Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that the European Union should agree to open its markets for U.S. exports to convince President Donald Trump to…
Putin BOMBARDS Kharkiv; Ukraine Emergency Services Take Cover As Russian Kamikaze Drones Strike Russia unleashed a wave of destruction across Ukraine using guided bombs, ballistic missiles, and kamikaze drones, striking multiple cities overnight. Kharkiv suffered the brunt of the assault, with dramatic footage showing emergency workers taking cover amid renewed Russian attacks. Fires erupted, buildings…
EDINBURGH, Scotland (AP) — Donald Trump is meeting Sunday with European Commission President Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates now that the White House’s deadline to impose stiff tariff rates is looming. Donald Trump played golf Saturday at…
WASHINGTON (AP) — President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. It’s an astonishing figure, but still subject to negotiation and perhaps not the sure thing he’s portraying. “Japan is putting up $550 billion in order to lower…
Ursula von der Leyen (CDU), President of the European Commission, stands in the European Parliament building and speaks. Picture Alliance | Picture Alliance | Getty Images European Commission President Ursula von der Leyen will meet with U.S. President Donald Trump in Scotland over the weekend, aiming to reach a framework trade agreement shortly before a…
EDINBURGH, Scotland (AP) — President Donald Trump played golf Saturday at his course on Scotland’s coast while protesters around the country took to the streets to decry his visit and accuse United Kingdom leaders of pandering to the American. Trump and his son Eric played with the U.S. ambassador to Britain, Warren Stephens, near Turnberry,…
EU diplomats briefed on the matter told POLITICO they are expecting a 15 percent U.S. baseline tariff deal before Trump’s Aug. 1 deadline. “Everyone is quite tense,” said an EU diplomat. ‘They kept coming back’ Trump announced tariffs on 60 trading partners in April, ranging up to 50 percent. The U.S. president said any deal with…
European Commission President Ursula von der Leyen told Chinese leader Xi Jinping that the bloc’s ties with his country “have reached an inflection point,” opening a summit shadowed by tensions spanning trade to the war in Ukraine. “As our cooperation has deepened, so have the imbalances,” von der Leyen said on Thursday, according to her…
BRUSSELS (AP) — European leaders are meeting with top Chinese officials in Beijing on Thursday to discuss trade, climate change and global conflicts, with observers saying expectations were low for any solid agreements. The talks, initially supposed to last two days but scaled back to one, come amid financial uncertainty around the world, wars in…
Top representatives from the European Union will meet with Chinese President Xi Jinping and other key leaders Thursday, their first in-person summit since 2023 that’s exposing a divide between the bloc and Beijing just months after earlier signs of a possible detente. Tensions spanning trade to the war in Ukraine are casting a pall over…