World News Briefs — July 6, 2018 (Evening Edition)

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CNBC: Trade War begins: US and China exchange $34 billion in tariffs

* President Trump’s tariffs on $34 billion worth of Chinese goods kick in, escalating a war of words between the world’s two largest economies into a full-blown trade conflict.
* Washington’s 25 percent duties went into effect at midnight EDT and affected products such as water boilers, X-ray machine components, airplane tires and various other industrial parts.
* China immediately retaliates with tariffs on its $34 billion list of goods issued last month, including soybeans, pork and electric vehicles.
* Beijing calls it the “biggest trade war in economic history.”

U.S. tariffs on $34 billion worth of Chinese goods kicked in on Friday, escalating a war of words between the world’s two largest economies into a full-blown trade conflict.

Washington’s 25 percent duties went into effect at midnight EDT and affected products such as water boilers, X-ray machine components, airplane tires and various other industrial parts. China immediately implemented retaliatory tariffs on its $34 billion list of goods issued last month, including soybeans, pork and electric vehicles. Beijing called it the “biggest trade war in economic history.”

Read more ….

MIDDLE EAST

Palestinian killed as Gaza protests against Israel enter fourth month.

South Syrian rebels agree surrender deal, Assad takes crossing.

Rebels in southern Syria ‘reach ceasefire deal’ with Russia.

Torrent of airstrikes pound southern Syria, displacing over 300,000. Thousands more flee ‘earth-shattering’ bombs in Syria’s Deraa.

With US out, others reaffirm commitment to Iran nuclear deal.

Iran says EU economic proposal to save nuclear deal not enough.

Iran threatens to block Strait of Hormuz over US oil sanctions.

World powers back Iran oil exports despite US sanctions threat.

Turkey seeks to detain 271 military for alleged coup ties.

Expanded powers for Erdogan as Turkey enters new era.

Princes and top officials remain jailed in Saudi Arabia: report.

Pompeo in Pyongyang seeks progress on NKorea nuke commitment.

Pompeo visits North Korea to press Kim on Trump nuclear deal. Pompeo in N. Korea to seek ‘details’ on denuclearisation.

US says no softening in stand as envoy heads to North Korea.

New U.S. ambassador to South Korea begins term in Seoul.

South Korea worried about risk of U.S.-China trade dispute.

Former Pakistan PM Nawaz Sharif sentenced to 10 years in prison.

Malaysia halts $22bn in China-backed deals.

Diver dies in rescue operation to free boys from Thailand cave.

Death toll rises after tourist boats capsize off Thailand. Phuket boat capsize in rough seas leaves 33 dead, more than 20 missing.

Japanese cult leader Shoko Asahara executed for Tokyo sarin attack.

South Sudan’s warring parties sign deal on security arrangements.

UN: June saw exceptional rate of deaths in sea off Libya.

30 killed when bus in Cameroon drives into a river.

France girds for long fight against Islamists in Africa’s Sahel.

Amnesty International urges UN to impose arms embargo on S. Sudan.

19 killed in S. Sudan’s Eastern Lakes state attack: official.

Fighting between Somalia’s al Shabaab and clan militias leave 17 dead.

EU slams UAE retaliatory acts against Somalia over Gulf crisis.

Former top officials in Sierra Leone arrested for corruption.

Mozambique airline sackings after PM Rosário stranded.

UK police in protective suits investigate latest Novichok poisoning.

Putin urges closer international cybersecurity cooperation.

After marathon meeting, UK leaders endorse Brexit trade plan.

Brexit: May bids to unite cabinet behind plan.

Moscow using UK as dumping ground for poison, says Sajid Javid.

German coalition drops plan for migrant holding centres.

Germans unhappy with Merkel government amid migration spat.

Italy’s Salvini vows to end migrant arrivals by boat.

Europe: Moves to further limit refugee flow prompt concern.

Macedonia’s parliament endorses name deal with Greece for second time.

US trade deficit hits 18-month low on record exports in May.

Immigration top issue for U.S. voters, economy a close second: Reuters/Ipsos poll.

Ahead of summit, US lawmakers worry over what Trump will say to Putin.

Trump administration extends special immigration status for Yemen citizens in US.

Mexican leader to invite Trump to inauguration, signals shift on Venezuela.

Maduro warns Venezuela army over Trump’s ‘invasion’ plans.

Baltimore: hospital evacuated due to tuberculosis threat – reports.

At least 24 dead in explosions at Mexican fireworks shops.

Canadian police charge truck driver in hockey team bus crash.

TERRORISM/THE LONG WAR

Suspected US drone strike kills 7 al-Qaida members in Yemen.

Islamic State awakens sleeper cells in Iraq’s Kirkuk.

Paris attacks suspect linked to IS Jordan pilot killing.

More than 10 percent of Americans charged with supporting ISIS served in military.

ECONOMY/FINANCE/BUSINESS

U.S. jobs growth lifts Wall Street, offsetting tariffs.

6 major wealth funds agree to encourage greener economy.

There are fears about an oil spike above $150.

China proposes stronger ties with EU to counter US trade threats.

US jobs growth stronger than expected.

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