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The World in Brief from The Economist
Trump threatens 100% chips levy; heaps tariffs on India, and more
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Donald Trump threatened to impose a 100% tariff on semiconductor imports, but said companies that invested in America could be exempt. Also, Earlier Mr Trump announced an additional 25% tariff on goods from India in response to the country’s continued imports of Russian oil.
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American submarine sinks Iranian warship; NATO shoots down missile, and more
11:40|America’s secretary of war, Pete Hegseth, said that a US Navy submarine sank an Iranian warship in the Indian Ocean; Turkey’s defence ministry said that NATO air-defence systems in the Mediterranean shot down an Iranian “ballistic munition” that was headed towards its air space.Israel escalates strikes on Iran; Trump offers naval escorts for tankers, and more
09:43|Israel said it would “intensify” strikes on Iranian infrastructure and military targets. Also, Donald Trump said America would “immediately” provide insurance for shipping lines travelling through the Strait of Hormuz.20260304. Trump offers naval escorts for tankers in Gulf; drones target US consulate in Dubai, and more
03:45||Ep. 20260304Donald Trump said America would “immediately” provide insurance for shipping lines travelling through the Strait of Hormuz, and that the navy would escort oil tankers if necessary.America warns of more strikes on Saudi Arabia; Trump threatens to cut off trade with Spain, and more
09:18|Donald Trump said America would “immediately” provide insurance for shipping lines travelling through the Strait of Hormuz, and that the navy would escort oil tankers if necessary; A drone strike caused a “limited” fire near the American consulate in Dubai.Israeli troops enter Lebanon; Iranian drones strike America’s embassy in Riyadh, and more
12:32|Israel’s armed forces said troops were “operating in southern Lebanon” as its offensive against Hizbullah intensifies. Also, Donald Trump vowed retribution for an Iranian drone attack on the American embassy in Riyadh20260303. Trump says Iran attack was “our last best chance to strike”; Iran says Strait of Hormuz closed, and more
04:06||Ep. 20260303Donald Trump described America’s attack on Iran as “our last best chance to strike”.Trump says Iran attack was “our last best chance to strike”; oil prices surge, and more
12:27|Donald Trump described America’s attack on Iran as “our last best chance to strike"; Gas prices in Europe soared by 50% after QatarEnergy LNG halted production following Iranian drone attacks on its facilities.Middle East conflict spreads; oil prices jump, and more
10:31|Conflict spread in the Middle East as Israel carried out strikes on Lebanon after Hizbullah launched missiles at Israel. Also, oil prices surged and stockmarkets fell as the war in Iran entered its third day.20260302. Oil prices jump; Israel strikes Lebanon, and more
02:53||Ep. 20260302Oil prices surged dramatically when markets opened in Asia as traders reacted to the war in Iran that began over the weekend.