U.S. Defense Secretary Pete Hegseth called Japan an “indispensable partner” in deterring Chinese aggression, upgrading the U.S. military command in Japan to a new “war-fighting headquarters” in response to growing regional tensions. Both countries agreed to accelerate joint missile development and production, enhance defense capabilities on Southwestern islands, and strengthen deterrence against China, particularly across the Taiwan Strait. Hegseth also emphasized the need for sustained deterrence in the Indo-Pacific region and praised the strong U.S.-Japan alliance during a joint memorial for the Battle of Iwo Jima, following his visit to the Philippines to strengthen ties with the country amidst maritime disputes with Beijing.
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Trump tariffs latest: UK economy to suffer even if new US trade deal struck, grim new forecast warns
Analysts warn that Donald Trump's trade tariffs will still impact the UK economy, even if a deal is secured with Washington. Goldman Sachs downgraded their economic forecasts, predicting a 0.8% growth for the UK in 2021 and 1.2% in 2026 due to negative spillovers from EU trade tariffs. The Trump administration's upcoming tariffs are expected to average 15%, affecting global markets significantly. Full Article
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