The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025.
Greg Baker | Afp | Getty Images
China on Wednesday said it would increase its reciprocal tariffs on U.S. goods to 84% from 34% previously, amid a deepening trade war between the world’s two largest economies.
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U.S. President Donald Trump’s Department of Government Efficiency has disbanded with eight months left to its mandate, ending an initiative launched with fanfare as a symbol of Trump’s pledge to slash the government’s size but which critics say delivered few measurable savings. “That doesn’t exist,” Office of Personnel Management Director Scott Kupor told Reuters earlier […]
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Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering […]
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Lawmakers critical of President Donald Trump’s approach to ending the Russia-Ukraine war said Saturday they spoke with Secretary of State Marco Rubio who told them that the peace plan President Donald Trump is pushing Kyiv to accept is a “wish list” of the Russians and not the actual proposal offering Washington’s positions. A State Department […]
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