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The Morning News Informer > Blog > Business & Finance > Economy > Global News Roundup May 2025: Key Events Shaping Our World
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Global News Roundup May 2025: Key Events Shaping Our World

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Last updated: May 30, 2025 5:04 am
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Introduction

May 2025 has been a month of significant global developments, impacting geopolitics, economics, and the environment. From pivotal global news court rulings to international collaborations, here’s a comprehensive overview of the top stories that have shaped our world this month.

Contents
Introduction1. U.S. Court Overturns Trump-Era Tariffs2. U.S. Plans to Revoke Chinese Student Visas3. Russia Enhances Drone Capabilities with Iran’s Assistance4. Europe’s Steel Industry Faces Challenges Amid Defense Build-Up5. WHO Highlights Air Pollution as Major Health RiskConclusionRelated Resources

1. U.S. Court Overturns Trump-Era Tariffs

On May 28, 2025, a U.S. international trade court ruled that the Trump administration exceeded its authority under a 1977 emergency law by imposing sweeping tariffs on global trading partners. The decision mandates a halt within 10 days on the “Liberation Day” 10% tariffs and additional duties aimed at addressing the fentanyl crisis on China, Canada, and Mexico. While the administration retains other means to impose similar levies, this ruling intensifies uncertainty for investors, companies, and foreign negotiators already grappling with volatility in U.S. trade policy. [Source]

2. U.S. Plans to Revoke Chinese Student Visas

The U.S. government’s reported plan to “aggressively” revoke visas for Chinese students, announced by Senator Marco Rubio, is causing concern in the international education community. During the 2023-24 academic year, 277,398 Chinese students were enrolled in American universities, making China the second-largest source of international students in the U.S., following India, according to the Open Doors 2024 Report by the Institute of International Education. This move may significantly alter the academic landscape and disrupt global talent flows. [Source]

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3. Russia Enhances Drone Capabilities with Iran’s Assistance

A recent report by C4ADS reveals that a deepening partnership between Russia and Iran has significantly bolstered Russia’s domestic drone industry, enhancing its military capabilities in the war against Ukraine. Over the past two years, following a technology exchange deal, Russia has localized production of Iranian-designed Shahed drones, rebranded as Geran-2, and even developed an advanced variant, the Geran-3. These drones are being produced in Tatarstan’s Alabuga economic zone, with plans to build up to 6,000 drones by summer 2025 global news. [Source]

4. Europe’s Steel Industry Faces Challenges Amid Defense Build-Up

As European nations rapidly increase defense spending due to uncertainties about continued U.S. military support, maintaining a robust domestic steel industry becomes critical. Steel is a vital component in the manufacture of military equipment and other essential goods global news. However, Europe’s steel industry is under strain from a global overcapacity, estimated at 600 million tonnes in 2023—five times Europe’s annual production of 127 million tonnes. Cheap, foreign-produced steel, much of it subsidized and originating from China through plants in countries like Egypt, Turkey, and Indonesia, is flooding European markets. [Source]

5. WHO Highlights Air Pollution as Major Health Risk

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Air pollution is responsible for approximately 7 million deaths annually, primarily from noncommunicable diseases (NCDs) such as stroke, ischemic heart disease, chronic obstructive pulmonary disease and lung cancer as well as pneumonia. It is now recognized as the fifth major risk factor for NCDs alongside tobacco use, unhealthy diets, physical inactivity and harmful use of alcohol. [Source]

Conclusion

May 2025 has been marked by significant developments across various sectors. From legal decisions impacting international trade to environmental concerns affecting global health, these events underscore the interconnectedness of our world. Staying informed is crucial as these stories continue to evolve and shape our collective future.

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TAGGED:air pollution WHOChinese student visasEuropean steel industryglobal news May 2025international news May 2025May 2025 news highlightsRussia Iran dronestop world news May 2025US tariffs 2025world headlines May 2025
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