On Saturday, Araghchi held talks with US Middle East envoy Steve Witkoff in Muscat, the highest-level Iranian-US nuclear negotiations since the collapse of a 2015 accord. “Dr Araghchi will travel to Moscow at the end of the week,” said spokesman Esmaeil Baqaei, adding that the trip was “pre-planned” and would be “an opportunity to discuss […]
Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on US imports. Figures released by Beijing’s General […]
Lutnick’s comments on ABC’s “This Week” on critical gtechnology products were the latest twist in President Donald Trump’s tariff plans, which have upended the global trading order and roiled financial markets since they were announced on April 2, which Trump branded as “Liberation Day.” Late on Friday the Trump administration granted exclusions from the steep […]
The study, released on Thursday by the Ann Arbor, Michigan-based organization, found Detroit automakers Ford Motor (F.N), General Motors (GM.N), and Stellantis (STLAM.MI), maker of Jeeps and Ram trucks, specifically will see increased costs of $42 billion. The study found the Detroit Three could see tariffs of nearly $5,000 for the parts they import on […]
Trump made the comments during a Cabinet meeting opened to press. U.S. Treasury Secretary Scott Bessent said during the meeting that as they settle deals with countries, it will bring more certainty on trade policy. Trump claimed victory over Europe in the US tariffs war but acknowledged a “cost” to his surging trade offensive against […]
He was accompanied by a high-level delegation comprising Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar, Information and Broadcasting Minister Attaullah Tarar, and Special Assistant to PM Tariq Fatemi. During his visit, the prime minister will hold talks with President Lukashenko to review progress in areas of mutual interest. The two sides are […]
President Donald Trump’s administration has attempted to crack down on pro-Palestinian protests over U.S. ally Israel’s devastating military assault on Gaza after Palestinian Islamist group Hamas’s deadly October 2023 attack. “Today, U.S. Citizenship and Immigration Services (USCIS) will begin considering aliens’ antisemitic activity on social media and the physical harassment of Jewish individuals as grounds […]
Following the sweeping 10 percent tariffs imposed over the weekend, rates on imports to the United States from exporters, including the European Union and Japan, rose further on Wednesday. China — Washington’s top economic rival but also a major trading partner — is the hardest hit, with tariffs imposed on its products since Trump returned […]
China — Washington’s top economic rival but also a major trading partner — is the hardest hit, with tariffs imposed on its products since Trump returned to the White House now reaching a staggering 104 percent. Following the imposition of sweeping 10 percent tariffs that have rocked the global economy since coming into force over […]
Trump’s punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market, defined as 20% below its most recent high. S&P 500 […]
