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Treasury Secretary Scott Bessent asserted this morning that the Trump administration’s mantra of “America first” does not mean that it wants to be isolationist. He argued that it means the opposite. “America first does not mean America alone. To the contrary, it is a call for deeper collaboration and mutual respect among trade partners,” Bessent […]

PARIS (AP) — U.S. Secretary of State Marco Rubio said Friday that the U.S. may “move on” from trying to secure a Russia-Ukraine peace deal if there is no progress in the coming days, after months of efforts have failed to bring an end to the fighting. He spoke in Paris after landmark talks among […]

The U.S. will cease its attempts to negotiate a peace deal between Ukraine and Russia in the following days if there is no signal that an agreement is reachable, U.S. Secretary of State Marco Rubio said on April 18, Reuters reported. Speaking after meeting European and Ukrainian officials in Paris,

Australians are increasingly avoiding travel to the United States under Donald Trump’s second presidency, fresh data shows, with forecasters expecting tourist numbers to plummet further throughout the year. Official statistics from the US International Trade Administration reveal the number of visitors from Australia in March 2025 was down by 7% compared with March 2024 – […]

Since re-entering office, President Trump has issued a flurry of tariffs in an effort to rewire the global economy. On Wednesday, Mr. Trump unveiled his most aggressive policies to date, sparing few countries around the world. A 10 percent base line rate for the world went into effect on Saturday, with much higher ones for […]

President Trump’s tariffs mean that companies across the European Union and around the world are at risk of losing access to the world’s largest consumer market. Naturally, they are looking for the next big thing. Statistically speaking, that would mean China. The E.U. has the second-largest consumer market in the world behind America; China is […]

China has condemned the “unilateral bullying” practices of the US, as it urged Washington to immediately drop the enormous tariffs that have been placed on Chinese goods. Late on Wednesday night, the White House unveiled sweeping new tariffs on all imports to the US. Chinese goods, which . . .

US companies drop DEI from annual reports as Trump targets corporate values  Financial Times Source link

After President Donald Trump refused to rule out a recession and the U.S. stock market saw its steepest decline this year to date, there are growing concerns about the health of the economy and the disproportionate impact an economic downturn would have on Black households. Despite promising to usher America into its “golden age” and […]

US economy live: S&P 500 notches biggest weekly drop in 6 months despite post-jobs rally  Financial Times Source link


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