reach a deal, BBC reported.

US stock markets sank in response to the measures, which he has threatened since earlier this year and said would now go into effect on Tuesday.

An additional 10% tariff on Chinese imports is also expected to come into force, leaving all of America's top three trade partners facing significantly higher barriers than just a few weeks ago. 

"No room left for Mexico or for Canada," Trump said at the White House on Monday. "The tariffs, you know, they're all set. They go into effect tomorrow."

Prime Minister KP Sharma Oli is addressing the sixth Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Thailand today. Other member states of BIMSTEC are also scheduled to address the event.

The first agenda of the Summit is the signing ceremony on 'BIMSTEC Maritime Transport Cooperation'. Thai Prime Minister Paetongtarn Shinawatra is presenting the agenda after giving a welcome speech.

Her welcome speech will be followed by the addresses of the delegations of Bangladesh, Bhutan, India, Myanmar, Nepal and Sri Lanka.

After the passage of the agenda following the address, the hosting country Prime Minister Shinawatra will hold a news conference.

PM Oli meeting Indian PM today itself

Moreover, PM Oli will have a bilateral meeting with Indian Prime Minister Narendra Modi at 4:00pm today itself. 

It is the first time Nepali Prime Minister is holding the official visit to Thailand since the establishment of diplomatic relations between the two countries. 

PM Oli and the Nepali delegation will be attending a welcome dinner to be hosted by the Nepali Embassy in Bangkok. 

As US President Donald Trump has been imposing tariffs on its trading partners worldwide, Nepal could not remain immune to it.

The Trump administration has slapped a 10 percent tariff on Nepal, a developing country in the Asia Pacific region.

Nepal exports mainly readymade garments, woolen carpets, pashmina products, leather products, pulses, handicrafts, spices and floricultural products to the United States.

In 2024, the trade between Nepal and the US was around USD 241. 4 million with Nepal exporting the goods worth around USD 120. 5 million.

Nepal's total exports to the US in November 2024 were USD 8.987 million, compared to USD 14.865 million in October 2024.

In 2023, Nepal exported goods a total of USD 1.21 million becoming 156 exporters in the world.

India ($811M), United States (USD 140 million), Germany (USD 38.8 million), China (USD 28.2 million), and United Kingdom (USD 26.4 million) are the most common destinations for exports of Nepal.

Nepal’s southern neighbor, India, was slapped with a 26 percent reciprocal tariff, which will come into effect from April 9, the White House said in a statement.

The announcement made by Trump to slap a 26 percent tariff on India was his wider plan to impose a 10 percent baseline tariff on all imports from April 5.

Similarly, the Trump administration has also decided to add 34 percent reciprocal tariffs to existing 20% duties on all the goods imported from China, the northern neighbor of Nepal, to the US.

After he assumed the office as the President of the US, Trump had already levied two tranches of 10 percent additional tariffs on all Chinese imports.

Meanwhile, world leaders have criticized Trump’s move to impose tariffs as “major blow”.

The criticism comes a day after Trump announced a universal 10% tariff on all imports into the US from  April 5.

Around 60 countries will be hit hard with the tariffs slapped by the US. The decision will come into effect from April 9.