World News

The S&P 500 fell 4 percent by early afternoon, as investors assessed the worsening trade war with China. The White House clarified the total new tariffs on Chinese goods now stands at 145 percent.

As tariffs on the European Union take effect, luxury goods makers are “biting their nails” over their treasured “Made in France” or “Made in Italy” products.

The scholar, Paul Chambers, was released on bail Thursday, but without his passport, his lawyers said. He has denied charges of insulting the Thai monarchy.

President Trump’s latest moves included a 104 percent tariff on Chinese goods. Markets in Asia and Europe slumped as Beijing hit back with its own levies and European leaders were set to vote on retaliation measures.

The leaders of Israel, Hungary and the United States have moved to neutralize the judiciary both at home and abroad.

The S&P 500 slipped into bear market territory in early trading but by the end of the day climbed back close to where it opened. President Trump said he would not back off his trade war, reinforcing fears of a global economic downturn.

Stocks fell sharply in the U.S., Asia and Europe. Allies and adversaries alike criticized President Trump’s action and weighed their responses.

A court’s conviction of the far-right leader for embezzlement and its ban on her running for office have set off a new crisis for France.

Quakers in Britain said the raid, in which six youth activists unaffiliated with the religious group were arrested, “clearly shows what happens when a society criminalizes protest.”

International aid was on its way, with China and India sending search teams and relief supplies. The 7.7-magnitude earthquake on Friday also shook parts of Southeast Asia.