U.S Trade Representative Jamieson Greer, U.S Secretary of the Treasury Scott Bessent, Switzerland’s President Karin Keller-Sutter, Swiss Federal Councillor Guy Parmelin pose during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, May 9, 2025. Martial Trezzini | Via Reuters The stakes are high for the U.S. and China’s icebreaker trade talks … Read more
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. Trump said in the Oval Office that the deal includes “billions of dollars of increased market access for American exports,” and said the UK will “reduce or eliminate numerous non-tariff barriers that unfairly discriminated against American products.” Specifics … Read more
The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England. Richard Baker | In Pictures | Getty Images Britain is reportedly set to sign a trade deal with the U.S., making it the first … Read more
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty Images Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will meet with their Chinese counterparts in Switzerland this weekend to … Read more
President Donald Trump on Tuesday sharply questioned the United States’ trade relationship with Canada just minutes before he was scheduled to meet Canadian Prime Minister Mark Carney at the White House. Trump said on Truth Social that he was looking forward to meeting and working with Carney, but that he “cannot understand” why the U.S. … Read more
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the … Read more
The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a “tariff exclusion process” in order to keep the U.S. economy from falling into a recession and inflicting “irreparable harm” on small businesses. In a letter first obtained by CNBC, the massive business lobbying group asked key Trump trade officials to automatically … Read more
White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, ‘We really like where we’re at now,” and pointing to a surge in new domestic investment. “I got to say just one thing about today’s news, that’s the best negative print I have ever … Read more
GMC trucks are displayed at Hanlees Hilltop GMC in Richmond, California, on Jan. 28, 2025. Justin Sullivan | Getty Images DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday, but investors are more likely to focus on the automaker’s 2025 guidance than on quarterly results amid President Donald Trump‘s … Read more
US President Donald Trump speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Oval Office of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty Images President Donald Trump denied that a strong bond market sell-off influenced his decision earlier this month … Read more