U.S. doubles tariffs on steel and aluminum imports
The U.S. raised tariffs on imported steel and aluminum from 25% to 50% under President Trump’s order, urging trade partners to submit proposals to avoid additional tariffs set for early July.
U.S. President Donald Trump is set to meet Syrian President Ahmed al-Sharaa in Saudi Arabia, marking a significant diplomatic gesture as Washington lifts sanctions on Syria. The visit is part of Trump's four-day Gulf region tour, emphasizing economic cooperation and regional stability.
President Donald Trump will meet with Syrian President Ahmed al-Sharaa on Wednesday during his Middle East tour, following an announcement to lift longstanding sanctions on Syria. The meeting will take place in Riyadh, where Trump is also engaging with Gulf Cooperation Council leaders.
Ahmed al-Sharaa, a former commander with ties to al Qaeda who renounced the group in 2016, now leads Syria's interim government after the ousting of Bashar al-Assad. The interaction will be closely monitored as the U.S. recalibrates its relationship with Damascus.
Trump’s Gulf tour has seen major economic commitments, including $600 billion in Saudi investments in the U.S. and a $142 billion arms deal. In Qatar, Trump will meet Emir Sheikh Tamim bin Hamad al-Thani, with Qatar expected to announce substantial U.S. investments.
The tour will conclude in Abu Dhabi, where Trump will meet UAE leaders. A potential detour to Türkiye for a meeting involving Russian and Ukrainian presidents is also under consideration.
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.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A cargo ship carrying around 800 electric vehicles caught fire off Alaska, forcing its 22 crew members to abandon the vessel amid rising concerns over maritime EV fires.
Ukrainian President Volodymyr Zelenskyy has proposed a temporary ceasefire with Russia until a direct meeting with President Vladimir Putin can be arranged, as recent peace talks in Istanbul made only modest progress.
Chinese Foreign Minister Wang Yi met with U.S. Ambassador David Perdue on Tuesday in a meeting that underscored both the hope for improved bilateral relations and the mounting strain over critical mineral exports.
Sixteen NATO allies, providing more than 40 ships, 25 aircraft and approximately 9,000 personnel, will take part in the 54th iteration of Baltic Operations, or BALTOPS 25.
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