A 90-day truce has been declared between the United States and China to end the trade war. Both countries have agreed to reduce tariffs to resolve trade disputes.
U.S. Trade Representative, Robert Lighthizer, stated that the U.S. will reduce the tariff rate on Chinese products from 145% to 30%. In return, China has agreed to lower its tariffs on U.S. goods to 10%. This statement was made during a press conference following a meeting between the delegations of both countries in Geneva.
The announcement from both global economic powers has led to a sharp rise in global stock markets.
Russia laid out strict demands for ending the war during peace talks in Istanbul, calling on Ukraine to cede territory and limit its military.
UK Trade Minister Jonathan Reynolds is set to meet U.S. Trade Representative to discuss the next steps in a complicated tariff deal, amid steel tariffs that could impact British industry.
The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
Russian shelling killed at least five people on Monday in different frontline areas of eastern Ukraine, officials said.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
Russia laid out strict demands for ending the war during peace talks in Istanbul, calling on Ukraine to cede territory and limit its military.
UK Trade Minister Jonathan Reynolds is set to meet U.S. Trade Representative to discuss the next steps in a complicated tariff deal, amid steel tariffs that could impact British industry.
Russian shelling killed at least five people on Monday in different frontline areas of eastern Ukraine, officials said.
The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
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.
Russia laid out strict demands for ending the war during peace talks in Istanbul, calling on Ukraine to cede territory and limit its military.
UK Trade Minister Jonathan Reynolds is set to meet U.S. Trade Representative to discuss the next steps in a complicated tariff deal, amid steel tariffs that could impact British industry.
Russian shelling killed at least five people on Monday in different frontline areas of eastern Ukraine, officials said.
The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
Russia laid out strict demands for ending the war during peace talks in Istanbul, calling on Ukraine to cede territory and limit its military.
UK Trade Minister Jonathan Reynolds is set to meet U.S. Trade Representative to discuss the next steps in a complicated tariff deal, amid steel tariffs that could impact British industry.
Russian shelling killed at least five people on Monday in different frontline areas of eastern Ukraine, officials said.
The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
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