President Trump took the world aback with his declaration that the United States was going to “own” Gaza and move out the Palestinians there to build “the Riviera of the Middle East.” As unrealistic and bizarre as it may seem, Mr. Trump was pointing to a serious challenge: the future …
The United States Postal Service made an about-turn on Wednesday and said it would continue to accept packages from mainland China and Hong Kong, reversing a decision to temporarily halt those deliveries after an order by President Trump that ended duty-free handling of many smaller parcels. The Postal Service’s halt …
Two weeks into President Trump’s sweeping freeze on foreign aid, H.I.V. groups abroad have not received any funding, jeopardizing the health of more than 20 million people, including 500,000 children. Subsequent waivers from the State Department have clarified that the work can continue, but the funds and legal paperwork to …
Citi cuts Nvidia target ahead of earnings, still sees 37% upside Citi cut its price target on Nvidia ahead of its earnings report later this month. Analyst Atif Malik reduced the 12-month price target to $163 from $175 previously. The new forecast still represents a 37% rally from Tuesday’s close …
It was a hectic Monday morning for Peter Mandelson, who was packing up his home before heading to Buckingham Palace for an audience with King Charles III, on the eve of becoming Britain’s ambassador to the United States. But the stress of leaving London may not compare to what awaits …
Prime Minister Justin Trudeau of Canada went for a threat of immediate retaliation and a late-night emotional address that produced a cliffhanger compromise. President Claudia Sheinbaum of Mexico opted for carrots over sticks, and backroom talks that led to an early deal. In the end, when all was said and …
The people running CRG Automation are not openly rooting for global economic chaos, but they concede that they are in a perfect position to profit from it. The more that international trade is challenged by uncertainty — like President Trump’s threatened tariffs, or conflicts and crises that impede shipping — …
Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the …
To broad relief across her country, President Claudia Sheinbaum of Mexico announced on Monday that she had forestalled a plan by the Trump administration to impose 25 percent tariffs on Mexican goods. Initially set to go into effect at the stroke of midnight, the tariffs have been delayed by a …
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to position themselves for a global trade war. Canada and Mexico face 25% duties on their exports to the U.S., with a lower 10% levy imposed on Chinese goods. Canada has …