U.S. Agriculture Secretary Brooke Rollins said on Fox News on Thursday the Trump administration is “months away” from making a decision about whether to make payments to farmers to offset any impact from tariffs. President Donald Trump on Wednesday announced…

Contemplating smoking your way out of the tariff gloom? Think again. Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing….

The United States is in talks to invest billions of dollars in mineral-rich Congo and wants to help end a conflict raging in the country’s east, President Donald Trump’s senior adviser for Africa said during a visit on Thursday. Democratic…

PARIS – French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports. “Investments to come or investments announced in recent…

WASHINGTON – Billionaire Elon Musk will remain a friend and adviser to U.S. President Donald Trump and Vice President JD Vance, even after he leaves his role with the Department of Government Efficiency, Vance said in an interview with Fox…

DETROIT -Stellantis NV <STLAM.MI> said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump’s tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada. The…

VIENNA – The European Union’s countermeasures in response to U.S. President Donald Trump’s universal tariffs should target Republican-led states and tech firms so as to force him to the negotiating table, Austria’s economy minister said on Thursday. “We have to…

WASHINGTON – A U.S. judge will hold a hearing on Thursday over whether the Trump administration violated his order temporarily blocking the deportation of alleged Venezuelan gang members under a rarely-invoked 18th century law. Washington-based U.S. District Judge James Boasberg…

MOSCOW – Russia said on Thursday that threats of military strikes against its ally Iran were unacceptable and warned that attacking the Islamic Republic could lead to potentially catastrophic results if nuclear installations were bombed. U.S. President Donald Trump threatened…

BEIJING – China on Friday announced a slew of additional tariffs and restrictions against U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34% on…

GENEVA – Japan could lose $17 billion in car export potential in the U.S. following President Donald Trump’s decision to introduce 25% tariffs on the automotive sector, the International Trade Centre said on Friday. “Japan’s automotive sector comprises 20% of…

BRUSSELS – The sweeping new U.S. tariffs announced by President Donald Trump do not violate NATO treaties, the military alliance’s Secretary-General Mark Rutte said on Friday after meeting NATO foreign ministers in Brussels. Rutte was responding to a reporter’s question…

U.S. tech heavyweights, banks and oil majors extended losses on Friday after Beijing retaliated with additional duties of 34% on U.S. goods, amplifying investor concerns over an escalating global trade war that has stoked fears of a recession. Beijing’s tariffs…

BRUSSELS – The U.S. has no plans to immediately withdraw its military presence in Europe, despite its demands that European countries take care of their own defence, NATO Secretary General Mark Rutte said on Thursday. “There are no plans for…

The National Highway Traffic Safety Administration said on Thursday that it is recalling about 105,322 SUVs over concerns related to their seat belts. The recall impacts Ford Expedition and Lincoln Navigator vehicles from model years 2018 to 2020. The auto…

BERLIN – U.S. President Donald Trump will buckle under pressure from Germany and Europe in an escalating trade war, German Economy Minister Robert Habeck said on Thursday. “That is what I see, that Donald Trump buckles under pressure, corrects his…

LONDON/BENGALURU -Drugmaker stocks gained a temporary reprieve on Thursday as U.S. President Donald Trump spared pharmaceutical products from reciprocal tariffs, but executives and analysts warned it was premature to celebrate as tariffs were still likely to come. Trump imposed a…

U.S. stock index futures sank on Thursday after President Donald Trump’s sweeping tariffs against its trading partners heightened fears of an all-out trade war that could push the global economy into a recession. Global stocks slumped, government bonds jumped and…

DONGGUAN, China – Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the rest of…

Shares in European luxury companies dropped on Thursday after U.S. President Donald Trump announced new tariffs, including on goods from the European Union and Switzerland. The European Union was targeted with a 20% rate, while Switzerland with a 31% rate…

JERUSALEM – Israeli Finance Minister Bezalel Smotrich said on Thursday he was convening ministry officials to formulate a course of action to protect Israel’s economy in the wake of President Donald Trump’s decision to impose tariffs on exports. As part…

Countries across the world, including some of America’s closest allies, condemned President Donald Trump’s announcement of reciprocal tariffs and some pledged counter-measures while hoping the White House would be open to negotiations. China urged the United States to immediately cancel…

FUENMAYOR, Spain – Stockpiles of wine in Spain’s Rioja region have swelled since the pandemic, but producers’ hopes of offloading tannic reds into the U.S. market were dimming ahead of what President Donald Trump is calling his “liberation day” tariffs…

Volkswagen will introduce an “import fee” on vehicles affected by the 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday. The German automaker has temporarily halted rail shipments of vehicles from Mexico and will…

PARIS  – French President Emmanuel Macron will convene all representatives of business sectors hit by the import tariffs announced Wednesday by U.S. President Donald Trump at the Elysee palace later in the day, the French presidency said on Thursday. Trump…

Tornadoes ripped across a wide swath of the central and southern United States on Wednesday, destroying homes and businesses and bringing down power lines and trees. The National Weather Service said there had been at least 15 reports of tornadoes…

TOKYO -Japanese trading house Mitsubishi Corp said on Thursday it planned to invest at least 4 trillion yen ($27 billion) over the next three years to drive growth and aimed to lift its net profit to 1.2 trillion yen in…

LONDON – One of the Federal Reserve’s preferred recession indicators has this week deteriorated as fast as it did in 2008, the latest sign that bond investors are bracing for a sharp economic slowdown as a result of U.S. President…

BEIJING -China placed some rare earth elements under export restrictions on Friday as part of its sweeping response to President Donald Trump’s tariff package, potentially cutting the U.S. off from critical minerals vital to everything from smartphones to electric car…

WASHINGTON – The Trump administration moved forward with the sale of more than 20,000 U.S.-made assault rifles to Israel last month, according to a document seen by Reuters and a source familiar with the matter, pushing ahead with a sale…