Donald J. Trump
In China, ‘The Great American’ burger is now made with Australian beef
At his restaurant in Beijing, Geng Xiaoyun used to offer a special dish of salt-baked chicken feet — or “phoenix talons” as they are called in China — imported from America. With prices climbing 30% from March due to tariffs, the owner of Kunyuan restaurant had to pull the Chinese delicacy from the menu. “American […]
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Trump and China’s Xi will likely talk very soon, White House official says
President Donald Trump and China’s President Xi Jinping shake hands at a press conference following their meeting at the Great Hall of the People in Beijing. Artyom Ivanov | TASS | Getty Images President Donald Trump and Chinese President Xi Jinping are likely to speak this week, a senior White House official told CNBC on […]
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White House ‘close to the finish line’ on some trade deals, says Treasury official
Deputy Treasury Secretary Michael Faulkender said Monday that the Trump administration continues “to make very good progress” on trade negotiations, and it is “close to the finish line on a couple” of deals. “As long as we continue to make progress, I think you’re going to see a lot more deals that are announced prior […]
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Why Tesla sales are rebounding in Norway while Europe lags
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on Sept. 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla‘s sale of new cars in Norway skyrocketed 213% in May from a year ago, according to […]
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European autos stocks fall 2% as Trump’s 50% steel tariffs inflate EU trade tensions
Mid-morning market moves The mood in equities remains downbeat in Europe, with the regional Stoxx 600 index 0.25% lower at 10:30 a.m. U.K. time as investors eye the potential for escalating U.S.-EU tariffs. Autos stocks on the index are down 1.75%, technology stocks are down 1.2% and household goods are down 1%. Oil and gas […]
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.” Source
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Stock futures inch lower to kick off start of the new trading month: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 30, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in […]
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Elon Musk says he doesn’t ‘want to take responsibility for everything the administration’s doing’
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped up his time in government service after four […]
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Trump advisers defend tariffs amid legal fight, insisting they’re ‘not going away’
US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025. Saul Loeb | AFP | Getty Images President Donald Trump’s top economic advisers maintained confidence on Sunday that the “tariffs are not going away,” as a key tenet of Trump’s policy agenda hangs in legal limbo. “Rest assured, […]
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Trump and Xi are likely to talk soon about trade, though no date has been set, Hassett says
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week. Hassett […]
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