US Secretary of State Marco Rubio said there's a high chance President Trump and Chinese leader Xi Jinping will meet this year, after a positive meeting with China's Wang Yi in Malaysia. Rubio emphasised that both sides want to improve ties and reset global trade fairly.
Russia will not change its course if the US imposes 500% secondary tariffs, Deputy Foreign Minister Sergey Ryabkov said. He noted over 30,000 sanctions have already been imposed, and President Putin claimed the sanctions hurt the West more than Russia, RT reported.
US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met twice at the ASEAN summit in Malaysia to discuss the Ukraine war. Both sides signaled openness to dialogue. Rubio also met China's Wang Yi, amid rising US-China tensions and upcoming US tariffs on Asian nations.
Businesses across the world are hesitating to make significant investment decisions because of rising global policy uncertainty due to tariffs and geopolitical conflicts, according to a report released by SBI Funds Management.
In the letter, Trump threatened to increase the tariff rate by the same amount if Canada decides to increase their tariffs on importing American products.
US President Donald Trump has threatened a 50% tariff on Brazilian goods over the trial of ex-President Bolsonaro, calling it a "Witch Hunt." Brazil vowed to retaliate. Trump also announced a 50% copper tariff citing national security. Several countries face similar trade threats amid ongoin
China has agreed to sign ASEAN's nuclear weapon-free treaty, boosting regional diplomacy amid US tariff threats. At the Kuala Lumpur summit, leaders including Marco Rubio and Sergey Lavrov met as ASEAN seeks balance between major powers. The US faces criticism over trade policies, Al Jazeera
The meeting occurred just days after President Donald Trump expressed frustration with Russian President Vladimir Putin for not engaging in peace talks regarding the Ukraine conflict.
India could emerge as a major beneficiary of the United States' latest tariff policy as Washington may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital.
In the letter written to Brazilian President Luiz Inacio Lula da Silva on Wednesday (local time), Trump said he knew and worked with Bolsonaro and respected him greatly.
The White House has shared letters sent by Trump to heads of these seven nations, which mentioned the tariffs they will face while exporting goods to the US.