BEIJING – China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs, and called on Washington for “equal-footed consultation” after global markets’ dramatic reaction to the trade levies, which drew Chinese retaliation. Several Chinese commerce…

CERNOBBIO, Italy – Italian Economy Minister Giancarlo Giorgetti warned on Saturday against the imposition of retaliatory tariffs on the United States in response to U.S President Donald Trump’s announcement of sweeping tariffs on trade partners. Speaking at a business forum…

SINGAPORE/LONDON -Emerging economies worldwide are bracing for sliding currencies and a possible deterioration of their sovereign credit after U.S. President Donald Trump’s tariffs brought levies on U.S. imports to their highest levels in 100 years. The worse-than-expected tariff blitz hits…

MADRID – Hundreds of thousands marched across 40 Spanish cities on Saturday to protest against soaring rents and a lack of affordable homes in a country that enjoys Europe’s fastest economic growth and yet suffers from a severe housing shortage…

LONDON/CHICAGO -Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump’s aggressive tariffs. Safe-haven gold was down for a second day,…

A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump’s reciprocal tariffs announcement, according to two sources familiar with the matter. The…

BEIJING/SINGAPORE -China’s retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing’s move towards alternative suppliers for agricultural goods including Brazil, a shift that began during the trade war of U.S. President Donald Trump’s first term. Beijing unveiled…

NEW YORK -Global stock markets and oil prices tumbled again on Friday as China struck back against U.S. President Donald Trump’s tariffs and worries mounted about a prolonged global trade war. The Nasdaq Composite was headed toward a bear market,…

WASHINGTON – The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department…

JOHANNESBURG -South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump this week and will instead seek to negotiate exemptions and quota agreements, senior government officials said on Friday. Trump imposed…

NEW YORK -Volatility measures across global financial markets jumped on Friday and Wall Street’s top “fear gauge” soared to an eight-month high as China imposed fresh tariffs on all U.S. goods in response to President Donald Trump’s sweeping levies. The…

UK shares fell sharply on Friday and are poised to end the week with substantial losses, as recession fears intensified after China retaliated against U.S. President Donald Trump’s announcement of sweeping tariffs. As of 1110 GMT, the blue-chip FTSE 100…

The U.S. dollar rose against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged the repercussions of larger-than-expected U.S. tariffs and signaled a cautious tone on future easing. Powell said tariffs increased…

TOULOUSE, France -France’s industry minister called on Friday for a proportionate but firm response to U.S. tariffs and said Europe wanted to avoid a damaging trade escalation, with the door open to negotiation. Speaking to reporters at an Airbus factory…

HOUSTON-Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ramped up tariffs on U.S. goods, sharply escalating a global trade war that has investors worried about a…

LAHNAU, Germany – After 25 years of building industrial equipment in the United States, German engineering firm WIWA faces a dilemma that could completely reshape its transatlantic operations after President Donald Trump implemented sweeping duties on foreign imports. Though it…

OTTAWA -Canada’s total employment fell and the unemployment rate ticked up in March, data showed on Friday, as the uncertainty around tariffs and their subsequent implementation forced companies to pause hiring and spurred some layoffs. The country shed a net…

NEW DELHI -Sri Lanka is ready to engage with the United States in strengthening trade relations, the island nation said on Friday, committing to substantially reduce tariff and non-tariff barriers that hinder trade and investment. U.S. President Donald Trump’s government…

GENEVA  – Two months after President Donald Trump announced a halt to U.S. engagement with the United Nations Human Rights Council, Washington is influencing its work by applying pressure publicly and behind the scenes, seven diplomats and rights workers said….

BRUSSELS – European foreign ministers at a NATO meeting blamed Russia on Friday for thwarting a U.S. push for peace in the Ukraine war, in a clear bid to persuade the Trump administration to take a harder line towards Moscow….

PARIS – The European Union should not respond to U.S. President Donald Trump’s reciprocal tariffs with exactly the same counter-measures as it would impact EU consumers, French Finance Minister Eric Lombard said on Friday. Trump on Wednesday unveiled sweeping tariffs…

SYDNEY – Prime Minister Anthony Albanese said on Friday his government was working on a plan for Australian superannuation firms to buy the strategically located Darwin port from its Chinese owner on national interest grounds. Then U.S. President Barack Obama…

BEIJING/BRUSSELS/PARIS – China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout. Beijing…

MOSCOW – Russia must take extra measures to minimise the negative impact on its economy from global market turbulence due to tariffs imposed on countries around the world this week by U.S. President Donald Trump, the Kremlin said on Friday….

JERUSALEM – Israeli troops moved into an area of northern Gaza to expand what they call a security zone around the edge of the enclave, the military said on Friday, days after the government announced plans to seize large areas…

MEXICO CITY – President Donald Trump’s “Liberation Day” appeared set to end North American free trade and Mexico’s privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump’s global tariffs list, with analysts suggesting the omission…

WASHINGTON – The Pentagon’s Inspector General’s office announced on Thursday it was opening a probe into Defense Secretary Pete Hegseth’s use of an unclassified commercial texting application to coordinate the March 15 launch of U.S. strikes on Yemen’s Houthis. “The…

WASHINGTON- The U.S. Senate on Thursday overwhelmingly rejected a bid to block $8.8 billion in arms sales to Israel over the human rights crisis facing Palestinians in Gaza following Israel’s bombardment of the enclave and suspension of humanitarian aid deliveries….

New Civil Liberties Alliance, a conservative legal group, on Thursday filed what it said was the first lawsuit seeking to block Donald Trump’s tariffs on Chinese imports, saying the U.S. president overstepped his authority. The lawsuit, filed in federal court…

GOTHENBURG, Sweden – Volvo Cars’ new top executive said on Thursday the company would produce more cars in the United States while ramping up its regionalisation efforts, just as a 25% U.S. tariff on global autos takes effect. European companies…