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Trump announces 25% tariff on India and unspecified penalties for buying Russian oil
WASHINGTON (AP) — The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday. India “is our friend,” Trump said on his Truth Social platform, but its tariffs on U.S. products “are far too high.” The Republican […]
U.S., China begin new trade talks in Sweden
STOCKHOLM, Sweden (AP) — Top trade officials from China and the United States launched a new round of talks on Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies. U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days […]
US stocks add to their all-time high
NEW YORK (AP) — U.S. stocks are adding to their records on Monday as Wall Street nears the finish of a second straight winning month. The S&P 500 was 0.2% higher in early trading, its first trading after completing its stunning rebound from a springtime sell-off of roughly 20%. The Dow Jones Industrial Average was up 142 […]
The US and China are holding trade talks in London after Trump’s phone call with Xi
U.S. and China officials met in London to revive stalled trade talks, aiming to extend a 90-day tariff truce and address rare earth export concerns.
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
EU plans countermeasures against US steel tariffs
The EU warns of “defensive” actions if trade talks with the US fail, following surprise steel tariffs that shook global markets.
