The standoff between the world’s largest economies turned into a full-fledged trade war Friday, with China raising tariffs on imported goods from the U.S. to 125 percent and claiming further American levies would be seen around the globe as a “joke.”
Trade between the world’s two largest economies could soon come to a standstill as the U.S. and China dig in on trade war.
The United States and Panama have agreed to secure the strategic Panama Canal after Washington expressed concern about China’s perceived threats in the world’s busiest waterway.
Asian shares climbed, and a manic bond selloff stabilized on Thursday after U.S. President Donald J. Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.
European allies are urging the United States to coordinate its plans to reduce thousands of troops from Europe amid concerns it could leave the continent vulnerable to attacks from Russia and other nations.
resident Donald Trump ordered a 90-day pause on his wave of reciprocal tariffs on Wednesday, but he turned up the pressure on China boosting his 104% tariff on imports from China to 125%.
Iran has delivered long-range missiles to its militia proxies in Iraq, expanding its military influence despite warnings from President Donald Trump to hold Tehran accountable for its proxies’ actions, the Times of London reported.
Major stock indexes sank in Asia Wednesday, and similar moves were due in Europe as U.S. President Donald J. Trump’s eye-watering 104 percent tariffs on China took effect.
Rescuers frantically searched for survivors after a deadly roof collapse at an iconic nightclub in the Dominican Republic’s capital killed at least 67 people, including politicians, athletes, and others attending a merengue concert.
The White House said Tuesday that President Donald Trump remains willing to make deals with other nations, but only if doing so will help American workers and address U.S. trade deficits.
Stock futures rose in after-hours trading Monday with investors preparing to pick up cheap shares after the carnage linked to the tariffs announced by U.S. President Donald J. Trump.
The European Union said Monday it was scaling back its response to U.S. President Donald J. Trump’s tariffs on imported goods and even offered a “zero-for-zero” tariff deal to avoid a trade war.
Catholic Church leaders have condemned the perceived inaction by Haiti’s government after two nuns were among five people killed in an attack by a coalition of street gangs.
A frail Pope Francis urged prayers for Ukraine on Sunday on the day that Russia claimed to have captured two villages in the east and south of the war-torn nation despite talks of a ceasefire by U.S. President Donald J. Trump stumble. The latest fighting happened while Ukrainian President Volodymyr Zelensky’s hometown plunged into mourning after one of the deadliest Russian attacks there so far.
Asia’s stock markets tumbled, and the S&P 500 Futures, which indicate future values of U.S. traded stocks, dropped 3 percent Monday as there was no indication that U.S. President Donald J. Trump would be prepared to avoid a global trade war over his announced tariffs.
Ukrainian President Volodymyr Zelenskyy’s hometown plunged into mourning Saturday after at least 19 people reportedly died and scores were injured in Russian missile and drone strikes over the weekend.
Thousands of protesters cheered in Seoul Friday as they watched a broadcast announcing that South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol.
As the Israeli prime minister visited the nation, Hungary announced Thursday that it would withdraw from the International Criminal Court (ICC) in The Hague.
The secretary general of the NATO military alliance on Thursday mourned four American soldiers who were killed during a military exercise in Lithuania.
European Central Bank head Christine Lagarde warned Wednesday that U.S. President Donald Trump’s planned tariffs will have a negative impact worldwide, with the damage depending on how far they go, how long they last, and whether they lead to successful negotiations.