The White House’s tariffs have been well received, Donald Trump told Kristen Welker, of NBC News, last week, adding that the stock market had just hit a new high. Trump was right about the market, but he didn’t mention why investors were bidding up the S. & P. 500 and Nasdaq to unprecedented levels despite…
European markets mostly fell Monday as investors digested President Trump’s latest trade war salvos, which saw him threaten to hit the European Union and Mexico with 30% tariffs starting on August 1. Mr. Trump’s threat came after a series of announcements last week that included warnings of a possible 50% levy on all copper imports…
“A turning point regarding the Russian invasion of Ukraine is coming,” said Republican Senator Lindsey Graham, who is behind a proposal to impose “bone-crushing” tariffs on Russian exports. “For months, President Trump tried to entice Putin to the peace table. He has left the door open regarding Russia. That door is about to close,” he…
If a week is a long time in politics, after a bruising fortnight of wrestling with the world’s two superpowers, the European Union could be forgiven for thinking it has aged several decades. The bad news for the bloc’s bureaucrats is that they may have an even trickier few weeks to navigate before they are…
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…