Panama has officially withdrawn from China's Belt and Road Initiative, saying that it will not renew the 2017 Memorandum of Understanding (MoU) to join China’s overseas development initiative. Watch this report for more details!

Panama ends Belt and Road Deal with China amid US pressure

U.S. President Donald Trump has threatened to take control of the Panama canal, repeatedly accusing China of having control over it. Now panama, acting under pressure, has pledged to terminate a key deal with China. What is China's interest in Panama? Why has the U.S. President singled out China in his threats about Panama?

China's secret Panama project that has frightened U.S.

After imposing sweeping tariffs on China, Canada, and Mexico, Donald Trump is all set to write another chapter of his tariff story, this time with the European Union as the target. The US President has once again threatened to extend trade tariffs, reiterating that the European Union, and possibly the UK, will be subjected to new tariffs.
<h2>Trump confirms tariffs on the EU</h2>
Speaking on Sunday night, Trump insisted that tariffs on the EU would "definitely happen," repeating his concern over the significant US trade deficit with the bloc and his push for Europe to increase imports of American cars and agricultural products. "It will definitely happen with the European Union, I can tell you that. I wouldn&rsquo;t say there&rsquo;s a timeline but it&rsquo;s going to be pretty soon," he told reporters.
Also read: <a href="https://www.wionews.com/world/president-donald-trump-agrees-usaid-needs-to-be-shut-down-elon-musk-8686790">President Donald Trump agrees USAID needs to be &lsquo;shut down&rsquo;: Elon Musk</a>
Trump appeared more lenient towards the UK, citing a positive relationship with Prime Minister Keir Starmer, though he did not rule out potential tariffs.
"The UK is out of line but I&rsquo;m sure that one, I think that one can be worked out. Well, Prime Minister Starmer&rsquo;s been very nice, we&rsquo;ve had a couple of meetings, we&rsquo;ve had numerous phone calls, we&rsquo;re getting along very well. We&rsquo;ll see whether or not we can balance out our budget," he said. 
<h2>EU vows strong response</h2>
Ahead of Trump&rsquo;s latest comments, a spokesperson for the European Commission stated on Sunday that the EU would "respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods."
<a href="https://www.wionews.com/india-news/jaishankar-rebukes-rahul-gandhi-over-trump-inauguration-invite-allegation-common-knowledge-pm-does-not-attend-such-events-8686736" rel="dofollow noopener" target="_blank">Also read: Jaishankar rebukes Rahul Gandhi over Trump inauguration invite allegation; 'common knowledge PM doesn't attend such events'</a>
The commission also reacted to Trump&rsquo;s decision to impose tariffs on Canada, Mexico, and China, stating: "Tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides."
<h2>How China, Canada and Mexico responded to tariffs</h2>
The announcement comes as Trump&rsquo;s tariffs on Mexico, Canada, and China, revealed on Saturday, prompted swift retaliation from all three nations. Both Mexico and Canada have pledged retaliation, while China and Canada are also pursuing legal action.
Trump acknowledged that his sweeping tariffs on these countries might cause "short-term" economic difficulties for Americans, as global markets reacted with concern over potential economic slowdown and rising inflation.
"We may have short-term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world," he said.
<a href="https://www.wionews.com/world/trump-to-cut-south-africa-funds-over-treating-certain-classes-of-people-very-badly-8685273" rel="dofollow noopener" target="_blank">Also read: Trump to cut South Africa funds over treating 'certain classes of people very badly'</a>
<h2>Canada&rsquo;s retaliatory measures</h2>
In response to Trump's tariffs, Canada&rsquo;s finance department released a list of US imports that will be subjected to a 25% retaliatory tariff from Tuesday. The initial round targets goods worth CAD 30 billion (approximately USD 20 billion), including tobacco, produce, household appliances, firearms, and military equipment.
Canada is also preparing a broader set of tariffs in 21 days, which will impact passenger vehicles, trucks, steel and aluminum products, various fruits and vegetables, beef, pork, and dairy products.
<h2>Mexico&rsquo;s response</h2>
Mexico&rsquo;s president, Claudia Sheinbaum, confirmed that her government would provide further details on its own retaliatory measures on Monday. In a statement on Sunday, Sheinbaum emphasised her preference for negotiation over confrontation.
"Problems are not addressed by imposing tariffs, but with talks and dialogue," she said. "Sovereignty is not negotiable: coordination yes, subordination no."
Also read: <a href="https://www.wionews.com/business-economy/trump-tariffs-hit-crypto-rally-digital-tokens-tank-up-to-28-8686096">Trump tariffs hit crypto rally: digital tokens tank up to 28%</a>
Sheinbaum and Canada&rsquo;s Prime Minister, Justin Trudeau, discussed the issue by phone on Saturday following the US decision to impose tariffs&mdash;25% on goods from Canada and Mexico, with a reduced rate of 10% for Canadian oil, and 10% on imports from China.
<h2>Canada and Mexico strengthen ties</h2>
Trudeau&rsquo;s office later confirmed that Canada and Mexico had agreed "to enhance the strong bilateral relations" between their nations.
"Now is the time to choose products made right here in Canada," Trudeau wrote on X on Sunday. "Check the labels. Let&rsquo;s do our part. Wherever we can, choose Canada."
Despite Trump&rsquo;s warning of potential escalations if retaliatory tariffs were introduced, both Canada and Mexico proceeded with their retaliatory tariffs.
China also announced it would challenge the tariffs through legal means. The US-imposed tariffs "seriously violate" World Trade Organisation rules, according to China&rsquo;s commerce ministry, which urged the US to "engage in frank dialogue and strengthen cooperation."
<h2>Public backlash grows</h2>
Beyond official government responses, people have already begun discussing how to adapt to Trump&rsquo;s decision, with social media users sharing suggestions for alternatives to US products.
Public sentiment was evident in Canada over the weekend, as hockey fans booed the US national anthem on Saturday during two National Hockey League games. The protests continued on Sunday at an NBA game in Toronto, where the Raptors faced the Los Angeles Clippers.
(With inputs from agencies)

World: Both Mexico and Canada have pledged retaliation against Donald Trump's tariffs, while China and Canada are also pursuing legal action.

After imposing sweeping tariffs on China, Canada, and Mexico, Donald Trump is all set to write another chapter of his tariff story, this time with the European Union as the target. The US President has once again threatened to extend trade tariffs, reiterating that the European Union, and possibly the UK, will be subjected to new tariffs. Trump confirms tariffs on the EU Speaking on Sunday night, Trump insisted that tariffs on the EU would "definitely happen," repeating his concern over the significant US trade deficit with the bloc and his push for Europe to increase imports of American cars and agricultural products. "It will definitely happen with the European Union, I can tell you that. I wouldn’t say there’s a timeline but it’s going to be pretty soon," he told reporters. Also read: President Donald Trump agrees USAID needs to be ‘shut down’: Elon Musk Trump appeared more lenient towards the UK, citing a positive relationship with Prime Minister Keir Starmer, though he did not rule out potential tariffs. "The UK is out of line but I’m sure that one, I think that one can be worked out. Well, Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well. We’ll see whether or not we can balance out our budget," he said. EU vows strong response Ahead of Trump’s latest comments, a spokesperson for the European Commission stated on Sunday that the EU would "respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods." Also read: Jaishankar rebukes Rahul Gandhi over Trump inauguration invite allegation; 'common knowledge PM doesn't attend such events' The commission also reacted to Trump’s decision to impose tariffs on Canada, Mexico, and China, stating: "Tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides." How China, Canada and Mexico responded to tariffs The announcement comes as Trump’s tariffs on Mexico, Canada, and China, revealed on Saturday, prompted swift retaliation from all three nations. Both Mexico and Canada have pledged retaliation, while China and Canada are also pursuing legal action. Trump acknowledged that his sweeping tariffs on these countries might cause "short-term" economic difficulties for Americans, as global markets reacted with concern over potential economic slowdown and rising inflation. "We may have short-term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world," he said. Also read: Trump to cut South Africa funds over treating 'certain classes of people very badly' Canada’s retaliatory measures In response to Trump's tariffs, Canada’s finance department released a list of US imports that will be subjected to a 25% retaliatory tariff from Tuesday. The initial round targets goods worth CAD 30 billion (approximately USD 20 billion), including tobacco, produce, household appliances, firearms, and military equipment. Canada is also preparing a broader set of tariffs in 21 days, which will impact passenger vehicles, trucks, steel and aluminum products, various fruits and vegetables, beef, pork, and dairy products. Mexico’s response Mexico’s president, Claudia Sheinbaum, confirmed that her government would provide further details on its own retaliatory measures on Monday. In a statement on Sunday, Sheinbaum emphasised her preference for negotiation over confrontation. "Problems are not addressed by imposing tariffs, but with talks and dialogue," she said. "Sovereignty is not negotiable: coordination yes, subordination no." Also read: Trump tariffs hit crypto rally: digital tokens tank up to 28% Sheinbaum and Canada’s Prime Minister, Justin Trudeau, discussed the issue by phone on Saturday following the US decision to impose tariffs—25% on goods from Canada and Mexico, with a reduced rate of 10% for Canadian oil, and 10% on imports from China. Canada and Mexico strengthen ties Trudeau’s office later confirmed that Canada and Mexico had agreed "to enhance the strong bilateral relations" between their nations. "Now is the time to choose products made right here in Canada," Trudeau wrote on X on Sunday. "Check the labels. Let’s do our part. Wherever we can, choose Canada." Despite Trump’s warning of potential escalations if retaliatory tariffs were introduced, both Canada and Mexico proceeded with their retaliatory tariffs. China also announced it would challenge the tariffs through legal means. The US-imposed tariffs "seriously violate" World Trade Organisation rules, according to China’s commerce ministry, which urged the US to "engage in frank dialogue and strengthen cooperation." Public backlash grows Beyond official government responses, people have already begun discussing how to adapt to Trump’s decision, with social media users sharing suggestions for alternatives to US products. Public sentiment was evident in Canada over the weekend, as hockey fans booed the US national anthem on Saturday during two National Hockey League games. The protests continued on Sunday at an NBA game in Toronto, where the Raptors faced the Los Angeles Clippers. (With inputs from agencies)

Inside how Canada, Mexico, and China are firing back at Trump’s tariffs as he sets his sights on the EU

President Donald Trump has announced sweeping new tariffs, imposing a 25% duty on imports from Canada and Mexico, and an additional 10% tariff on Chinese goods. The justification? An emergency declaration under the 1977 International Emergency Economic Powers Act, or IEEPA, citing the threats of fentanyl trafficking and illegal immigration.

Legal experts warn of court battles over tariff legality

Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump. Watch this report for more details!

Canada and Mexico order retaliatory tariffs on US as Trump's tariffs spur trade war

President Donald Trump has vowed to impose sweeping tariffs on imports from Canada, Mexico, and China. There will be 25% tariffs on goods coming into the US from Canada and Mexico, and 10% on imports from China from this weekend. Watch this report for more details!

Donald Trump's tariffs on Mexico, Canada & China shake global trade

President Donald Trump has signed an order authorizing tariffs, following through on his promise to impose significant taxes on goods imported from Canada, Mexico, and China.

Trade war: China says 'firmly opposes' new US tariffs

Canada and Mexico are on edge as U.S. President Donald Trump is set to slap a 25% tariff on imports from both countries, the deadline being Saturday. Trump says he wants stronger action to stop illegal immigration and the flow of fentanyl into the U.S. Watch in for more details!

Canada, Mexico, China brace for Trump's tariffs

US President Donald Trump has reiterated that he plans to impose fresh tariffs on imports from Canada and Mexico, alongside China on February 1. Watch this report for more details!

World awaits Trump's tariff implementation

While China leads the celebrations, several other countries also join in the festivities of the Chinese New Year, embracing the traditions and cultural significance of the Spring Festival.

Chinese New Year 2025: Celebrating the spring festival beyond China

A new report warns that the UK’s military presence in Brunei, a strategically crucial country, is at ‘substantial risk’ due to China's growing influence.

UK's military base in Brunei at 'substantial risk' from China

The emergence of Chinese AI platforms like DeepSeek, and the widely used ChatGPT has sparked debates about information control and the potential for cognitive manipulation.

Are you being manipulated by artificial intelligence?

Kim Jong Un visits a North Korean nuclear facility and emphasizes the need for expansion, following Donald Trump's statement that he plans to "reach out" to North Korea once more.

Kim Jong Un inspects nuclear facility, advocates for expansion after Trump's promise to "reach out"

China's growing influence in Southeast Asia is posing a challenge to the UK's military presence in Brunei. As China strengthens its strategic foothold in the region, concerns over the stability of UK operations are increasing. This shift in regional power dynamics may force the UK to reassess its defense strategies in Asia.

China's rising influence threatens UK's military presence in Brunei

In the ancient town of Shipu in East China, it is buzzing with excitement as it celebrates the Spring Festival with its traditional fish lanterns. The town's streets have come alive with the soft glow of intricate fish lanterns, showcasing the timeless beauty of this intangible cultural heritage. Watch in for more details!

Fish lanterns illuminate the night sky of an ancient Chinese town

Chinese interest in Thailand as a vacation destination has taken a hit during the annual Lunar New Year holiday. Bookings have declined by 15.6 percent from January 13 to 20, compared to the previous week.

Thailand sees drop in Chinese tourists amid safety concerns

Preparations for the Chinese Lunar New Year are coming to a close as China and several communities prepare to celebrate the Year of the Snake.

China gears up for prosperous Year of the Snake

DeepSeek, a Chinese artificial intelligence (AI) startup, has been in the limelight, shaking the entire global tech industry as it offers comparable performance to the world's best AI chatbots.&nbsp;
Released on January 20, DeepSeek has quickly impressed AI geeks before getting the attention of the tech industry as well as the world.&nbsp;
DeepSeek has shaken the world as it claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy.&nbsp;
Also read: <a href="https://www.wionews.com/world/deepseek-donald-trump-wake-up-call-us-tech-industry-8661569" rel="dofollow">'If you could do it cheaper...': Trump calls DeepSeek a 'wake-up call' for US tech industry</a>
<h2>DeepSeek explained&nbsp;</h2>
The Chinese-made model DeepSeek was founded in 2023 by Liang Wenfeng, the chief of AI-driven quant hedge fund High-Flyer.&nbsp;
The company has been developing AI models that are open source, which means that the developer community at large can inspect and improve the software.&nbsp;
As soon as the model got the hype, its mobile app surged to the top of the iPhone download charts in the US. The app was downloaded 1.6 million times by Jan 25 and ranked no. 1 in iPhone app stores in Australia, Canada, China, Singapore, the US, and the UK, according to data from market tracker App Figures.
Also read: <a href="https://www.wionews.com/trending/china-deepseek-deepseek-or-deep-secrecy-netizens-slam-chinas-new-ai-chatbot-for-deflecting-questions-on-dark-chinese-history-lets-talk-about-something-else-8660727" rel="dofollow">DeepSeek or Deep Secrecy? Netizens slam China's new AI chatbot for deflecting questions on dark Chinese history</a>
The app is, however, different from other chatbots like OpenAI's ChatGPT as it articulates its reasoning before delivering a response to a prompt.&nbsp;
Moreover, the company is also offering licenses for individuals interested in developing chatbots using the technology to build on it, that too, at a price lower than what OpenAI charges for similar access.&nbsp;
Also read: <a href="https://www.wionews.com/world/chinese-ai-sensation-deepseek-dethrones-chatgpt-but-limits-users-amid-malicious-cyberattacks-8659469" rel="dofollow">Chinese AI sensation DeepSeek dethrones ChatGPT but limits users amid 'malicious' cyberattacks</a>
<h2>Other key models in Chinese AI industry</h2>
<h3>Alibaba Cloud&rsquo;s Qwen-2.5-1M</h3>
Alibaba Cloud&rsquo;s Qwen-2.5-1M is the e-commerce giant's open-source AI series, which contains large language models that can easily handle extremely long questions and engage in longer and deeper conversations.&nbsp;
Moreover, it is improving to understand complex tasks, including reasoning, dialogue, and comprehending code.&nbsp;
<h3>Baidu's Ernie Bot 4.0</h3>
China's dominant search engine Baidu developed Ernie Bot, which was the first AI chatbot made available to the public in China. Baidu said that the model was released publicly to collect massive real-world human feedback to build its capacity.&nbsp;
Also read: <a href="https://www.wionews.com/world/introducing-chatgpt-gov-openai-launches-tailored-version-for-us-government-amid-rise-in-ai-competition-8662379" rel="dofollow">Introducing ChatGPT Gov: OpenAI launches tailored version for US government amid rise in AI competition</a>
Just like OpenAI's ChatGPT, users of Ernie Bot can also ask questions and can generate images based on text prompts.&nbsp;
<h3>ByteDance's Doubao 1.5 Pro</h3>
It is an AI model released by TikTok's parent company ByteDance last week. It is currently one of the most popular AI chatbots in China, with 60 million monthly active users.&nbsp;
According to ByteDance, Doubao 1.5 Pro is better than ChatGPT-4o in retaining knowledge, coding, reasoning, and Chinese language processing.&nbsp;
(With inputs from agencies)
&nbsp;

World: DeepSeek claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy. 

DeepSeek, a Chinese artificial intelligence (AI) startup, has been in the limelight, shaking the entire global tech industry as it offers comparable performance to the world's best AI chatbots. Released on January 20, DeepSeek has quickly impressed AI geeks before getting the attention of the tech industry as well as the world. DeepSeek has shaken the world as it claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy. Also read: 'If you could do it cheaper...': Trump calls DeepSeek a 'wake-up call' for US tech industry DeepSeek explained The Chinese-made model DeepSeek was founded in 2023 by Liang Wenfeng, the chief of AI-driven quant hedge fund High-Flyer. The company has been developing AI models that are open source, which means that the developer community at large can inspect and improve the software. As soon as the model got the hype, its mobile app surged to the top of the iPhone download charts in the US. The app was downloaded 1.6 million times by Jan 25 and ranked no. 1 in iPhone app stores in Australia, Canada, China, Singapore, the US, and the UK, according to data from market tracker App Figures. Also read: DeepSeek or Deep Secrecy? Netizens slam China's new AI chatbot for deflecting questions on dark Chinese history The app is, however, different from other chatbots like OpenAI's ChatGPT as it articulates its reasoning before delivering a response to a prompt. Moreover, the company is also offering licenses for individuals interested in developing chatbots using the technology to build on it, that too, at a price lower than what OpenAI charges for similar access. Also read: Chinese AI sensation DeepSeek dethrones ChatGPT but limits users amid 'malicious' cyberattacks Other key models in Chinese AI industry Alibaba Cloud’s Qwen-2.5-1M Alibaba Cloud’s Qwen-2.5-1M is the e-commerce giant's open-source AI series, which contains large language models that can easily handle extremely long questions and engage in longer and deeper conversations. Moreover, it is improving to understand complex tasks, including reasoning, dialogue, and comprehending code. Baidu's Ernie Bot 4.0 China's dominant search engine Baidu developed Ernie Bot, which was the first AI chatbot made available to the public in China. Baidu said that the model was released publicly to collect massive real-world human feedback to build its capacity. Also read: Introducing ChatGPT Gov: OpenAI launches tailored version for US government amid rise in AI competition Just like OpenAI's ChatGPT, users of Ernie Bot can also ask questions and can generate images based on text prompts. ByteDance's Doubao 1.5 Pro It is an AI model released by TikTok's parent company ByteDance last week. It is currently one of the most popular AI chatbots in China, with 60 million monthly active users. According to ByteDance, Doubao 1.5 Pro is better than ChatGPT-4o in retaining knowledge, coding, reasoning, and Chinese language processing. (With inputs from agencies)

What is China's DeepSeek, a startup shaking the global tech. A look at other players in Chinese AI industry

China’s experimental artificial sun has made a breakthrough, burning for 1,000 seconds and reaching an astonishing 100 million degrees Celsius. This milestone marks a significant advancement in nuclear fusion research, paving the way for future energy innovations.

China's artificial sun achieves 1,000-second burn, reaches 100 million degrees Celsius

China’s DeepSeek has unveiled an AI model as advanced as Silicon Valley’s models but at a fraction of the cost. This has impacted global markets, raised concerns about AI regulation, and security risks, and led to geopolitical consequences.

Will China's AI destroy American tech? | DeepSeek vs ChatGPT

China begins vibrant celebrations for the Lunar New Year, marking the start of a festive season filled with traditions, parades, and family reunions. This year, the country embraces cultural events and joyful festivities to welcome the new year.

Celebrations kick off in China for Lunar New Year

From New York to London and Tokyo, tech stocks took a beating on Monday, with the sell-off wiping out about one trillion dollars in market value. The route was driven by DeepSeek, a Chinese startup whose AI platform appears to look as good as anything on the market at a fraction of the price and a sliver of the energy consumption.

Tech stocks plunge as Chinese AI model DeepSeek shakes market

Low-cost Chinese AI model DeepSeek challenges tech giants

DeepSeek sparks global AI stock selloff

DeepSeek sparks $1 trillion tech sell-off

The Chairman and Chief Executive Officer of China Vanke Co. will leave abruptly after the troubled developer announced a record 45 billion yuan or 6.2 billion dollar loss for 2024. In a statement, China Vanke said that Chairman Yu Liang had asked to leave for "work adjustment reasons."

China Vanke expects $6.2 bn full-year loss in 2024

India and China held two-day foreign secretary-level talks, during which it was decided that the Kailash-Mansarovar yatra would resume in the summer. There was also an in-principle agreement for resuming direct flights between the two nations. Watch this report for more details!

India, China decide to resume Kailash Mansarovar Yatra, direct flights

India, China agree to resume Kailash Mansarovar Yatra, direct flights

China's property market crisis is showing no signs of easing. China Vanke's sales slide in August raises concerns over the developer's capacity to repay loans. The developer announced on Friday that contracted sales fell 24 percent year-over-year to 17.24 billion yuan ($2.4 billion).

China Vanke's Sales Slump 24% In August, Transactions Shrink 10%

Chinese AI startup Deepseek has surpassed ChatGPT in the US market, making waves with its advanced technology. The shift highlights growing competition in the artificial intelligence space as new players challenge established giants.

China’s DeepSeek Takes AI World By Storm

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