Foreign policy
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025. Valentin Flauraud | Afp | Getty Images The U.S. and China on Monday agreed to suspend most tariffs on each other’s goods in […]
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Europe leaders, in Kyiv, turn up pressure on Russia over ceasefire
Ukraine and European leaders agreed on Saturday to an unconditional 30-day ceasefire on May 12 with the backing of U.S. President Donald Trump, threatening President Vladimir Putin with new “massive” sanctions if he failed to comply. The announcement was made by the leaders of Britain, France, Germany, Poland and Ukraine after a meeting in Kyiv, […]
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Trump heads to the Middle East with oil, trade and nuclear ambitions on the table
US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017. Mandel Ngan | AFP | Getty Images DUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in the Persian Gulf region – or […]
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The U.S. and China are set for icebreaker trade talks. Here’s what to expect
Delegation officials arriving for the second bilateral meeting between U.S. Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou on April 6, 2024. Pedro Pardo | Afp | Getty Images The stakes are high for the U.S. and China’s icebreaker trade […]
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Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay
President Donald Trump listens as Prime Minister Keir Starmer of Britain speaks to him on the speaker phone in the Oval Office at the White House on May 08, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears […]
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CNBC Daily Open: London markets didn’t seem to view the U.K.-U.S. trade deal positively
Britain’s Prime Minister Keir Starmer speaks to employees at a car factory in the West Midlands, Britain, on May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the three major U.S. indexes back-to-back winning […]
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CNBC Daily Open: Wall Street cheered U.S.-UK trade deal — London market, not really
Britain’s Prime Minister Keir Starmer speaks on the phone to U.S. President Donald Trump at a car factory in the West Midlands, Britain, Thursday, May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the […]
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Trump says 10% is floor for tariffs; ‘Some will be much higher’
President Donald Trump on Thursday said that 10% will be the floor for his tariffs on imports from other countries that seek to reach trade agreements with the United States. “Some will be much higher because they have massive trade surpluses and in many cases they didn’t treat us right,” Trump told reporters at the […]
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Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. But specifics about the deal were not immediately clear, and nothing was signed […]
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China defense stocks surge as India-Pakistan tensions escalate
A J-10C fighter jet of the Chinese air force’s Ba Yi’s aerobatics team conducting adaptive training. Vcg | Visual China Group | Getty Images Tensions between India and Pakistan are rising, and Chinese defense stocks are surging after Pakistan’s apparent use of China-made weapons to down Indian jets. Pakistan’s Foreign Minister Ishaq Dar claimed on […]
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