Inside the box—which had been rushed from South Korea to Washington on a Korean Air flight—sat 10 red baseball caps bearing the slogan “Make America Shipbuilding Great Again,” or MASGA. U.S. and Korean flags adorned the hats. Along with the hats came a pledge: Seoul promised to spend $150 billion to help the U.S. revive…
Ukrainian President Volodymyr Zelenskyy earlier Friday accused Moscow of dragging out peace talks in a bid to hold off American sanctions, which Trump has threatened to impose on Russia and its trading partners if the Kremlin does not show more efforts toward ceasefire negotiations. A Russian airstrike on Thursday hit a U.S. electronics factory operating…
Canada’s U.S. trade minister on Trump tariffs Canada’s U.S. trade minister says country is “obviously disappointed” by Trump tariffs 07:34 Canada will remove retaliatory tariffs on many U.S. products that are covered under the U.S.-Mexico-Canada Agreement, or USMCA, Prime Minister Mark Carney said at a press conference on Friday. The move by the Canadian prime…
Indian benchmark indices Sensex and Nifty ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%,…
New details on U.S.-European Union trade deal framework – CBS News Watch CBS News The Trump administration and the European Union are sharing new information about a trade framework between the EU and United States. CBS News senior business and technology correspondent Jo Ling Kent has the details. Source link
Updated on: Aug 22, 2025 10:14 am IST Chinese ambassador Xu Feihong Xu said China will stand with India to uphold the multilateral trading system at a time when the US is using tariffs. In another sign of warming ties between Beijing and New Delhi, Chinese ambassador Xu Feihong has expressed solidarity with India against…
Walmart reported better than expected quarterly revenue as inflation-battered shoppers flocked to its stores — but the retail giant’s shares were poised to drop as costs from Trump’s tariffs cut into profits. The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target….
Despite a barrage of new tariffs imposed by the Trump administration this year on dozens of U.S. trade partners, the prices of goods and services across the U.S. have defied many economists’ expectations and remained relatively stable. Economists caution that just because tariffs have yet to trigger a renewed bout of inflation, there is no…
Chinese Foreign Minister Wang Yi arrived in New Delhi on Monday for a two-day visit viewed by many as the first indication of a thaw in relations between two rivals. The last such meeting took place in 2020 after a border clash heightened tensions between China and India, which have long been locked in a…
S&P Global Ratings reaffirmed its AA+ credit rating for the U.S., saying that new revenue raised by the Trump administration’s tariffs will help offset the tax cuts authorized by the Republicans’ One Big Beautiful Bill Act. The credit ratings agency, which issued its new assessment of the nation’s fiscal health late Monday, said that it…