Foreign policy
European and Asian defense stocks have rallied this year. A lack of trust in the U.S. could be driving those gains
Asian and European defense stocks have been outperforming their U.S. counterparts. Guvendemir | E+ | Getty Images A quote from the 2008 TV series “Star Wars: The Clone Wars” goes: “Wars are not won with superior weapons, but with superior strategy.” However, the strategy now in the markets, it seems, is investing in weapons — […]
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China to impose 34% retaliatory tariff on all goods imported from the U.S.
China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and […]
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South Korea’s Constitutional Court upholds impeachment of President Yoon, ousting him from office
South Korea’s impeached President Yoon Suk Yeol arrives for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. Kim Hong-ji | Reuters South Korea’s Constitutional Court Friday upheld the impeachment of President Yoon Suk Yeol, ousting him from office. The decision now starts a 60-day countdown where a presidential election must […]
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What Trump says he’s trying to accomplish with tariffs
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images President Donald Trump has cited a host of reasons to impose steep new tariffs on U.S. trading partners. Some of the justifications are […]
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Pentagon watchdog launches probe of Defense Secretary Pete Hegseth over use of Signal app
U.S. Defense Secretary Pete Hegseth looks on, as President Donald Trump (not pictured) delivers remarks, in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters The Pentagon’s internal watchdog opened an investigation of Defense Secretary Pete Hegseth for using the Signal messaging app to discuss pending […]
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UK escapes worst of Trump’s tariff wrath with 10% levy but warns of ‘threat’ to global economy
US President Donald Trump inspects a Guard of Honour at Buckingham Palace on June 3, 2019 in London, England. Toby Melville | Getty Images U.K. Business Secretary Jonathan Reynolds said the country faces a “threat” to its open economy from any global fallout from Trump’s new tariffs regime, which included a baseline 10% “reciprocal” tariff […]
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Live updates: Trump tariff plans finalized as U.S. trade partners brace for impact
New tariffs will take effect ‘immediately’ Trump’s new tariffs will take effect “immediately” after he announces them in the Rose Garden, White House press secretary Karoline Leavitt said Tuesday. The timeline offered a morsel of clarity about the reciprocal tariff plan, which remains highly opaque just hours before it is set to be unveiled. — […]
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Locked in a trade balancing act with the U.S., the UK hopes it can escape some Trump tariffs
British Prime Minister Keir Starmer and U.S. President Donald Trump shake hands during a joint press conference in the East Room at the White House, Feb. 27, 2025 in Washington, D.C., U.S. Carl Court | Via Reuters As countries around the world brace for the implementation of U.S. President Donald Trump’s trade tariffs and with […]
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Meet the ‘Dirty 15’ countries that could be hit hardest by Trump’s tariffs
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump is about to announce his biggest […]
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Trump says reciprocal tariffs will ‘start with all countries,’ rejects narrower launch
US President Donald Trump speaks to the press aboard Air Force One before arriving at Palm Beach International Airport in West Palm Beach, Florida, on March 28, 2025. Brendan Smialowski | AFP | Getty Images President Donald Trump said that his “reciprocal tariffs” plan will target all other countries when they are unveiled Wednesday, injecting […]
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