Foreign policy
Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs […]
Read More
U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade
A screengrab from a video released by U.S. Central Command (CENTCOM), which accompanied a press release describing the operation dubbed “Epic Fury”, an attack by the United States and Israel on Iran, shows a flight deck crew member signaling an F‑35 jet on an aircraft carrier, in this image obtained from social media released on […]
Read More
Marco Rubio says U.S. expects Iran response on peace deal ‘today’
U.S. Secretary of State Marco Rubio speaks to the press at the US Embassy in Rome on May 8, 2026. Stefano Rellandini | AFP | Getty Images U.S. Secretary of State Marco Rubio has said that the U.S. is expecting a response on Friday from Iran on the proposal to end the war. “We should […]
Read More
CNBC Daily Open: Leadership challenge swirls around Starmer
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. It’s a tough time to go to the polls. That’s what U.K. […]
Read More
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]
Read More
Iran still reviewing new U.S. peace proposal as Trump predicts war will ‘be over quickly’: Reports
U.S. President Donald Trump speaks to reporters as he departs the White House in Washington, D.C., U.S., May 1, 2026. Kevin Lamarque | Reuters Iran is “currently reviewing” messages from the U.S. that it received via Pakistani mediators, but it has yet to reach a conclusion or deliver a reply, an Iranian official said Thursday, […]
Read More
Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027
Key Points Traders on prediction markets platform Kalshi now see a 58% chance a deal is reached by 2027. That’s higher than before an Axios report said the two countries were close to a deal to end the war, but lower than in mid-April when there was more hope for an end to the conflict. […]
Read More
Norway’s central bank raises interest rates to curb inflation; European stocks end lower
European stocks finished Thursday in negative territory as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war. The pan-European Stoxx 600 index closed the session down more than 1%, reversing earlier gains. Major regional bourses in London, Paris, Frankfurt and Milan all finished in the red, […]
Read More
Boeing CEO Kelly Ortberg set to join Trump on China visit next week
Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker’s plans told CNBC on Thursday. Trump is currently set to meet with Chinese President Xi Jinping in Beijing on May 14 and 15. Ortberg signaled in an earnings call late last […]
Read More
CNBC Daily Open: Iran reviews ‘one-page peace plan’
This photo taken on April 20, 2026 shows a national flag of Iran hanging on a building damaged by the U.S.-Israeli attacks in Tehran, Iran. Shadati | Xinhua News Agency | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A one-page document has […]
Read More