U.S. Defense Secretary Pete Hegseth has asked some parts of the military to propose what could be cut as part of a potential 8% spending reduction for them over each of the next five years, U.S. officials said on Wednesday, although it was unclear if the total defense budget would shrink.

China said US unilateralism threatened to upend the rules-based multilateral trading system. Read more at straitstimes.com.

Trump has imposed broad 10% tariffs on all Chinese imports, leading Beijing to retaliate with retaliatory tariffs and filing a WTO case against Washington, in what might be an early test of Trump’s ap