World Trade Organization chief Ngozi Okonjo-Iweala said she was pleased with the positive outcome of U.S.-China trade talks in Geneva and urged both nations to build on this momentum by developing practical solutions that ease tensions, restore predictability, and bolster global trade.
World Trade Organization Director-General Ngozi Okonjo-Iweala said she was “pleased with the positive outcome” of the recent U.S.-China trade talks in Geneva and urged both countries to build on this momentum by continuing to develop practical solutions that mitigate tensions, restore predictability, and strengthen confidence in the multilateral trading system. She noted that sustained high-level engagement between the world’s two largest economies is critical not only for their bilateral relationship but also for the stability of vulnerable and emerging economies worldwide.
The talks followed two days of intensive negotiations in Geneva involving senior officials from both sides. Participants included U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, alongside Chinese Vice Premier He Lifeng and senior economic ministers. U.S. officials announced a preliminary deal to reduce the $295 billion annual trade deficit, with full details due to be disclosed on Monday. Greer described the outcome as “substantial progress,” paving the way for follow-up negotiations on tariffs and intellectual property issues.
The discussions marked the first in-person, high-level economic dialogue since U.S. tariffs of up to 145% and Chinese duties of up to 125% disrupted nearly $600 billion in annual trade.
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Trump said the U.S. and Iran were making progress in peace talks, though direct negotiations remain premature. Meanwhile, Israel, reportedly, struck senior Hezbollah and Hamas figures and tensions over Hormuz and Tehran’s nuclear programme continue.
Conflicts well beyond Southeast Asia are set to dominate talks as leaders from the Association of Southeast Asian Nations (ASEAN) regional bloc gather in the Philippines, with the crisis in the Middle East looming large over fuel‑import‑dependent economies.
The United States is closely monitoring American passengers aboard a luxury cruise ship affected by a hantavirus outbreak, the U.S. Centers for Disease Control and Prevention (CDC) said on 6 May.
A federal judge in New York released a handwritten document described as a suicide note purportedly written by late financier and convicted sex offender Jeffrey Epstein, nearly seven years after his death in a Manhattan jail cell. The document was released late Wednesday (6 May).
U.S. President Donald Trump said that Iran wanted to negotiate and make a deal in comments to reporters on Wednesday (6 May). But earlier, he warned Washington would ramp up attacks if no agreement was reached.
Argentinian authorities are reconstructing the journeys of Dutch citizens who presented with symptoms of deadly hantavirus after visiting Argentina and Chile as part of a luxury cruise trip, the country's Health Ministry said in a statement on Wednesday (6 May)
The United Arab Emirate said it was dealing with missile and drone attacks from Iran for the second day in a row on Tuesday (5 May), despite denials from authorities in Tehran who threatened a "crushing response" if the UAE retaliated.
The 61st Venice Biennale has opened under grey skies and political tension, with disputes over Russia and Israel, resignations on the jury, and protests marking the start of one of the art world’s most high-profile events.
The Formula 1 Azerbaijan Grand Prix 2026 will mark its 10th anniversary with a major entertainment programme in Baku, headlined by global pop star Katy Perry.
Conflicts well beyond Southeast Asia are set to dominate talks as leaders from the Association of Southeast Asian Nations (ASEAN) regional bloc gather in the Philippines, with the crisis in the Middle East looming large over fuel‑import‑dependent economies.
The United States is closely monitoring American passengers aboard a luxury cruise ship affected by a hantavirus outbreak, the U.S. Centers for Disease Control and Prevention (CDC) said on 6 May.
A federal judge in New York released a handwritten document described as a suicide note purportedly written by late financier and convicted sex offender Jeffrey Epstein, nearly seven years after his death in a Manhattan jail cell. The document was released late Wednesday (6 May).
Russia has restricted some mobile internet services ahead of Victory Day on Saturday (9 May), citing security concerns. The annual celebrations, marking victory over Nazi Germany in the Second World War, have been scaled back amid fears of attacks from Ukraine.
Ted Turner, the CNN founder who pioneered the 24-hour news cycle, has died aged 87, the network reported on Wednesday (6 May), citing a Turner Enterprises press release. He died surrounded by family.
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