Reuters World News China exemptions, India-Pakistan, DOGE and "Vladimir, STOP!"
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Apr 25, 2025 China has eased trade tensions by exempting some U.S. imports from steep tariffs. Meanwhile, President Trump urges peace in Ukraine, calling on Putin to 'STOP' hostilities. Tensions flare between India and Pakistan following a deadly attack in Kashmir, intensifying nationalistic responses. Corporations are grappling with the uncertainty stemming from trade policies. And amidst all the chaos in the crypto world, the 100-day anniversary of DOGE reveals inefficiencies and unexpected outcomes.
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China Softens Tariff Stance
- China granted exemptions on some U.S. imports to avoid economic damage from trade tariffs.
- This softening signals China's concern over the fallout of the ongoing trade war with Washington.
Trump Sees Ukraine Peace Progress
- Trump says peace negotiations with Russia have made significant progress with Kremlin concessions.
- He publicly urged Vladimir Putin to stop the attacks on Ukraine with a social media message.
India-Pakistan Tensions Rise
- The deadly attack on Indian tourists has severely escalated tensions with Pakistan.
- Both countries are prepared for escalation, but the world is calling for restraint.