05:00
German Chancellor Merz to visit Trump next week
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Trump, Putin agree to Russia-Ukraine energy infrastructure ceasefire for 30 days
Reuters
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
The two countries plan to begin negotiations "immediately" in the Middle East on a maritime ceasefire in the Black Sea, according to a readout from the White House.
"The leaders agreed that the movement to peace will begin with an energy and infrastructure ceasefire, as well as technical negotiations on implementation of a maritime ceasefire in the Black Sea, full ceasefire and permanent peace," the White House readout said.
Trump had been pressuring Putin to agree to a U.S.-backed 30-day ceasefire that Ukraine has already accepted as part of a move toward a permanent peace deal to end Europe's biggest conflict since World War Two. The war has killed or wounded hundreds of thousands of people, displaced millions and reduced entire towns to rubble.
03:01
Trump to double steel tariffs to 50%
President Donald Trump announced that he will increase steel tariffs from 25% to 50%, a move that could push up costs for industries relying on steel, including housing and auto manufacturing.
02:15
Wall Street ends week mixed as Trump accuses China of trade deal breach
U.S. stocks wrapped up the week with a mixed finish after President Donald Trump accused China of breaking a recent trade agreement, reigniting global market jitters just weeks after a deal was struck in Geneva.
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