US President Donald Trump fired National Security Adviser Mike Waltz Thursday following a scandal involving a Signal group chat that mistakenly included a journalist and revealed sensitive military plans against Houthi targets in Yemen. The March 15 incident exposed operational details, including strike timings and targets, and implicated Defense Secretary Pete Hegseth. Waltz's explanations were deemed inadequate, and he was criticized for poor staff vetting and ineffective foreign policy coordination.
The United States was granted access Wednesday to Ukraine’s rare earth minerals, critical for electronics, clean energy, and weapons, in exchange for establishing a joint investment fund. The economic partnership agreement signed in Washington after tense negotiations ensures Ukraine's full ownership of its resources while both nations contribute equally to and manage the fund.
The International Monetary Fund's (IMF) April 2025 Global Economic Outlook, released Tuesday in Washington, revised global and regional economic forecasts downward due to the US-initiated trade war and associated uncertainties.
By Wang Wen for South China Morning Post (*) - A viral political cartoon circulating in China shows US President Donald Trump dressed in the imperial robes of the Qing dynasty. He is likened to Empress Dowager Cixi, who in 1900 effectively declared war on the Western powers in China, a disastrous move that helped accelerate the collapse of imperial China
Argentine President Javier Milei met with US Treasury Secretary Scott Bessent at Casa Rosada to discuss strengthening bilateral ties, focusing on a potential trade agreement aligned with US President Donald Trump’s reciprocal tariffs proposal.
Brazilian President Luiz Inácio Lula da Silva enacted the so-called Reciprocity Law on Friday, whereby the federal government can react whenever countries or economic blocs create measures restricting Brazilian exports, be it in the form of surcharges or objections to the origin of the product. The measure is to be published in Monday's issue of the Diário Oficial da União (Federal Official Gazette).
US President Donald Trump Wednesday announced a 90-day freeze on reciprocal tariffs for most countries, reducing them to a 10% baseline, while raising tariffs on Chinese goods to 125%, effective immediately. The decision followed negotiations with over 75 nations interested in new trade terms, spurred by Trump’s initial tariff announcements last week.
US President Donald Trump has escalated the trade war with China by imposing a 104% tariff on all imports from that country, effective immediately, the White House announced Tuesday. This follows China’s retaliatory 34% tariff on US goods to take effect on Thursday.
Israeli Prime Minister Benjamin Netanyahu Monday said at the White House that his Government would eliminate tariffs and trade barriers on US imports to address the trade deficit with Washington. He made those remarks amid global market declines of over 7%, triggered by tariffs imposed by President Donald Trump, which amount to 17% in the case of Israel.
US stocks experienced significant volatility Monday amid a global trade war sparked by President Donald Trump’s tariffs. In addition, Washington threatened China to impose an additional 50% surcharge if Beijing does not retract its own 34% increase by Tuesday.