China has cautioned the US against reimposing tariffs, warning of retaliation against nations aligning with Washington to exclude Beijing from global supply chains. The warning, published in the People's Daily, criticizes the US tariff strategy as "bullying."
Related news
Tensions escalate as China's ambassador to India, Xu Feihong, dismisses the Dalai Lama's declaration regarding his reincarnation and criticizes Union minister Kiren Rijiju's support. Xu asserts that China opposes external interference in the reincarnation process, deeming it an internal affair. He emphasizes that the Chinese government holds the authority over religious status and titles.
Commerce minister Piyush Goyal anticipates record exports, driven by FTAs, despite global uncertainties. Investment is flowing into key sectors, with a focus on value-added and labor-intensive exports. The government is reviewing FTAs with Asean and Japan, while remaining cautious on trade relations with China, aiming for fair and balanced trade.
Gross Goods and Services Tax collections hit a record high of Rupees 22.08 lakh crore in fiscal year 2024-25. This is double Rs 11.37 lakh crore collected in fiscal year 2021.
Vaibhav Suryavanshi, a 14-year-old, made the fastest century in Youth ODIs. He scored a 52-ball century against England U19. Earlier, he became the youngest T20 centurion in IPL 2025. Suryavanshi now aims to score a double-century in his next match. He was inspired by Shubman Gill's innings at Edgbaston. He wants to bat longer for his team's benefit.
Chirag Paswan, Lok Janshakti Party (Ram Vilas) chief and Union Minister, declared his candidacy for the upcoming Bihar assembly elections, vowing to champion the state's future. He pledged to fulfill his father's vision of 'Bihar first, Bihari first' and advocated for a domicile policy in government jobs to benefit the state's youth, a stance differing from other NDA members.
House Republicans passed the 'ONE BIG BEAUTIFUL BILL,' securing President Trump's signature on July 4. The legislation makes permanent $4.5 trillion in tax cuts, introduces new tax breaks, and enacts $1.2 trillion in spending cuts targeting Medicaid and food stamps. It also allocates $350 billion for border security and raises the national debt ceiling by $5 trillion.
Shiv Sena MLA Sanjay Gaikwad is under scrutiny after allegedly assaulting canteen staff at the Akashwani MLA hostel in Colaba due to being served substandard food. Gaikwad claimed the dal and rice were rotten, leading to his violent outburst, captured in a viral video. This incident adds to Gaikwad's history of controversial behavior and inflammatory remarks.
The US Senate has approved President Trump's $4.5 trillion spending bill, extending tax cuts, increasing military spending, and funding border security. The legislation, expected to add $3.3 trillion to the national debt, now heads to the House amid Republican concerns. The bill faces opposition over healthcare cuts and spending levels, potentially impacting millions and sparking internal party divisions.
Despite opposition concerns about potential voter disenfranchisement, the Election Commission (EC) is proceeding with Bihar's special intensive revision (SIR) of the electoral roll. CEC Gyanesh Kumar emphasized the exercise's transparency and adherence to constitutional and legal frameworks, aiming to include all eligible citizens.
Prime Minister Narendra Modi embarked on a five-nation tour from July 2-9, visiting Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia. The trip aims to strengthen India's ties with the Global South, focusing on enhanced cooperation in various sectors like investment, energy, and technology. Modi will engage with leaders and address parliaments, reaffirming India's commitment to multilateral platforms and partnerships.