Kerala origin couple, twin children found dead with gunshot wounds at their $2 million US home

Washington: In a move that stunned markets and political observers alike, US President Donald Trump on Wednesday announced a 90-day pause on his sweeping tariff regime—granting relief to all countries except China. Just a day earlier, such a reversal had seemed unimaginable.

Trump said the pause was prompted by the cooperative stance of over 75 nations, which had refrained from retaliating against his earlier tariffs. These countries, he claimed, chose negotiation over confrontation. During the pause, a reduced reciprocal tariff of 10% will be in place.

However, Trump made it clear that China would face no such leniency. Citing Beijing's alleged trade abuses and “lack of respect” for global markets, he announced an immediate hike in tariffs on Chinese imports to 125%, up from the earlier 104%.

“At some point, hopefully in the near future, China will realize that the days of ripping off the US and other countries is no longer sustainable or acceptable,” Trump wrote on Truth Social.

Despite repeatedly resisting pressure from within his own party and business circles to halt the tariff spree, Trump’s sudden pivot was reportedly triggered by alarm bells inside the US Treasury Department. According to CNN, Treasury Secretary Scott Bessent raised red flags about a dramatic selloff in the bond market, which, if left unchecked, could spiral into a financial crisis.

Speaking to the media after the announcement, Trump seemed to suggest that the decision came from instinct rather than strategy.

“We didn’t have access to lawyers… We wrote it up from our hearts. You have to be flexible,” he said.

The markets responded instantly. The Dow Jones Industrial Average surged over 2,500 points, while the Nasdaq jumped 12.2%, its best day in 24 years. The S&P 500 rose 6%, oil prices climbed more than 4%, and the dollar strengthened.

Impact on India

India, which had been hit with a 26% customized reciprocal tariff, saw its markets rattled in recent weeks. The pause offers a much-needed breather, as New Delhi works to finalize a multi-sectoral trade deal with Washington.

Ministry of External Affairs Spokesperson Randhir Jaiswal confirmed that talks are underway. “We hope to address these issues and conclude this agreement expeditiously,” he said, underlining the strong economic ties between the two nations.

New Israeli strikes have killed over a dozen people, including seven children, in the besieged territory as the regime is pressing ahead with its bloody military onslaught against Palestinians.

Gaza's civil defense agency said the bodies of 10 people, including seven children, were brought to the hospital following an Israeli airstrike that targeted the al-Farra family home in central Khan Younis.

Witnesses reported continuous and intensive Israeli tank fire in the city. 

Moreover, one Palestinian was killed and four others were wounded following an aerial attack on a group of civilians in Rafah.

In central Gaza, Israeli drones struck a group of civilians in Deir el-Balah, following which a number of casualties were transferred to the al-Aqsa Hospital.

Two more people killed in an Israeli strike that targeted a group of civilians in the al-Atatra area in the northern city of Beit Lahia.

On Friday morning, the Israeli military released an “urgent and serious” evacuation notice for residents living in various neighborhoods east of Gaza City.

The United Nations on Friday said its analysis of 36 recent Israeli strikes in Gaza showed only women and children were killed and decried the human cost of the war.

Spokeswoman Ravina Shamdasani cited an April 6 strike on a residential building of the Abu Issa family in Deir al-Balah, which reportedly killed one girl, four women, and one four-year-old boy.

Even the areas where Palestinians were being instructed to go in the expanding number of Israeli "evacuation orders" were also being subjected to attacks, she said.

Israel has said its troops are seizing "large areas" in Gaza and incorporating them into buffer zones cleared of their inhabitants.

The UN rights office warned that expanding Israeli evacuation orders are resulting in the "forcible transfer" of people into ever-shrinking spaces in the war-ravaged Palestinian territory.

"Let us be clear, these so-called evacuation orders are actually displacement orders, leading to displacement of the population of Gaza into ever shrinking spaces," Shamdasani said.

"The permanently displacing the civilian population within occupied territories amounts to forcible transfer, which is a grave breach of the Fourth Geneva Convention, and it is a crime against humanity."

Speaking to reporters in Geneva, Shamsadani said between March 18 and April 9, there were some 224 incidents of Israeli strikes on residential buildings and tents for internally displaced people.

"In some 36 strikes about which the UN Human Rights Office corroborated information, the fatalities recorded so far were only women and children," she said.

"Overall, a large percentage of fatalities are children and women, according to information recorded by our Office," she added.

Israel has prevented tens of thousands of Palestinians in the occupied West Bank from entering the holy land of Jerusalem to celebrate a Christian festivity at the city’s churches.

The Palestinian WAFA news agency reported that only a limited number of Palestinian Christians were able to attend celebrations in al-Quds for the Palm Sunday feast day. 

Israeli forces issued only 6,000 permits for West Bank Christians, although the population exceeds 50,000, the report added.

The occupation’s soldiers imposed strict measures at checkpoints surrounding al-Quds and its Old City, home to the Church of the Holy Sepulchre.

“This is the second consecutive year that only a small number of pilgrims are able to participate in Holy Week and Easter celebrations in al-Quds, due to the ongoing conflict,” said Father Ibrahim Faltas, deputy head of the Custody of the Holy Land.

Christians in the Gaza Strip commemorated Palm Sunday at Saint Porphyrius Greek Orthodox Church, just hours after an Israeli aerial assault on the nearby al-Ahli Arab hospital.

In a statement, the Gaza-based Hamas resistance group censured Israel for restricting West Bank Palestinians’ access to al-Quds.

The Israeli move is a part of a broader racist and fascist policy aimed at isolating Palestinians from their homeland and holy sites, it added.

Hamas also called on all churches across the world to condemn the occupation and its ongoing attacks on freedom of worship and access to holy sites.

It further urged the international community to take serious steps towards ending Israel’s genocidal war in the Gaza Strip, which is aimed at annihilating Palestinians and liquidating their cause.

Israel launched its brutal Gaza onslaught on October 7, 2023, after Hamas carried out a historic operation against the usurping entity in retaliation for its intensified atrocities against the Palestinian people.

After one and a half years of war, the Tel Aviv regime has failed to achieve its declared objectives in the besieged territory, despite killing at least 50,944 Palestinians, mostly women and children, and injuring 116,156 others.