Brazil's Finance Minister Fernando Haddad stressed Tuesday that US President Donald Trump's decision to impose 25% tariffs on steel and aluminum imports was “counterproductive” to the global economy. “The global economy loses with this, with this retraction, with this de-globalization that is happening,” he added.
United Nations (UN) Secretary-General António Guterres Tuesday urged the terrorist group Hamas not to drop the plan to release Israeli hostages in exchange for convicted Palestinians. The Portuguese diplomat urged both sides of the conflict to avoid hostilities and carry on with the second stage of the ceasefire. Hamas had announced it would not abide by the deal after Israel allegedly violated the truce.
Two state-owned Conviasa planes departed from El Paso, Texas, on Monday, carrying the first group of Venezuelan deportees under the agreement between United States President Donald Trump and his counterpart, Nicolás Maduro. The operation comes just two weeks after Maduro met with Trump’s envoy, Richard Grenell, in Caracas—a meeting marked by the U.S. flag flying once again at Miraflores Palace.
US President Donald Trump's announcement that he planned to impose tariffs on European products to even up the trade scale would be illegal and economically counterproductive, the European Commission (EC) warned in a statement. It would also affect international trade and production chains, it went on.
US President Donald Trump announced this weekend that 25% tariffs would be applied to all steel and aluminum imports effective immediately. “Any steel coming into the United States is going to have to have a 25% tariff. Also aluminum. 25% for both,” Trump said aboard Air Force
Brazilian President Luiz Inácio Lula da Silva was harshly critical of his US colleague Donald Trump's announcement that his country would take over the Gaza Strip and turn it into the Riviera of the Middle East. “Nobody is going to make a beautiful place on top of thousands of dead bodies of women and children,” said Lula during a radio interview in Bahia State.
Citing potential irreparable harm, US Federal Judge Paul A. Engelmayer Saturday blocked Elon Musk's Department of Government Efficiency (DOGE) from accessing specific records within the Treasury Department, thus acquiescing to a request from New York Attorney General Letitia James and 19 States under Democratic rule.
The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions. According to a piece published by BBC, Mr. Bailey said he was “following extremely closely” whether the Trump administration would change its support for the International Monetary Fund (IMF) and the World Bank.
The International Criminal Court (ICC) Friday condemned US President Donald Trump's sanctions against the United Nations tribunal while pledging to keep working. The Republican leader's move was deemed an attempt to “harm its independent and impartial judicial work.”
Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”