News from April 9, 2025 at 2 PM

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Week 15, 2025 News Review

Trump Imposes Sweeping Tariffs

US President Donald Trump's latest round of sweeping tariffs took effect shortly after midnight on Wednesday, impacting major trading partners including China and the European Union. The measures aim to restore America's manufacturing base but will affect over $2 trillion in imports, pushing the US effective tariff rate to its highest in over a century. Consumer goods in the US could see significant price hikes, with clothing estimated to rise by 33%. While the White House has hinted at possible trade talks, Trump remains resistant to exemptions. China has vowed not to back down, warning of firm responses to 'bullying' tactics. US businesses with ties to China face uncertainty, with some halting shipments. Economists predict the tariffs could cost the US 600,000 jobs and reduce household purchasing power.

BBC
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Nightclub Roof Collapse Kills 113 in Dominican Republic

A roof collapse at a nightclub in Santo Domingo, the capital of the Dominican Republic, early Tuesday morning resulted in at least 113 deaths and over 150 injuries. Notable victims include former Major League Baseball pitcher Octavio Dotel and Monte Cristi province governor Nelsy Cruz. The incident occurred during a concert by popular merengue singer Rubby Pérez, who also died in the collapse. Hundreds of people were inside the venue, and approximately 400 rescuers are still searching for survivors. Emergency Operations Centre director Juan Manuel Méndez expressed hope that some buried under the debris might still be alive. The Jet Set nightclub is a well-known establishment that frequently hosts music events attended by political and sports figures.

BBC

South Korea to Hold Presidential Election on June 3

South Korean Acting President Hwang Kyo-ahn announced that the presidential election will be held on June 3, following the impeachment and removal of former President Yoon Suk-yeol. On April 8, Hwang presided over a cabinet meeting to finalize the election date. Candidates must register by May 11, with campaigns officially starting on May 12. Lee Jae-myung, leader of the main opposition Democratic Party, leads in polls and plans to announce his candidacy on May 10. Several members of the ruling People Power Party have also expressed interest, with former Labor Minister Kim Moon-soo leading in support within the party. The latest Gallup poll shows Lee Jae-myung with 55% support, significantly ahead of Kim Moon-soo's 35%, with independent voters potentially being a key variable in the election outcome.

Zaobao
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Week 15, 2025 News Review