Trump Imposes 25% Tariff on Indian Imports; Magnitude 8.7 Earthquake Triggers Tsunami in Kamchatka
Key Takeaways
- Trump imposed 25% tariff on Indian goods, citing trade imbalances and Russian oil purchases.
- 8.7 magnitude earthquake off Kamchatka caused 5-6m tsunami; US issued Pacific warnings.
- Singapore plans $78B artificial island to combat sea level rise and water scarcity.
- Iveco to split: defense to Leonardo (€1.7B), civilian to Tata Motors (€3.8B).
- Gaza faces severe famine affecting 500,000+ amid aid blockades and conflict.
Top Stories
Trump announces 25% tariff on Indian imports amid trade and geopolitical tensions
On July 30-31, 2025, President Trump imposed a 25% tariff on Indian goods citing trade imbalances and India's Russian oil purchases, impacting US drug costs and key Indian exports. The move strains ongoing trade negotiations and reflects broader geopolitical concerns.
Magnitude 8.7 earthquake triggers 5-6m tsunami in Kamchatka; US issues Pacific warnings
On July 30, 2025, a magnitude 8.7 earthquake off Kamchatka Peninsula caused 5-6 meter tsunamis damaging coastal buildings; US issued tsunami warnings for Hawaii and Pacific coasts with evacuations ordered.
Singapore plans $78B artificial island to address sea level rise and water scarcity
Singapore announced plans in 2025 to build a 13-km artificial island named Long Island, costing $78 billion, to combat rising sea levels and create freshwater reservoirs, housing up to 60,000 units.
Iveco to split business; defense sold to Leonardo, civilian to Tata Motors
On July 30, 2025, Iveco announced splitting its business, selling its €1.7 billion defense division to Leonardo and €3.8 billion civilian branch to Tata Motors, ending Iveco as a corporate entity.
Severe Gaza famine worsens amid aid blockades and international recognition debates
In late July 2025, Gaza faces a severe famine with over 500,000 people enduring starvation due to near-total Israeli aid blockades and conflict-related disruptions. International responses include UK and Canada considering Palestine recognition and US envoy visits amid stalled ceasefire talks.
Business Today
Fed holds rates at 4.25%-4.5% with dissent; markets watch for September cuts
On July 30, 2025, the Federal Reserve maintained interest rates at 4.25%-4.5%, with two dissenting governors favoring cuts, while markets anticipate possible September reductions. Gold prices showed modest gains amid trade uncertainties linked to Trump's tariffs.
Global Watch
New Zealand tightens voter enrollment and bans prisoner voting amid turnout concerns
In July 2025, New Zealand passed laws restricting voter enrollment deadlines and banning prisoner voting, sparking criticism over potential suppression of youth and minority voter turnout.
Politics & Diplomacy
Trump's political moves, congressional actions, and international diplomacy updates
In late July 2025, Trump criticized Senator Hawley, announced tariffs, and considered hosting the 2026 G20 summit; meanwhile, the US Senate blocked resolutions to halt arms sales to Israel amid Gaza crisis. Congressional bills on military aid to Ukraine and cryptocurrency regulation advanced.
Top Headlines
Deutschlandfunk provides continuous updates on German and global news
Deutschlandfunk newsroom delivers around-the-clock news updates covering key events in Germany and worldwide as of late July 2025.
World Affairs
Global news highlights: AI antivenom, climate warnings, legal rulings, and violence
In late July 2025, CNN and Reuters reported on AI-designed antivenom, climate tipping points, legal convictions in Colombia, and a deadly Manhattan shooting, reflecting diverse global developments.