International

U.S. Revises Japan Tariff Calculation After Error

By BPN News Desk
Japan revealed that the United States made a clerical error in calculating the “reciprocal” tariff rate. As a result, the effective rate on Japanese goods entering the U.S. will be lower than initially announced. What Went Wrong Japan’s chief trade negotiator, Ryosei Akazawa, explained that the original figure overlooked an agreed-upon tariff ceiling for Japan. […]
International

China Warns Philippines Over Taiwan Comments

By BPN News Desk
China has strongly criticized the Philippines after President Ferdinand Marcos Jr. said his country could be drawn into a conflict between the U.S. and China over Taiwan due to its closeness and a large Filipino community there. Beijing accused Manila of “playing with fire” and urged the Philippines to respect the one-China principle and avoid […]
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International

Israel Approves Plan to Control Gaza City

By BPN News Desk
Israel Moves to Control Gaza City Israel’s security cabinet has approved a plan to take military control of Gaza City. This means troops will move into the area and oversee operations there, while also providing help to civilians outside combat zones. Understanding the Plan The plan focuses specifically on Gaza City, the largest urban area […]
International

Spain Drops F-35, Turns to Eurofighter and FCAS

By BPN News Desk
Spain has decided not to buy U.S.-made F-35 fighter jets. Instead, its government will focus on European options. This means Spain will consider aircraft like the Eurofighter Typhoon and the Franco-German-Spanish Future Combat Air System (FCAS). Why the Shift to European Jets Originally, Spain had allocated around €6.25 billion in its 2023 budget to purchase […]

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