Trade
U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and El Salvador under framework agreements that will give U.S. firms greater access to those markets. The agreements are expected to help lower prices for coffee, bananas and other foodstuffs, a senior Trump administration official told […]
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Cheaper medicines, free beach trips: U.S. health plans tap prescriptions that feds say are illegal
Every step is a struggle for Bruce Zimmerman, whose health has been deteriorating since he was diagnosed with multiple sclerosis eight years ago. In 2019, Zimmerman said, his then-employer offered him an opportunity that sounded irresistible: He and his wife, Becky, could take all-expense-paid trips to the Cayman Islands and the Bahamas to retrieve the medication […]
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CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Despite rising trade tensions, Singapore still wants to push ahead with a “multilateral, rules-based trading system,” and sees further cooperation between ASEAN and […]
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CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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Trump hints at cutting tariffs on India as loyalist Sergio Gor sworn in as ambassador
WASHINGTON, DC – NOVEMBER 10: U.S. President Donald Trump shakes hands with U.S. Ambassador to India Sergio Gor, during his swearing-in ceremony in the Oval Office of the White House on November 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images U.S. President Donald Trump faces a fresh test of […]
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U.S. and Switzerland working on a deal to slash 39% tariffs
U.S. President Donald Trump looks on during the swearing-in ceremony of U.S. Ambassador to India Sergio Gor in the Oval Office of the White House on Nov. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that […]
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China suspends some critical mineral export curbs to the U.S. as trade truce takes hold
Crystals of gallium are seen in a laboratory at Freiberg University of Mining and Technology in Saxony, Germany on 13 September 2023. Picture Alliance | Picture Alliance | Getty Images China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign […]
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China suspends ban on exports of gallium, germanium, antimony to U.S.
Tensions between the U.S. and China have escalated over the last few years. Teh Eng Koon | AFP | Getty Images China has suspended a ban on approving exports of “dual-use items” related to gallium, germanium, antimony and super-hard materials to the U.S., the commerce ministry said on Sunday. The suspension takes effect from Sunday […]
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China consumer prices return to growth in October, producer price slump extends to three years
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Deflation pressures in China alleviated in October, as consumer prices returned to growth after falling for two straight months, though producer prices extended their slump to three years as the world’s second largest economy suffers from […]
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