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Trade Warsin Financial Markets
5 hours ago

Trade tensions rise as Trump and Xi prepare to discuss mineral disputes, while experts downplay tariff impacts on US-EU talks, but steel tariff hikes threaten Trump's pledge to cut grocery costs.

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Hegseth says Chinese military action against Taiwan ‘could be imminent’

Financial TimesSaturday, May 31, 2025 at 2:18:19 AM
Hegseth says Chinese military action against Taiwan ‘could be imminent’
The US defense secretary is sounding the alarm in Singapore, suggesting that China might be gearing up for military action against Taiwan soon. He framed Beijing's recent moves in Asia as a "wake-up call" for America's allies, hinting at rising tensions that could spill over into conflict.
Editor’s Note: This isn’t just another geopolitical headline—it’s a stark warning from a top US official that the situation around Taiwan could escalate fast. With China flexing its military muscle and the US urging allies to pay attention, this could reshape security dynamics in Asia and beyond. If tensions boil over, the ripple effects would be felt globally, from trade disruptions to potential military confrontations.
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