US President Donald Trump called Vladimir Putin on Monday after meeting with the Ukrainian president and European leaders at the White House and urged the Russian leader to start planning a summit with Volodymyr Zelensky. The proposal put forward by Trump is for a one-on-one summit between the leaders of Ukraine and Russia, followed by […]
US President Donald Trump said he would announce new Federal Reserve governors and new employment data statisticians in the coming days. Against the backdrop of a worrying global economic growth trajectory, these two appointments could affect his economic agenda. Trump made the remarks to reporters on Sunday as he was returning to the White House […]
US President Donald Trump warned after speaking to European leaders ahead of his meeting with Russian President Vladimir Putin that he would impose “very serious consequences” if Putin did not agree to a ceasefire deal later this week. Trump also said that after being urged by allies to push for a summit, he hopes to […]
U.S. Treasury Secretary Scott Bessent denied that Chinese investment in the United States could be part of any trade agreement, a statement that narrows the options for both sides to resolve the current dispute. When asked whether China would make multi-billion-dollar commitments in its trade agreements as Japan, South Korea and the European Union have […]
US President Donald Trump has extended the suspension period for imposing high tariffs on Chinese goods by 90 days until early November to stabilize trade relations between the world’s two largest economies. Trump signed an order extending the truce in the trade war until November 10 and postponing the tariff hikes that were due to […]
Parag Thatte, a strategist at Deutsche Bank, said that since the beginning of 2020 (before the worst of the pandemic), computer-guided traders have never been as bullish on stocks as human traders. These two types of people form their views based on different clues, so it is not surprising that they have different opinions on […]
Indian Prime Minister Narendra Modi discussed trade issues with the Brazilian prime minister and is expected to visit China in August for the first time in seven years against the backdrop of deteriorating Sino-US relations. In a statement, the Brazilian government said that President Luiz Inácio Lula da Silva and Modi discussed the issue of […]
US President Donald Trump has doubled tariffs on Indian goods to 50% as a punishment for India’s purchase of Russian oil. This move has exacerbated the dispute between India and this important Asian partner and sparked anger in New Delhi. The White House said on Wednesday that Trump signed an executive order imposing a 25% […]
US President Donald Trump said that he was “very close to reaching a deal” with China to extend the trade truce, with the two sides agreeing to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies. Trump told CNBC in an interview: “It’s not necessary, but I think we’ll […]
Facing the tariff threat from US President Donald Trump, Indian Prime Minister Narendra Modi took a tough stance, urging its citizens to purchase domestic goods, while the Indian government stated that it would continue to buy Russian oil. People familiar with the matter told Bloomberg that the Modi government has not instructed Indian refiners to […]