Foreign policy
Embattled Iran slams consequences of war on oil markets
Dilara Irem Sancar | Anadolu | Getty Images Iran’s oil minister on Wednesday criticized the effects of war-led disruptions to oil markets, weeks after Tehran’s 12-day hostilities with Israel sent crude price soaring. In remarks via videoconference for the OPEC seminar in Vienna, Mohsen Paknejad said, “Whatever the cause, an aggression of war that leads […]
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European Union in limbo as Washington keeps it waiting on a trade agreement
The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached. The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump’s “reciprocal” tariffs was initially meant to expire. The EU was seemingly still […]
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Trump ‘not happy with Putin,’ accuses Russian leader of throwing ‘bulls—‘
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump said Tuesday that he was “not happy” with Vladimir Putin over the ongoing war on Ukraine, and accused the Russian leader of throwing ‘bulls—‘ at the United States […]
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Global stock markets are calling Trump’s bluff on tariffs
WASHINGTON, DC – JULY 7: An aide picks up a page from a letter to Japan and South Korea, signed by U.S. President Donald Trump, announcing 25% tariffs beginning on August 1st, during the daily press briefing in the Brady Press Briefing Room at the White House on July 7, 2025 in Washington, DC. Andrew […]
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Trump’s tariffs could overshadow the red carpet as Macron meets King Charles
France’s President Emmanuel Macron shakes hands with delegates as he is greeted upon arrival at RAF Northolt, west of London, on July 8, 2025, on the first day of a three-day state visit to Britain. French President Emmanuel Macron began a three-day state visit to Britain on Tuesday, which will see him address parliament and […]
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China retaliates to EU ban with import restrictions on medical devices
A factory manufacturing medical devices. Reuters China’s finance ministry said on Sunday it was restricting government purchases of medical devices from the European Union that exceed 45 million yuan ($6.3 million) in value, in retaliation to Brussels’ own curbs last month. Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs […]
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Trump says tariff letters to 12 countries signed, going out Monday
U.S. President Donald Trump gestures, as he speaks from a balcony, on the day he is expected to sign a sweeping spending and tax legislation, known as the “One Big Beautiful Bill Act,” at the White House in Washington, D.C., U.S., July 4, 2025. Ken Cedeno | Reuters U.S. President Donald Trump said he had […]
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Trump’s Vietnam pact takes aim at China — but it raises more questions than answers
Thai Son S.P. Co. garment factory in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images U.S. President Donald Trump announced a trade pact with Vietnam on Wednesday, but its scant details have left economists wondering about what it would mean for the flow of Chinese goods […]
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A bare-bones deal is Europe’s best hope in trade talks with the U.S., sources say
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025. Sergei Gapon | Afp | Getty Images The clock is ticking in trade talks between Washington and the European Union, with European officials now saying their best hope is striking a “political” deal before […]
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Pentagon halts weapons shipment to Ukraine amid concerns over U.S. stockpile
Defense Secretary Pete Hegseth has ordered a pause in sending a shipment of missiles and ammunition to Ukraine amid concern about the U.S. military’s stockpiles, according to two defense officials, two congressional officials and two sources with knowledge of the decision. Hegseth ordered the delay weeks after he issued a memo ordering a review of […]
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