President Donald Trump ended all trade talks with Canada after revelations that Ontario’s government used the late president Ronald Reagan’s voice in a deceptive commercial criticizing U.S. tariffs — igniting a Reagan ad scandal.
U.S. Treasury Secretary Scott Bessent issued one of the Trump administration’s sharpest rebukes of Beijing to date, warning Monday that China is financing war and is threatening global stability amid growing U.S.-China trade tensions.
The United States and the European Union announced that a deal has been reached, demonstrating their commitment to "fair, balanced, and mutually beneficial trade and investment."
President Donald Trump announced a sweeping new trade agreement with South Korea Thursday evening, securing $350 billion in Korean investments into the U.S. economy and committing Seoul to a $100 billion purchase of American energy. The agreement also imposes a 15 percent tariff on South Korean goods, significantly undercutting the country's long-standing advantages in the U.S. auto market.
South Africa’s top foreign policy official is accusing the United States of jeopardizing a trade agreement by demanding reforms to controversial domestic policies. With the August 1 deadline for a deal fast approaching, Director-General Zane Dangor claimed U.S. focus on “non-trade” issues—specifically Black Economic Empowerment (BEE)—is the primary obstacle to reaching an agreement.
President Donald Trump has struck a historic trade deal with European Commission President Ursula von der Leyen, drawing both praise and fury across the European continent. The agreement, which promises $750 billion in EU energy purchases, up to hundreds of billions in U.S. military hardware, and $600 billion in EU investment in American businesses, comes at the cost of a 15% baseline tariff on European imports to the United States.
