Trump’s historic new tariffs are now in effect. Here’s what you need to know
President Donald Trump just enacted a new wave of tariffs on dozens of America’s trading partners, marking a substantial escalation in ongoing trade tensions that could constitute the biggest change…
Brazil’s Lula rejects direct tariff talks with Trump: media report
As US tariffs on Brazilian goods jumped to 50 percent on Wednesday, Brazil’s President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for…
Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing
President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go…
Trump says there’s a ‘good chance’ he’ll meet with Putin, but no ‘breakthrough’ in Witkoff’s Moscow trip
US President Donald Trump said Wednesday there was a “very good prospect” of a summit meeting soon with Russia that could lead to an end to the war in Ukraine.…
Chinese embassy in UK strongly opposes former British PM’s visit to island of Taiwan
In response to former British Prime Minister Boris Johnson visiting Taiwan who has called on Western countries to build economic relations with Taiwan, the Chinese Embassy in the UK said…
US services sector stalls in July amid rising tariffs and weakening job market
The US services sector effectively stagnated in July as firms – faced with tepid demand and rising costs – reduced headcount, according to a Bloomberg report on Tuesday local time.…