U.S. Secretary of the Treasury Scott Bessent, China’s Vice Minister of Finance Liao Min, U.S. Trade Representative Jamieson Greer, and China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, meet on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 11, 2025. Keystone/eda/martial Trezzini | Via Reuters…
A general view shows container terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | Reuters The trade truce reached between the U.S. and China arrived just as President Donald Trump’s tariffs took a big bite out of North American & Asian manufacturing, with a steep retreat in April purchasing activity after the rush…
Reuters Canadian Prime Minister Mark Carney has unveiled a new team, promising “decisive action” on his ambitious economic agenda – amid a trade war with the US and President Donald Trump’s repeated remarks undermining Canada’s sovereignty. The new cabinet of 28 ministers and 10 secretaries of state marks some significant changes, including a new foreign…
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China…
Watch: US and China are ready to talk tariffs – who will blink first? Donald Trump says there has been a “total reset” in US-China trade relations following the first day of talks between American and Chinese officials in Switzerland. In a social media post, the US president described the talks as being “very good”…
Ana Faguy BBC News Reporting fromPort Huron, Michigan BBC At the end of a waitressing shift, Kristina Lampert used to separate her tips in two piles: Canadian cash and American. But it’s been weeks since she has done that. Freighters, the restaurant where she works, is one of the first places people can grab a…
Britain’s Prime Minister Keir Starmer speaks to employees at a car factory in the West Midlands, Britain, on May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the three major U.S. indexes back-to-back winning…
Bank of England Governor Andrew Bailey attends the central bank’s Monetary Policy Report press conference at the Bank of England, in the City of London, on May 8, 2025. Carlos Jasso | Afp | Getty Images Bank of England Governor Andrew Bailey told CNBC on Thursday that the U.K. was heading for more economic uncertainty,…
Britain’s Prime Minister Keir Starmer speaks on the phone to U.S. President Donald Trump at a car factory in the West Midlands, Britain, Thursday, May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the…
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. But many specifics about the deal were not immediately clear, and nothing was…
