Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Perhaps the most striking element of the phone call between Donald Trump and Vladimir Putin was how differently the two presidents interpreted their conversation about the war in Ukraine. Source link
Russian President Vladimir Putin said he wants to discuss a proposed ceasefire in Ukraine with his US counterpart Donald Trump, though he warned that any truce should lead to a long-term resolution of the war. “The idea itself is correct and we certainly support it, but there are issues that we need to discuss,” Putin…
It’s been a bleak period for US stocks. If this risk aversion continues, will we see the Fed put or the Trump put first? And is the era of US stock market exceptionalism over? Will the US yield curve continue to steepen in 2025? And how much further can the dollar decline? Click here to…
China said it would hold nuclear talks with Iran and Russia, discussions that come just after the Trump administration urged Tehran to return to negotiate a new deal over its atomic activities. “The three parties will exchange views on the Iranian nuclear issue and other issues of mutual interest,” China’s Foreign Ministry said in a…
Subscribe to Trumponomics on Apple PodcastsSubscribe to Trumponomics on Spotify On this week’s episode of Trumponomics, we ask what it is exactly US President Donald Trump may be trying to accomplish with his tariff threats and trade wars. Host Stephanie Flanders, Bloomberg’s head of government and economics, is joined by Anna Wong, chief US economist…
Supply Lines is a daily newsletter that tracks global trade. Sign up here. China’s antitrust watchdog is laying the groundwork for a potential probe into Apple Inc.’s policies and the fees it charges app developers, part of a broader push by Beijing that risks becoming another flashpoint in the country’s trade war with the US….
The US Postal Service is temporarily suspending inbound international packages from China and Hong Kong Posts, potentially delaying or blocking shipments from retailers like Shein and PDD Holdings Inc.’s Temu. USPS said letters and flat mail from China and Hong Kong would not be affected, according to a statement on its website. Source link
US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners. So far he’s implemented 10% levies on China; delayed plans to hit Mexico and Canada with a 25% duty tax; and indicated that he’s coming for the European Union next. Yet beyond all…
Supply Lines is a daily newsletter that tracks global trade. Sign up here. Panama is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to people with knowledge of the situation, a potential concession to defuse President Donald Trump’s threats about countering China’s influence around…
President Xi Jinping has a nickname in China. Instead of calling him directly by name, people commonly use Da Da, or Mr. Big. After all, he is the nation’s most powerful politician in decades, serving a precedent-defying third term. He also dares to challenge the world’s biggest economy, and China’s only real rival, promoting a…