Foreign policy
Brexit made businesses abandon the UK. Trump’s hefty EU tariffs could bring them back
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London. Jason Alden | Bloomberg Creative Photos | Getty Images In 2016, the U.K.’s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them. Fast forward to 2025, and the specter […]
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Israel and Syria agree ceasefire as Israel allows Syrian troops limited access to Sweida
People walk in front of the heavily damaged Syrian army and defence ministry headquarters in Damascus, following Israeli strikes on July 16, 2025. Louai Beshara | AFP | Getty Images Israel and Syria have agreed to a ceasefire, the U.S. envoy to Turkey said on Friday, after days of bloodshed in the predominantly Druze area that has […]
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Trump pushes for 15-20% minimum tariffs on European Union: FT
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15-20% tariffs on imports from the European Union, […]
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EU lowers price cap for Russian crude under new sanctions package
Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow’s crude oil barrels. Within a year of Russia’s 2022 invasion of Ukraine, the G7 and EU restricted the price […]
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European companies are jumping on the defense bandwagon as EU plans security splurge
From cruise ships to telecommunications, European companies are finding ways to increasingly pivot to military contracts as they seek to cash in on a defense boom that’s sweeping the continent. Europe’s defense sector has exploded in value this year, with the industry’s publicly listed companies riding a wave of bullish sentiment that has seen some […]
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New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites
A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. Maxar Technologies | Via Reuters WASHINGTON — One of the three nuclear enrichment sites in Iran struck by the United States last month was mostly destroyed, setting work there back significantly. […]
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Market watchers warn Trump might not ‘chicken out’ of 30% tariffs on the EU
Global investors may be underestimating U.S. President Donald Trump’s commitment to follow through on his latest tariff threats, some market watchers have warned. In his latest trade policy update, Trump announced that he would be slapping 30% tariffs on goods imported to the U.S. from the European Union and Mexico from Aug. 1. European markets […]
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France flirts with cutting two public holidays to save money
Alpha Jets of the French Air Force Elite aerobatic flying team “Patrouille de France” perform a fly-over during a ceremony at the Arc de Triomphe for the 80th anniversary of VE Day, or Victory in Europe Day, marking the end of World War II in Europe, in Paris, on May 8, 2025. Thomas Samson | […]
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Trump says U.S. has ‘deal’ with Indonesia, but shares no details
Workers prepare customers’ orders at the main rice market in Jakarta on July 9, 2025. Bay Ismoyo | AFP | Getty Images President Donald Trump on Tuesday said he has reached a deal with Indonesia, a week after he threatened to slap a 32% tariff on the southeast Asian country’s U.S. exports. Trump in a […]
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CNBC Daily Open: It’s refreshing to see tariffs used as a weapon for peace
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte on the day of announcing a deal to get weapons to NATO, in the Oval Office at the White House on July 14, 2025. Nathan Howard | Reuters Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s […]
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