You’ve got to raise an eyebrow at the chutzpah of the United States demanding to know how Australia would behave militarily in the event of a Chinese conflict with Taiwan when its own president is the epitome of unreliable and unpredictable. It’s the equivalent of one partner in a marriage demanding that they receive an…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
Trump announces tariffs on European Union, Mexico starting in August – CBS News Watch CBS News President Trump issued new threats in his global trade war, aiming at two more of America’s biggest trading partners on Saturday. Willie James Inman reports. Be the first to know Get browser notifications for breaking news, live events, and…
European leaders on Saturday responded to President Donald Trump‘s announcement that he would apply a 30 percent tariff on goods from the European Union (EU) effective August 1. In a statement issued midday on Saturday, European Commission President Ursula von der Leyen stressed the EU’s commitment to “dialogue, stability, and a constructive transatlantic partnership.” Leaders…
Trump fires off more than 20 letters to trade partners as tariff threats escalate – CBS News Watch CBS News President Trump sent tariff letters to more than 20 countries urging them to reach trade deals with the U.S. by Aug. 1, further escalating threats to partners including Canada. Trump also announced a 50% tariff…
WASHINGTON — President Trump will soon travel to China — likely to talk tariffs and other issues, Secretary of State Marco Rubio revealed Friday following a meeting with his counterpart from Beijing. “President Trump’s been invited to visit China. It’s a visit he wants to undertake, and so we’ll work on finding the right date…
Global backlash grows to Trump’s tariff threats – CBS News Watch CBS News President Trump on Thursday threatened to impose a 35% tariff on Canadian goods beginning Aug. 1. Mr. Trump’s latest salvo came after he also threatened tariffs on a number of other countries earlier in the week, including Japan and South Korea. Kelly…
The United States should not use tariffs to bully other countries, China said on Friday, as U.S. Secretary of State Marco Rubio played down the possibility that tariffs could enable China to forge closer ties with angry U.S. allies. Rubio, in Malaysia for a Southeast Asian regional meeting, said he had positive talks with his…
By Lisa Baertlein LOS ANGELES (Reuters) -U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump’s administration to follow through on a promise to essentially ban that vital cargo-handling equipment. The United States Trade Representative (USTR) earlier this year proposed tariffs of up…
The Shanghai Composite index was barely changed, holding at 3,510.18. (Reuters pic) HONG KONG: China stocks gave up most of their gains and closed flat today, weighed down by a drop in bank shares, while Hong Kong shares held on to gains after a Goldman upgrade. At market close, the Shanghai Composite index was barely…