Trade
Trump scraps Scotch whisky tariffs ‘in honor’ of King Charles
U.S. President Donald Trump and King Charles III during a meeting in the Oval Office of the White House on April 28, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump repealed tariffs on a key U.K. export on Thursday, after a state visit from King Charles […]
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China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
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U.S. is ‘being humiliated by Iran,’ says Germany’s Merz, as Europe’s patience wanes
US President Donald Trump looks on during a meeting with Lebanon’s Ambassador to the US, Nada Hamadeh Moawad, and Israel’s Ambassador to the US, Yechiel Leiter, at the White House in Washington, DC on April 23, 2026. Brendan Smialowski | Afp | Getty Images The U.S. is being “humiliated” by the Iranian regime, Germany’s chancellor […]
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U.S. imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil
Hengli Petrochemical’s refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. Aizhu Chen | Reuters The Trump administration said on Friday it had imposed sanctions on an independent “teapot” refinery in China for buying billions of dollars’ worth of Iranian oil, as Washington and Tehran head into another […]
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Trump warns of ‘big tariff’ if UK doesn’t drop digital services tax on U.S. tech firms
US President Donald Trump during a healthcare affordability event in the Oval Office of the White House in Washington, DC, US, on Thursday, April 23, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump has delivered a stark warning to the U.K., threatening to impose steep tariffs on the country unless it drops […]
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Iran war, U.S. court’s tariff ruling delays India trade deal — but a bigger risk lies ahead
The Indian flag flies in front of billboards featuring images of Indian Prime Minister Narendra Modi and U.S. President Donald Trump in Ahmedabad, India, on Feb. 23, 2020. Bloomberg | Bloomberg | Getty Images The India-U.S. trade deal remains unsigned after months of negotiations, with the Iran war and a U.S. court ruling against tariffs […]
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Japan’s exports expand 11.7% in March on brisk demand, higher prices
File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images Japan’s exports rose for a seventh straight month, data showed on Wednesday, boosted by solid global demand and rising prices and for now defying any major impact from disruptions caused by the conflict […]
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Trump says he’ll ‘remember’ companies that don’t seek tariff refund
President Donald Trump on Tuesday told CNBC that he will gratefully “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, which the Supreme Court later ruled were illegal. Trump’s comment on “Squawk Box” came a day after U.S. Customs and Border Protection opened a portal for importers to seek more […]
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Kevin Warsh arrives on Capitol Hill for Fed confirmation hearing: Live updates
Who is Kevin Warsh? Kevin Warsh, a former member of the Federal Reserve Board of Governors, arrives at the Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Warsh, 56, is an Ivy League-educated lawyer who’s worked in […]
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India, South Korea aim to deepen ties amid geopolitical uncertainty. Here is what’s holding them back.
NEW DELHI, INDIA – 2026/04/20: South Korean President Lee Jae Myung heads into talks with Indian Prime Minister Narendra Modi at Hyderabad House, aiming for a big boost in economic cooperation, particularly in areas such as enhancing cooperation in semiconductors, shipbuilding, AI, defense, and securing supply chains nearly doubling bilateral trade to $50 billion by […]
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