Trade War Escalation

Drones Strike Moscow: Explosions Heard, Reactions Range From Subversive to Comical

Reports indicate a significant drone attack on Moscow and surrounding areas, with Russian authorities claiming that 30 drones were targeting the capital. Explosions were reported across Moscow Oblast, including within Moscow itself, with eyewitness photos showing smoke in the village of Kommunarka. Operations were temporarily suspended at Domodedovo and Zhukovsky airports due to the attack. Subsequently, operations at both airports have resumed.

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Ukraine Hit: Russia Strikes Government Building, Raising Stakes

Early Sunday, Russia launched its largest aerial barrage of the war, targeting Kyiv and killing at least two people. The attacks included drone strikes that damaged high-rise buildings and a direct hit on the Ukrainian cabinet of ministers, setting the roof ablaze. The strikes came after several European countries pledged to deploy reassurance forces, a move that Moscow has rejected. This escalation follows three and a half years of conflict, during which tens of thousands have been killed and a large portion of Ukrainian territory remains under Russian control.

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China’s 125% Retaliatory Tariffs: US Trade War Escalates

China’s recent escalation of tariffs on US goods to 125% represents a significant intensification of the ongoing trade war. This dramatic increase isn’t just a number; it’s a clear signal of China’s unwillingness to back down in the face of US tariffs. The sheer magnitude of the increase, potentially reaching 1000% according to some predictions, suggests a profound shift in the dynamics of the conflict. It raises serious questions about the long-term sustainability of trade relations between the two economic giants.

This escalation dramatically alters the economic landscape. With tariffs at this level, the viability of exporting many US goods to China becomes virtually nonexistent.… Continue reading