BEIJING (AP) – China launched two investigations into U.S. trade practices on Friday, signaling its resolve to push back against President Donald Trump’s tariffs ahead of his visit in May. The Commerce Ministry said the new probes are a response to two investigations announced by Trump earlier this month against multiple countries, including China.
NEW YORK (AP) - U.S. stocks closed out their worst week since the Iran war began and their fifth losing week in a row. The S&P 500 fell 1.6% and is now 8.7% below the all-time high it reached in January. The Dow Jones dropped 1.7%, and the Nasdaq composite sank 2.1%. Crude oil prices rose again with no clear end in sight for the conflict.
ISLAMABAD (AP) – As fears of a wider regional conflict escalate following U.S. and Israeli strikes on Iran that began in late February, Pakistan has emerged as an unexpected mediator, offering to help bring Washington and Tehran to the negotiating table. Islamabad isn’t often called on to act as an intermediary in high-stakes diplomacy.
DUBAI, United Arab Emirates (AP) – Iranian-backed Houthi rebels entered the month-old war in the Middle East on Saturday, claiming a missile launch that Israel said it intercepted. Pakistan said regional powers plan to meet Sunday to discuss how to end the fighting, while Iran expressed skepticism about the diplomatic efforts. And about 2,500 U.S. Marines arrived in the region.
ISLAMABAD (AP) – As fears of a wider regional conflict escalate following U.S. and Israeli strikes on Iran that began in late February, Pakistan has emerged as an unexpected mediator, offering to help bring Washington and Tehran to the negotiating table.
WASHINGTON (AP) – The number of American service members wounded in the Iran war has grown beyond 300, with more than two dozen troops injured this week from attacks on a Saudi air base. Iran fired six ballistic missiles and 29 drones at Saudi Arabia’s Prince Sultan air base in an attack Friday that injured at least 15 troops, including five seriously.
HONG KONG (AP) – Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla’s, but its profit fell for the first time since 2021 under pressure from cutthroat competition. BYD, the largest electric vehicle maker, has been expanding into global markets including Latin America and Europe.
Excerpts from recent editorials in the United States and abroad:
ULAANBAATAR, Mongolia (AP) – Mongolia ‘s Prime Minister Zandanshatar Gombojav resigned Friday after rising tensions within the ruling Mongolian People’s Party and a parliamentary boycott by the opposition.
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