Foreign policy
Sweden is feeling the heat from Trump tariffs — and there’s more to come
A Swedish national flag hanging from a shop in Gamla Stan in Stockholm, Sweden, on Thursday, Aug. 18, 2022. Bloomberg | Bloomberg | Getty Images Sweden’s economy and households are feeling the heat from U.S. trade tariffs, the Scandinavian country’s finance minister told CNBC — before the full force of the levies has even come […]
Read More
Trump holds call with Xi, Chinese media says
President Donald Trump held a phone call with China President Xi Jinping, Chinese media outlet Xinhua reported Thursday. The call was initiated by Trump, Beijing’s Ministry of Foreign Affairs said in a subsequent statement. The White House did not immediately respond to CNBC’s request for comment on the report. U.S. stock futures rose on news […]
Read More
Like it or not, NATO’s hitting a 5% defense spending target, U.S. says
U.S. Secretary of Defence Pete Hegseth attends the meeting of North Atlantic Council defence ministers during the NATO defence ministers’ meeting at the NATO headquarters on June 05, 2025 in Brussels, Belgium. Omar Havana | Getty Images News | Getty Images A higher defense spending target for NATO members is looking likely, as the alliance […]
Read More
Trump bans citizens of 12 countries from entering the U.S.
The Trump administration signed a proclamation Wednesday suspending travel to the U.S. for citizens from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. Citing national security interests, the proclamation states that the identified countries lack sufficient vetting and screening processes needed to detect foreign nationals who may […]
Read More
Trump’s 50% steel tariffs hit the world but UK spared full blow
An employee stands at a blast furnace in North Rhine-Westphalia, Duisburg, Germany. Picture Alliance | Picture Alliance | Getty Images U.S. tariffs entered the spotlight once again in Europe on Wednesday as U.S. President Donald Trump’s 50% levy on steel and aluminum imports to the U.S. came into effect. Announced last week and signed by […]
Read More
European markets are set to open higher ahead of flash inflation data
Here are the opening calls London was the No. 2 most-visited city in the world for 2023, according to Euromonitor International. Karl Hendon | Moment | Getty Images Good morning from London and welcome to CNBC’s live blog covering all the action in European financial markets, as well as business news, analysis, earnings and data. […]
Read More
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 […]
Read More
UK put on a war footing with defense overhaul — but is it too little, too late?
Britain’s Prime Minister Keir Starmer (C), Britain’s Defence Secretary John Healey (2nd R) and managing director of BAE Systems’ naval ships business Simon Lister (R) visit the BAE Systems’Govan facility, in Glasgow, on June 2, 2025. Britain announced it will build 12 new attack submarines as it unveiled a major defense review to deal with […]
Read More
Trump-backed nationalist clinches Poland’s presidency
WARSAW, POLAND – JUNE 01: Karol Nawrocki, presidential candidate of the Law and Justice Party (PiS), gestures as he arrives with his family to cast his ballot at a polling station during the Polish presidential runoff election on June 01, 2025 in Warsaw, Poland. Today’s election is a closely contested race between Nawrocki and Rafal […]
Read More
Japan’s Prime Minister Shigeru Ishiba mulls Trump trade meeting before G7, says Yomiuri newspaper
Japan’s prime minister, Shigeru Ishiba. Bloomberg | Bloomberg | Getty Images Japanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as he seeks a trade deal, the Yomiuri newspaper reported on Sunday. Japanese officials see signs of progress on easing […]
Read More