Traore, who was in Moscow for the

Speaking at the Shangri-La Dialogue, a global security conference hosted by the International Institute for Security Studies, Hegseth said China is no longer justto take Taiwan, it’s “actively training for it, every day.”

U.S. Defense Secretary Pete Hegseth delivers his speech during 22nd Shangri-La Dialogue summit in Singapore,Saturday, May 31, 2025. (AP Photo/Anupam Nath)U.S. Defense Secretary Pete Hegseth delivers his speech during 22nd Shangri-La Dialogue summit in Singapore,Saturday, May 31, 2025. (AP Photo/Anupam Nath)Hegseth also called out China for its ambitions in Latin America, particularly its efforts to increase its influence over the Panama Canal.

He urged Indo-Pacific countries to increase defense spending to levels similar to the 5% of their gross domestic product European nations are now pressed to contribute.“We must all do our part,” Hegseth said.

Following the speech, the European Union’s top diplomat Kaja Kallas pushed back at Hegseth’s comment that European countries should focus their defense efforts in their own region and leave the Indo-Pacific more to the U.S. She said that with North Korean troops fighting for Russia and China supporting Moscow, European and Asian security were “very much interlinked.”

Hegseth also repeated a pledge made by previous administrations to bolster the U.S. military in the Indo-Pacific to provide a more robust deterrent. While both the Obama and Biden administrations had also committed to pivoting to the Pacific and established new military agreements throughout the region, a full shift has never been realized.Jonathan Silva, the owner of WS Game Company, said he did not intend to change his plans based on the ruling. He has the board games his company sells

“We know that this will take time for the appeals process to take place and a final ruling to be instituted,” Silva said. “But we are hopeful that this will be the beginning of a more academic use of tariffs in the coming months and years. All we want to do is have certainty in the environment that we are operating in, as the day-to-day retaliations and pauses are not conducive to business operations.”The CEO of electronics retailer Best Buy, Corie Barry, told reporters on Thursday that the legal news did not make her more or less optimistic but rather underscored the importance of continuing to remain agile while not changing course in response to near-daily tariff developments.

“I don’t think there’s anything we would do differently based on the news overnight,” Barry said. “What I really tried to work with the team on is to not actually overreact to any given moment in time, but instead to stay maniacally focused on our customers and ensure we are bringing the right assortment, price, and (promotions) to them, whatever the backdrop.”Barry told analysts that Best Buy has taken a variety of steps to offset higher tariff costs, including pushing vendors to spread out where they do manufacturing. The company is increasing some prices to absorb tariff-related costs, she said, calling the move “a last resort.” She declined to be specific given the fluid situation.