Category: International Relations

Targeting Brazil, Trump Tests Legal Limit of His Tariff Powers

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.
Thune Says Russia Sanctions Vote Could Come as Soon as This Month

Momentum has been building behind a bipartisan bill to impose sanctions on countries that purchase Russian oil, as Republicans work behind the scenes to win President Trump’s support.
What Is a Trade Deal? Trump Takes an Expansive View.

The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very limited or one-sided.
Trump Keeps Foreign Countries on Edge as Tariff Deadline Nears

The president is again threatening higher tariff rates on a dozen foreign nations, as a deadline elapses this week for making trade deals.
Canada Shipping Natural Gas to Asia as It Looks Beyond the US for Trade

A tanker is headed to South Korea with a first shipment of liquefied natural gas from Canada, which hopes to reduce its export reliance on its neighbor.
OPEC Plus Agrees to Pump More Oil in August

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.
Iran Looks to BRICS for Allies, Testing a New World Order

The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military strikes on Iran are testing its unity.
Why China Isn’t Lecturing Trump About His Costly Bill

Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.
North Korea Beach Resort Opens With Fanfare but No Foreigners

The Kalma Beach resort town, one of Kim Jong-un’s most ambitious projects aimed at attracting foreign tourists, may not draw the waves of visitors he wants.
Trump’s Threat of More Tariffs Slows Trade Deals

As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.
As Trade Deadline Nears, Europe Preps for a Scant Outline of a Deal

President Trump’s administration once promised 90 deals in 90 days. When it comes to the European Union, it may be more of a framework.
Stocks Rise and Oil Prices Fall as Israel-Iran Cease-Fire Begins

A second day of declining oil prices helped lift stocks. Energy costs are a primary expense for companies, making them an important factor in inflation calculations.