The U.S. government said Monday it is placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax will help rebuild the shrinking U.S. tomato industry and ensure that produce eaten in the U.S. is also grown there. Mexico currently supplies around…
US President Donald Trump meets with NATO Secretary General Mark Rutte (L) in the Oval Office of the White House in Washington, DC on July 14, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s secretary general, Mark Rutte, U.S….
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…
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Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
China’s exports saw a stronger-than-anticipated increase in June, according to official data released Monday. The rebound comes after a tentative agreement between Washington and Beijing to ease steep tariffs imposed during their prolonged trade dispute, News.Az reports, citing foreign media. Data from the General Administration of Customs said exports climbed 5.8 percent year-on-year, topping the…
President Donald Trump participates in a round table event at the Hill Country Youth Event Center to discuss last week’s flash flooding on July 11, 2025 in Kerrville, Texas. Chip Somodevilla | Getty Images No one likes working over the weekend. Unless you are the leader of the free world firing off social media posts…
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…
Anthony Albanese will use high-profile meetings with top business leaders in Shanghai today to heap praise on the Australian-Chinese economic relationship, while promising to back industry efforts to decarbonise China’s huge steel sector. Australian exports of coal and iron ore have been critical to China’s massive construction boom and poured hundreds of billions of dollars…
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…