NewsFeed

June 22, 2025

Yeo Han-koo Warns Over Chipmaker Restrictions in US Meeting

South Korean Trade Minister Yeo Han-koo plans to raise concerns about potential US restrictions on chipmakers in China during his meeting with US officials in Washington this week. He will also discuss trade issues, including the request for South Korea to loosen rules on imports of US beef, and may not stick to the July 8 deadline for a trade deal as political and economic uncertainties persist.

https://www.malaymail.com/news/money/2025/06/22/south-korea-to-raise-concerns-to-us-over-potential-curbs-on-chipmakers-china-operations/181277

June 22, 2025

China Offers Aid for Middle East Peace Efforts

China is prepared to collaborate with global partners to address common challenges and promote peace in the Middle East, following a recent meeting between Chinese President Xi Jinping and UN Secretary-General António Guterres. The initiative aims to foster international cooperation on counter-terrorism efforts and support diplomatic solutions to regional conflicts, as China seeks to strengthen its role in promoting stability in the region.

https://www.globaltimes.cn/page/202506/1336698.shtml

June 22, 2025

Iran Condemns US Nuclear Site Bombings in Tehran

Iranian Foreign Minister Abbas Araghchi has threatened to retaliate against the US after President Trump bombed three of the country's nuclear sites in Iran. The strikes, which targeted peaceful nuclear installations, have been condemned by Araghchi as a "grave violation" of international law and the UN Charter. He warned that the actions will have "everlasting consequences" and called on all UN members to be alarmed by this behavior.

https://nypost.com/2025/06/22/world-news/irans-foreign-minister-warns-us-strikes-will-have-everlasting-consequences/

June 22, 2025

Pakistan Condemns Trump's Iran Nuclear Facility Bombing

Pakistan has condemned US President Donald Trump's bombing of Iranian nuclear facilities, calling it a violation of international law. The country's Prime Minister Sharif telephoned Iranian President Pezeshkian to express Pakistan's condemnation and urged diplomacy as the only way to resolve the crisis.

https://www.khaleejtimes.com/world/asia/pakistan-condemns-trumps-bombing-iran-peace-prize-nomination?utm_source=most-popular-world

June 22, 2025

Malaysia Seeks US Trade Deal Before Tariff Deadline

Malaysia's Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reported progress in discussions with US Trade Representative Jamieson Greer and Secretary of Commerce Howard Lutnick on tariff-related negotiations. The talks aim to finalize an agreement before the 90-day pause on tariff implementation expires. Malaysia's exports to the US, particularly in sectors like electrical and electronics, semiconductors, and medical devices, have seen consecutive months of double-digit growth since May 2025. The minister expects the negotiations to secure supply chains, benefit local businesses, especially SMEs, and create high-paying jobs for Malaysians, ultimately strengthening Malaysia's position as a preferred investment destination in the region.

https://www.malaymail.com/news/money/2025/06/22/tengku-zafrul-malaysia-us-aim-to-seal-tariff-deal-before-90-day-clock-runs-out/181269

June 22, 2025

South Korea's Shipbuilding Industry Faces US Tariffs Threat

South Korea's economy, the fourth-largest in Asia, is under pressure from US President Donald Trump's tariffs, but its shipbuilding industry may be a key bargaining chip. The country has already faced sector levies on steel and car exports, and now faces a 25% tariff that was suspended until July 8. South Korea's military leader, President Park Chung-hee, accelerated the country's heavy industry in the 1970s with state subsidies for strategically important sectors like steel and shipbuilding.

https://www.japantimes.co.jp/business/2025/06/22/economy/south-korea-shipbuilding-trump-tariffs/

June 22, 2025

Trump Tariffs Slam South Korea's Economy

South Korea's economy contracted in the first quarter due to US President Donald Trump's tariffs and domestic unrest following former President Yoon Suk Yeol's martial law decree. The country is currently facing a 10% blanket tariff and a 25% country-specific duty, which has been temporarily paused for 90 days as part of an initial trade deal with the US.

https://www.thenews.com.pk/print/1323578-south-korea-s-chief-trade-negotiator-to-visit-us

June 22, 2025

Iran Condemns US-Israeli Strikes on Nuclear Sites

Iranian Foreign Minister Abbas Araghchi condemned US and Israeli strikes on his country's nuclear sites, calling them a "direct assault" on the territorial integrity and sovereignty of a UN member state. He blamed the US for violating fundamental principles of the UN Charter and international law, and accused Washington of sabotaging diplomatic efforts and undermining Iran's right to a peaceful nuclear program. Araghchi vowed that Tehran would respond at a time and place of its choosing, and warned that the US is fully responsible for the consequences of this "hostile and illegal behavior".

https://www.hurriyetdailynews.com/iran-fm-in-istanbul-slams-us-strikes-as-blow-up-diplomacy-210605

June 22, 2025

Iran's Axis of Resistance Endures Despite Israeli Strikes

Iran's Axis of Resistance network has seen significant damage from Israel's war in Gaza, but it still possesses formidable capabilities, including drone and missile technology that could target the US and its allies. Iran may seek to respond through attacks further afield, like the 1990s attack on an Argentine Jewish community center blamed on Tehran and Hezbollah. The US strikes on Iran's nuclear sites are unlikely to delay its ability to develop a weapon, as the program has been dispersed across multiple sites, including hardened underground facilities. Iran could abandon cooperation with the International Atomic Energy Agency and the Nuclear Nonproliferation Treaty, like North Korea did in 2003 after testing a nuclear weapon.

https://www.koat.com/article/iran-retaliation-us-israel-war/65146705