US markets open lower after Trump raises tariffs on dozens of countries
Summary
Stock markets around the world have opened lower as US President Donald Trump has announced new tariffs on more than 90 countries
An economic adviser to the president says he sees "zero evidence" prices on goods will rise for Americans, but warnings are swirling that tariffs will hit consumers directly
Trump announced higher tariffs for many Canadian goods, but most products are exempted due to a free trade agreement - while Mexico has escaped higher levies for another 90 days
Switzerland, meanwhile, is facing "worse than a worst-case scenario", our Geneva correspondent reports, as rates have skyrocketed to 39%
The US president is touting tariffs as the answer to trade deficits with other nations, but BBC Verify has found the deficit has only widened
Stock markets around the world have opened lower as US President Donald Trump has announced new tariffs on more than 90 countries
An economic adviser to the president says he sees "zero evidence" prices on goods will rise for Americans, but warnings are swirling that tariffs will hit consumers directly
Trump announced higher tariffs for many Canadian goods, but most products are exempted due to a free trade agreement - while Mexico has escaped higher levies for another 90 days
Switzerland, meanwhile, is facing "worse than a worst-case scenario", our Geneva correspondent reports, as rates have skyrocketed to 39%
The US president is touting tariffs as the answer to trade deficits with other nations, but BBC Verify has found the deficit has only widened
Bangladesh sees tariff reduction as a 'victory'
BBC News Bangla, Dhaka
Bangladesh has declared a "decisive diplomatic victory", after the US reduced the tariffs from 35% to 20%.
Vidiya Amrit Khan, the owner of a leading garment factory, said Bangladeshi products would remain competitive as its main competitors, such as India, Sri Lanka and Cambodia, had to pay higher levies.
The US is Bangladesh’s largest single export market, accounting for 17% of its total exports. Ready-made garment makes up nearly 90% of exports to the US.
At least 91 killed seeking aid in Gaza as US envoy Steve Witkoff visits Israel
Crowds of hungry people waiting for humanitarian aid at Zikim crossing shot at by Israeli soldiers
At least 91 people have been killed and 600 wounded while waiting for aid in Gaza over the past 24 hours, as the US envoy, Steve Witkoff, visits Israel for ceasefire discussions and to inspect food distribution.
On Wednesday night, crowds of hungry people had gathered at the Zikim crossing with Israel, waiting for trucks loaded with humanitarian aid to enter the besieged strip, when they were shot. Al-Saraya field hospital said it had received more than 100 dead and wounded after the shooting, while the death toll was expected to rise, the Associated Press reported.
El Salvador approves indefinite presidential reelection
Parliamentarians in El Salvador have passed constitutional reforms that critics fear will allow President Nayib Bukele to tighten his grip.
El Salvador's parliamentarians on Thursday approved changes to the constitution under which the presidential term has been extended to six years and the limit to presidential reelection has been removed.
These amendments to the constitution will allow incumbent President Nayib Bukele — who enjoys overwhelming majority support in parliament — to run indefinitely.
The review of the constitutional changes was carried out quickly in the Legislative Assembly. It was passed by Bukele's 57 supporters, and only three opposition members voted against it.
Syria forms panel to probe civilian attacks in Sweida violence
Syria's new authorities have established a committee to investigate attacks on civilians during recent sectarian clashes in the southern Druze-majority province of Sweida. The week-long clashes last month killed more than 1,400 people, according to the UK-based Syrian Observatory for Human Rights, and risked destabilising the country's fragile postwar transition.
Syria's new authorities have set up a committee tasked with investigating attacks on civilians during recent sectarian violence in the country's south, officials said Thursday.
The fighting in Sweida province earlier in July killed hundreds of people, displaced tens of thousands, and threatened to unravel Syria’s fragile postwar transition.
It was sparked by tit-for-tat kidnappings between armed Bedouin clans, mostly Sunni, and fighters with the Druze religious minority, an offshoot of Shiite Islam. Syrian government forces intervened to end the fighting, but effectively sided with the clans.
Technical intern trainee tells of low pay at wage council meeting
By SATORU EGUCHI/ Staff Writer
August 1, 2025 at 17:26 JST
A Myanmar woman working in a technical intern training program in Japan called for a “significant increase in the minimum wage” at a Regional Minimum Wages Council meeting held in Fukuoka on July 31.
According to the labor ministry, this was the first time that a technical intern trainee has testified at a Minimum Wages Council meeting.
The woman highlighted the wage disparity between foreign technical trainees and Japanese nationals performing the same work.
Infantino says ‘important step’ taken for Afghan women’s football
A group of Afghan refugee players participated in the first of three global talent identification camps in Sydney last month as part of efforts to build a 23-player women’s squad for friendly internationals this year, world football body FIFA has revealed.
Many players from the women’s national team fled the country over fears of persecution after the Taliban took control of the government in 2021, and they have been fighting for their right to play internationally again after being excluded from World Cup qualifying events.
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