Donald Trump
Trump threatens tough trade deal for Spain after it refuses to meet NATO defense spending target
U.S. President Donald Trump speaks during a press conference, at the NATO summit in The Hague, Netherlands, June 25, 2025. Brian Snyder | Reuters U.S. President Donald Trump on Wednesday said Spain’s refusal to meet the NATO defense spending target of 5% of gross domestic product will mean a tougher trade deal for the southern […]
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Watch live: Trump speaks at NATO press conference
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is speaking Wednesday at NATO’s annual summit in the Netherlands. Trump’s comments come days after he announced a ceasefire between Israel and Iran. Subscribe to CNBC on […]
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NATO allies agree to higher 5% defense spending target
Mark Rutte, secretary general of the North Atlantic Treaty Organization (NATO), left, and U.S. President Donald Trump, during the NATO summit in The Hague, Netherlands, on Wednesday, June 25, 2025. Bloomberg | Bloomberg | Getty Images NATO allies on Wednesday agreed to more than double their defense spending target from 2% of gross domestic product […]
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‘Time to get serious on defense’: A moment of truth for NATO as leaders seek unity on spending hike
The NATO summit in the Netherlands. Haiyun Jiang | Via Reuters It’ll be a moment of truth for NATO on Wednesday when the Western military alliance releases a joint statement on a heavily pushed and previewed collective defense spending hike. Allies have been corralled, cajoled and pressured to hike their defense expenditure from 2% to […]
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CNBC Daily Open: A truce is to be celebrated — but it doesn’t promise peace
U.S. President Donald Trump speaks to reporters onboard Air Force One en route to the NATO summit in The Hague, Netherlands, June 24, 2025. Brian Snyder | Reuters The ceasefire between Israel and Iran appears to be holding. In yesterday’s newsletter, we talked about how a blitzkrieg of missile-led diplomacy seemed to help de-escalate tensions. […]
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Europe must wake up amid ‘very complicated’ relations with the U.S., former Italy PM says
Former Italian Prime Minister Matteo Renzi gestures during the event “Two Peoples, Two States, One Destiny” promoted by Azione, Italia Viva, and + Europa, a public debate on the Israeli-Palestinian conflict and aims at supporting a solution based on the peaceful coexistence of two states, in Milan on June 6, 2025. Stefano Rellandini | Afp […]
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CNBC Daily Open: Investors bet the fragile ceasefire would hold
US President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO’s Heads of State and Government summit in The Hague in the Netherlands. Brendan Smialowski | Afp | Getty Images The ceasefire between Israel and Iran appears to be holding. In […]
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China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
Key Points China is introducing ways to bolster yuan’s usage as confidence in the U.S. dollar falters. Three major Chinese exchanges have allowed certain foreign institutional investors to trade more futures and options contracts listed in mainland China. From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to accelerate international […]
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Asia-Pacific markets set for mixed open as investors weigh Fed comments, Israel-Iran ceasefire
Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Wednesday, as investors weighed a ceasefire between Israel and Iran, as well as fresh commentary from the U.S. Federal Reserve. There is growing […]
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Treasury yields fall even after Powell says the Fed can wait to cut rates
U.S. Treasury yields were lower on Tuesday even after Federal Reserve Chair Jerome Powell said he is in no hurry to push for interest rate cuts as the impact of tariffs plays out. Traders also kept an eye on a fragile ceasefire between Iran and Israel. The 10-year Treasury yield was down 3.1 basis points at 4.291%, […]
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