Impact of US tariffs varies across European Union
US President Donald Trump announced on Sunday that the United States was imposing 15-percent tariffs on all European Union countries. These countries are not all equally exposed to the US market and so will not suffer the same consequences when the duties kick in on August 1. In terms of value, Germany is by far […]
Coca-Cola will launch version with U.S. cane sugar after Trump push
The Coca-Cola Co. said Tuesday that it will launch a version of its signature drink made with American cane sugar. The announcement comes days after President Donald Trump posted on Truth Social that he had “been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so.” […]
Starbucks receives bids for stake in China business: US media
Starbucks has received around 30 offers from investment firms seeking a stake in the company’s China business, US media reported Wednesday. The coffee chain’s China business, its second biggest after its US operation, drew non-binding offers from a mix of Chinese and foreign private equity firms valuing the enterprise at between $5 and $10 billion, […]
Top TikToker Khaby Lame detained by US immigration
US immigration agents detained and later allowed the “voluntary departure” of the world’s most-followed TikToker, Khaby Lame, after he “overstayed” his visa, authorities said Saturday. “US Immigration and Customs Enforcement detained Seringe Khabane Lame, 25, a citizen of Italy, June 6, at the Harry Reid International Airport, Las Vegas, Nevada for immigration violations,” the agency […]
US-China trade talks in London enter their second day
The U.S. and China held a second day of talks Tuesday in London aimed at easing their trade dispute, after President Donald Trump said China is “not easy” but the U.S. was “doing well” at the negotiations. A Chinese delegation led by Vice Premier He Lifeng met U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade […]
US stocks drift closer to their record as Wall Street waits to see what US-China talks will bear
U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of trade talks between the United States and China. The S&P 500 rose 0.5% as talks between the world’s two largest economies carried into a second day. The Dow Jones Industrial Average added 105 points, or 0.2%, and the […]
US aerospace industry anxious as tariffs loom
US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus the sector has enjoyed for more than 70 years. At the request of President Donald Trump, Commerce Secretary Howard Lutnick’s department launched an investigation on May 1 to […]
Chinese consumer prices continue to fall as US trade talks loom
Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world’s second biggest economy struggles with sluggish spending and global trade turmoil. Beijing has failed to boost sluggish domestic consumption since the end of the pandemic, threatening official growth targets and complicating its ability to shield its economy from […]
Undocumented migrants turn to Whatsapp to stay ahead of US raids
Fearing a US immigration raid will separate her from her children, an undocumented Honduran immigrant hunkers down in her Washington home, anxiously scouring a WhatsApp group for real-time updates on nearby sweeps. Rosario, a 35-year-old mother of two, practically lives in hiding in the face of US President Donald Trump’s sweeping campaign to arrest and […]
Author of explosive Meta memoir to star at US Senate hearing
The former Facebook employee behind a scathing book about parent company Meta will testify Wednesday before US senators keen to establish whether the social networking giant ever collaborated with the Chinese government. Former global policy director Sarah Wynn-Williams has alleged the company explored the possibility of breaking into the lucrative Chinese market by appeasing Beijing’s […]
