Foreign policy
The U.S. is losing travelers. Here are the countries that stand to benefit
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in […]
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European Union to remove tariffs on U.S. industrial goods, triggering cuts for EU autos
Rows of Volkswagen ID Buzz electric buses are parked at the National City Marine Terminal, a major port for vehicle imports and exports to the U.S. Kevin Carter | Getty Images News | Getty Images The European Union formally proposed Thursday to remove tariffs on American industrial goods, fulfilling a key element of the U.S.-EU framework […]
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CNBC’s Inside India newsletter: India’s three-way balancing act: Tariffs, oil, and uneasy handshakes
Hello, this is Spriha Srivastava, CNBC International’s Executive Editor for Digital, writing from London. This week, I take a closer look at India’s tightrope walk — tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. Let’s dive in. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping […]
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The U.S.’ deep-sea mining plans could hurt global rules-based order and benefit China, policy experts warn
The U.S. is preparing to mine the sea floor for critical minerals to reduce its dependence on China. But doing so in international waters could undermine a global rules-based order and indirectly benefit Beijing, policy experts warn. Efforts to create international guidelines on seabed mining through the International Seabed Authority (ISA), a U.N. regulator, have […]
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Rheinmetall chief says Europe must catch up with Russia’s ammunition output as it opens mega plant
Workers are seen at the new Rheinmetall artillery munitions factory during its inauguration on August 27, 2025 in Unterluess, Germany. Germany is investing heavily to modernize the Bundeswehr, its armed forces. Morris Macmatzen | Getty Images News | Getty Images Rheinmetall‘s newly-opened factory in Northern Germany — set to become Europe’s biggest ammunition production facility […]
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France’s latest budget crisis poses risk to defense investment pledges
The latest clash between French lawmakers over reducing the country’s hefty public deficit could see its defense spending pledges fall to the wayside, analysts say. That would come as a blow to the likes of Thales , Dassault Aviation , Safran and Leonardo -owned MBDA — domestic defense players that have rallied this year on […]
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Japan’s top trade negotiator cancels trip to U.S. over trade deal issues
Ryosei Akazawa, Japan’s economic revitalization minister, speaks to members of the media at the Japanese embassy in Washington D.C. on June 6, 2025. Bloomberg | Bloomberg | Getty Images Japan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal. In a statement, […]
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Putin acts like he doesn’t care about peace. Russia’s economy could depend on it
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with German Gref, the CEO of Russia’s largest Sberbank, in Moscow on July 29, 2025. Mikhail Metzel | Afp | Getty Images Russia’s beleaguered economy, with its slowing growth and widening budget deficit, could be one push-factor when it […]
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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick
Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel […]
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‘Our country is in danger’: French PM takes confidence vote gamble over budget woes
France’s Prime Minister Francois Bayrou speaks during a press conference in Paris on August 25, 2025. Dimitar Dilkoff | Afp | Getty Images France’s minority government on Tuesday faced the prospect of collapse within weeks, after opposition parties said they would not back Prime Minister Francois Bayrou in a Sept. 8 confidence vote tied to […]
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