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South Korea’s President Lee Jae-myung hopes to clinch a trade agreement with the US ahead of a looming July deadline, according to his nominee for prime minister, after a high-stakes meeting with Donald Trump was called off at the last minute.
President Donald Trump on Monday marked the signing of a new trade deal with the United Kingdom at the G-7 summit in Canada — but the announcement with Prime Minister Keir Starmer quickly went off the rails. As Trump announced they had “just signed a document” the papers slipped from his folder and fell to the ground.
South Korea will step up efforts to secure a trade deal in negotiations with the United States in the next few weeks, Seoul's top negotiator said on Tuesday, after political turmoil at home had dampened its progress in tariff talks.
Pakistan and US officials held high-level tariff talks on Monday and aim to finalize a trade agreement at the earliest, Islamabad said in a statement, as the South Asian nation pushes for relief from retaliatory duties imposed by President Donald Trump.
President Trump returned to Washington on Tuesday to deal with the war between Iran and Israel, as the two sides exchanged deadly fire for a fifth day and Israeli officials pressed the United States to join its military campaign against Tehran.
Indonesia posted a trade surplus of $4.9 billion in May based on preliminary customs data, the finance minister said on Tuesday, which would be the country's biggest monthly surplus in more than two years.
Red Sox chief baseball officer Craig Breslow and team president Sam Kennedy are meeting with the media on Zoom to discuss the trade of Rafael Devers to the Giants.
IT budgets were under pressure before these developments, with Gartner projecting worldwide IT spending to grow by 9.3% in 2025. Coupled with global trade tensions increasing the price of essential IT equipment imports such as laptops, desktops, servers, GPU and networking gear, businesses need to consider what costs they can cut now.
U.S. trading partners hope face time with the president in Canada can serve as a breakthrough for stalled negotiations.
Is inflation going to speed up again? Are businesses going to stop hiring? Are people going to cut spending? So many questions for Federal Reserve officials, but so few answers ahead of their meeting this week.
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