President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
The European Union and the U.S. will form a "metals alliance" to counter the impact of subsidised Chinese production on global markets, as part of their ongoing trade deal, EU Trade Commissioner Maros Sefcovic said Monday. Following extensive talks, both sides agreed that their steel and aluminium sectors face a common threat. Under the deal, EU metal producers will receive tariff-free or low-tariff access to U.S. markets through a quota system, replacing former 50% tariffs imposed under President Trump. The system is still being finalized. "It became very, very clear that if it comes to...
President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April. Trump told reporters his administration will notify some 200 countries soon of their new "world tariff" rate. "I would say it'll be somewhere in the 15 to 20% range," Trump told reporters, sitting alongside British Prime Minister Keir Starmer at his luxury golf resort in Turnberry, Scotland. "Probably one of those two numbers." Trump, who has vowed to end...
The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs. The majority of Fed policymakers, though, remain concerned that Trump's tariffs could undo progress on bringing inflation back to the central bank's 2% goal, outweighing for now worries about the labor market. The trade deal struck between the U.S. and Japan last week, with tariffs set at...
U.S. President Donald Trump set a new deadline on Monday of 10 or 12 days for Russia to make progress toward ending the war in Ukraine or face consequences, underscoring frustration with Russian President Vladimir Putin for the 3-1/2-year-old conflict. Trump has threatened both sanctions on Russia and buyers of its exports unless progress is made. The fresh deadline suggests the U.S. president is prepared to move forward on those threats after previous hesitation to do so. Speaking in Scotland, where he is holding meetings with European leaders and playing golf, Trump said he was...
US President Donald Trump said he would reduce the 50-day deadline he gave Russian leader Vladimir Putin to reach a ceasefire with Ukraine, saying he was disappointed with his counterpart over the ongoing war. "I'm disappointed with President Putin, very disappointed with him. So, we'll have to see, and I'll reduce the 50 days I gave him to a shorter time," Trump told reporters in Scotland on Monday as he welcomed British Prime Minister Keir Starmer for a meeting. Trump earlier this month issued a 50-day deadline and threatened severe economic sanctions against Russia if it did not end...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...