U.S. and Chinese officials reported "substantial progress" in tariff negotiations held in Geneva, though specific details remain scarce. A joint statement is expected to be released on Monday.
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer concluded two days of high-level talks with Chinese Vice Premier He Lifeng in Geneva, marking a potential turning point in the ongoing trade dispute. While both sides described the discussions as "productive," they provided few specifics on the outcomes.
The trade war escalated after President Trump imposed tariffs up to 145% on Chinese imports, prompting China to retaliate with a 125% levy on U.S. goods. The bilateral trade deficit with China reached a record $263 billion, intensifying the urgency for a resolution.
President Trump expressed optimism, suggesting the negotiations could lead to a "total reset" of tariffs. U.S. officials indicated that the reset talks could stabilize global markets and restore bilateral trade.
A joint U.S.-China statement is anticipated, with follow-up meetings planned, including discussions with Chinese shipping executives visiting Washington. The White House aims to leverage U.S. economic power to open China's market for American exporters.
Baku Energy Week 2025 has become a dynamic platform for major energy stakeholders, spotlighting strategic oil, gas, and renewable projects that reinforce Azerbaijan’s global energy role and green ambitions.
Liberal candidate Lee Jae-myung is projected to win South Korea’s snap presidential election, according to a joint exit poll by major broadcasters, as the country turns the page on a political crisis triggered by former President Yoon Suk Yeol’s impeachment.
The European Union has not received a formal letter from the United States demanding that countries submit their best trade offers by Wednesday, a source familiar with the ongoing negotiations said, despite reports of such a document circulating in Washington.
Chinese authorities are probing the deaths of two Japanese nationals in Dalian, reportedly linked to a business conflict with their Chinese associate.
German Chancellor Friedrich Merz said on Tuesday that Germany will continue to reject asylum seekers at its borders, despite a court ruling deeming the practice unlawful, citing public safety and overburdened municipalities.
Baku Energy Week 2025 has become a dynamic platform for major energy stakeholders, spotlighting strategic oil, gas, and renewable projects that reinforce Azerbaijan’s global energy role and green ambitions.
Portuguese police have reopened the search for Madeleine McCann in the Algarve, acting on a German request, as investigators continue to pursue links to suspect Christian Brueckner.
Türkiye and Finland have signed a Defence Industry Cooperation Memorandum of Understanding (MoU) aimed at deepening collaboration between the two NATO allies through joint production, technology exchange, and the development of defence capabilities.
Liberal candidate Lee Jae-myung is projected to win South Korea’s snap presidential election, according to a joint exit poll by major broadcasters, as the country turns the page on a political crisis triggered by former President Yoon Suk Yeol’s impeachment.
Prime Minister Keir Starmer has launched a major defence overhaul to prepare Britain for modern threats, but experts warn that the lack of clear funding raises doubts about its viability.
On May 28, the inauguration ceremony of Lachin International Airport was held.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
French President Emmanuel Macron will meet Italian Prime Minister Giorgia Meloni on Tuesday in a bid to ease tensions over Ukraine, U.S. ties, and EU trade strategies, amid growing disagreements between the two leaders.
U.S. President Donald Trump has asked Japan to partner in developing his proposed $175 billion Golden Dome missile defense system. The move could influence ongoing tariff negotiations between the two nations.
Over 200 inmates escaped from a Karachi prison late Monday after earthquake tremors caused panic, prompting guards to unlock cells, according to Pakistani officials.
Portuguese police have reopened the search for Madeleine McCann in the Algarve, acting on a German request, as investigators continue to pursue links to suspect Christian Brueckner.
Baku Energy Week 2025 has become a dynamic platform for major energy stakeholders, spotlighting strategic oil, gas, and renewable projects that reinforce Azerbaijan’s global energy role and green ambitions.
Baku Energy Week 2025 has become a dynamic platform for major energy stakeholders, spotlighting strategic oil, gas, and renewable projects that reinforce Azerbaijan’s global energy role and green ambitions.
Portuguese police have reopened the search for Madeleine McCann in the Algarve, acting on a German request, as investigators continue to pursue links to suspect Christian Brueckner.
Türkiye and Finland have signed a Defence Industry Cooperation Memorandum of Understanding (MoU) aimed at deepening collaboration between the two NATO allies through joint production, technology exchange, and the development of defence capabilities.
Liberal candidate Lee Jae-myung is projected to win South Korea’s snap presidential election, according to a joint exit poll by major broadcasters, as the country turns the page on a political crisis triggered by former President Yoon Suk Yeol’s impeachment.
Prime Minister Keir Starmer has launched a major defence overhaul to prepare Britain for modern threats, but experts warn that the lack of clear funding raises doubts about its viability.
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