BRASILIA – Brazilian President Luiz Inacio Lula da Silva said on Wednesday that his nation will be reciprocal on tariffs announced by the United States, but noted the Latin American country will “use every word for negotiation that is in…

WASHINGTON  – The U.S. Senate on Wednesday confirmed Ronald Johnson, a former CIA officer and ambassador to El Salvador, as ambassador to Mexico, amid ties strained by President Donald Trump’s tariff policy and talk he might send in troops to…

WASHINGTON -The United States Postal Service said on Wednesday it wants to raise the price of first-class mail stamps to 78 cents from 73 cents effective July 13. The proposal, which must be approved by the Postal Regulatory Commission, would…

WASHINGTON -U.S. Treasury Secretary Scott Bessent on Wednesday said he thinks the Trump administration can reach tariff deals with U.S. allies as he prepares to lead negotiations with more than 70 countries in coming weeks, warning that moves to align…

WASHINGTON – U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.

A U.S. appeals court cleared the way on Wednesday for 18 federal agencies to once again fire thousands of employees who lost their jobs as part of President Donald Trump’s purge of the federal workforce but were later reinstated by…

WASHINGTON – FBI Director Kash Patel was removed as the Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives and replaced by U.S. Army Secretary Daniel Driscoll, seven people familiar with the matter said on Wednesday. Driscoll will…

PANAMA CITY – U.S. Defense Secretary Peter Hegseth said on Wednesday he sees the Panama Canal as key terrain that Panama should secure together with the United States and not with China, adding it was important to protect it from…

WASHINGTON – U.S. Trade Representative Jamieson Greer told lawmakers on Wednesday that President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was up to Trump whether to impose any…

Elon Musk’s xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county’s health department….

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to President Trump’s plan to boost oil output. Trump’s pledge…

The U.S. corporate bond market has shut again after opening for just one bond offering on Tuesday, as spreads in the week after President Donald Trump’s Liberation Day tariffs have widened the most since 2023’s regional banking crisis. Since Trump’s…

BEIJING/BRUSSELS/WASHINGTON -China and the European Union announced new trade barriers on U.S. goods on Wednesday in response to steep duties imposed by U.S. President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of…

NEW YORK – U.S. judges said on Wednesday they would impose new limits on President Donald Trump’s attempts to deport alleged Venezuelan gang members under a wartime law, after the U.S. Supreme Court struck down a broad ban on such…

GENEVA -China told the World Trade Organization on Wednesday that the United States’ decision to impose what it has called reciprocal tariffs on Beijing threatens to further destabilise global trade. “The situation has dangerously escalated. …As one of the affected…

NEW YORK – JPMorgan Chase CEO Jamie Dimon said on Wednesday that sweeping tariffs imposed by U.S. President Donald Trump will probably lead to a recession and defaults by borrowers, he told Fox Business’ Mornings with Maria. “So long as…

WASHINGTON – How concerned Federal Reserve officials were over stagflation risks as they met last month may become more clear on Wednesday in a readout of a gathering held before President Donald Trump’s April 2 tariff announcement shook markets and…

WASHINGTON  -The head of U.S. forces for the Indo-Pacific, Admiral Samuel Paparo, said on Wednesday he would be advocating “most strongly” for the continuation of USAID funding to the Pacific Islands region, where U.S. influence is being contested by China….

LONDON -The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider “reciprocal measures” to offset any fees charged to U.S. ships, a diplomatic note said. Delegates are at the…

BEIRUT -As calls for Lebanon’s Hezbollah to disarm gain momentum, a senior Hezbollah official told Reuters the group is ready to hold talks with the Lebanese president about its weapons if Israel withdraws from south Lebanon and stops its strikes….

WASHINGTON – China’s move to impose 84% retaliatory tariffs against the United States is unfortunate and a losing proposition for Beijing, U.S. Treasury Secretary Scott Bessent said on Wednesday. “I think it’s unfortunate that the Chinese actually don’t want to…

MOSCOW – Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that bombing Iran would not pave the way to peace with, and that Moscow hoped that talks between the U.S. and Iran may help to avoid a crisis. Answering…

WASHINGTON – U.S. Attorney General Pam Bondi will lead a Justice Department effort to enforce gun rights protected under the Second Amendment to the U.S. Constitution, according to a memo seen by Reuters on Tuesday. The effort will use lawsuits…

WASHINGTON – U.S. Agriculture Secretary Brooke Rollins said on Tuesday that new deals could be struck with other countries over trade tariffs by the end of this week. Rollins made the comments in an interview to Fox News host Bret…

U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of…

NAIROBI -Eight people in South Sudan, including five children, died on a three-hour walk to seek medical treatment for cholera after U.S. aid cuts forced local health services to close, the UK-based charity Save the Children said on Wednesday. The…

PANAMA CITY -The United States will “take back” the Panama Canal from Chinese influence, U.S. Defense Secretary Pete Hegseth said on Tuesday during a visit to the Central American nation. After talks with Panama’s government, Hegseth vowed to deepen security…

NEW YORK – A violent U.S. Treasury selloff, evoking the COVID-era “dash for cash,” has reignited fears of fragility in the world’s biggest bond market. The $29-trillion Treasury market had surged in recent weeks as investors dumped stocks for the…

LONDON – A British lawmaker has introduced a private member’s bill that would set new rules around debt restructurings in a push to speed up negotiations for poor countries struggling with unsustainable debt. Bambos Charalambous, who introduced the bill late…

SYDNEY – Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set to press ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four-year lows as global recession fears gripped…