U.S. and China to Hold Economic Talks in London

President Trump said on Friday that the United States and China would begin their second round of economic talks on Monday in London, resuming negotiations over tariffs and global supplies of rare earth minerals that have begun to threaten global economic growth. The American delegation will be led by Treasury Secretary Scott Bessent, Commerce Secretary … Read more

European Union Unveils Fresh Sanctions on Russia, Including a Nord Stream Ban

The European Union’s executive arm unveiled its latest package of sanctions against Russia, aiming to apply pressure to President Vladimir V. Putin by damaging the nation’s energy and banking sectors. The sanctions proposed on Tuesday — which still need to be debated and passed by member states — would ban transactions with the Nord Stream … Read more

Trump Hails Progress With China, but Details Are Sketchy

President Trump said Wednesday that the United States and China had struck a deal to roll back some of the punitive measures they had taken against each other’s economies in recent months, including his administration’s recently proposed restrictions on Chinese students attending U.S. universities. The agreement followed two days of marathon negotiations in London, and … Read more

Lesotho Has Few Options to Counter 50% U.S. Tariffs

In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners were meeting on Wednesday to strategize their response. For a country with an economy worth just $2.1 billion, few options are on the table. Ga6789 Mr. Trump imposed a 50 percent tariff on Lesotho, … Read more

Delta Warns Trump’s Trade War Could Lead to a Recession

Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing on its business and the global economy. In an interview with CNBC on Wednesday, Delta’s chief executive, Ed Bastian, said a recession was possible as companies pulled back spending. “Everyone’s being prepared for … Read more