Foreign policy
Trump says he moved two nuclear submarines after Russia’s Medvedev warns U.S.
President Donald Trump on Friday said that he ordered two nuclear submarines “to be positioned in the appropriate regions” in response to warnings made to the United States by top Russian official Dmitry Medvedev earlier this week. “Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the […]
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Switzerland’s tariff shock: The 39% U.S. hit no one saw coming
The duty would be a “devastating” blow to the export-reliant Swiss economy and businesses, analysts say. Source
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Trump’s trade agenda is on the line as appeals court hears arguments in key tariffs case
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at the White House. Demetrius Freeman/The Washington Post via Getty Images A federal appeals court on Thursday is hearing arguments on whether to kneecap President Donald Trump’s global tariff […]
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CNBC’s Inside India newsletter: Why an India-U.K. trade deal does not make U.S.-India agreement any easier
CNBC reporter Ganesh Rao with India Commerce Secretary Piyush Goyal © George Bextor, CNBC Hello, this is Ganesh Rao, CNBC’s senior correspondent, writing from London. This week, I look into India’s willingness and limitations to strike trade deals after I sat down with the country’s Commerce Secretary Piyush Goyal. Enjoy! This report is from this […]
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Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don’t
U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the […]
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Woman pleads guilty in $30M scam that sold access to Trump fundraiser, fake U.S. residency
The complaint and affidavit in support of an arrest warrant against Sherry Xue Li and Lianbo “Mike” Wang is photographed on Monday, July 18, 2022. Department of Justice | AP A New York woman pleaded guilty Wednesday in connection with a years-long $30 million investment scam that, among other things, sold foreign nationals access to […]
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Trump says Friday tariff deadline ‘will not be extended’
U.S. President Donald Trump gestures before boarding Air Force One as he returns to Washington, D.C., in Lossiemouth, Scotland, Britain, July 29, 2025. Evelyn Hockstein | Reuters President Donald Trump said that he will not extend Friday’s deadline for his “reciprocal” tariffs on dozens of countries to restart. “THE AUGUST FIRST DEADLINE IS THE AUGUST […]
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Why the U.S.-EU trade agreement is unlikely to derail Europe’s defense boom
Europe’s defense stocks wobbled at the start of the week, as investors pored over the details — still lacking in some areas — of the framework trade agreement struck by the U.S. and European Union on Sunday. An initial concern was that a commitment by the EU to increase its purchases of U.S. goods, in […]
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Trump approval needed to extend U.S.-China tariff pause, negotiators say
A potential extension of a tariff pause between the United States and China will not be agreed to until President Donald Trump signs off on the plan, U.S. negotiators said Tuesday. Trump “has final say on all the trade deals” and the pending tariff truce, Treasury Secretary Scott Bessent told CNBC’s Eamon Javers. The remarks […]
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With Trump pressure and a ‘new Lebanon,’ can Hezbollah’s shadow economy be dismantled?
Key Points “Hezbollah finds itself in its greatest predicament since its foundation,” one regional expert told CNBC. Hezbollah makes money from industries like banking and construction, but also runs international drug trafficking and smuggling operations as far afield as Bulgaria and Argentina. Its revenues are estimated in the billions of dollars annually. Following Israel’s aggressive […]
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