U.S. and Chinese officials have shaken hands, at least for now, on a 90-day ceasefire in their tit-for-tat trade war, agreeing to roll back some of their recently imposed tariffs. This is a story about two heavyweight economies, a global marketplace on edge, and the everyday folks with skin in the game. The stock markets responded with a bounce in their step. The two biggest … [Read more...] about US and China Agree to 90-Day Trade War Truce, Slash Tariffs in Breakthrough Deal
International Relations
Trump Proposes Major Tariff Reduction on Chinese Imports Ahead of Crucial Trade Talks
President Donald Trump is dangling the bait of cutting tariffs on China to 80%, a move that seems calculated to take some heat out of the ongoing trade war. The statement was made on Trump's stomping ground, Truth Social, where he voiced his sentiments in simple terms: "80% Tariff on China seems right!" Top U.S. brass, including Treasury Secretary Scott Bessent and U.S. … [Read more...] about Trump Proposes Major Tariff Reduction on Chinese Imports Ahead of Crucial Trade Talks
The Truce Trump is Playing with Russia-Ukraine
President Donald Trump is calling for a 30-day ceasefire, an unconditional truce, between Russia and Ukraine. The stakes couldn't be higher. If this temporary peace is not upheld, Trump, in line with Washington and its allies, warns of further sanctions being imposed. Ukraine, seemingly thirsty for peace, is ready to embrace this U.S. proposition for an immediate 30-day … [Read more...] about The Truce Trump is Playing with Russia-Ukraine
Sen. Graham Urges Aggressive Response: ‘Time to Hit Iran Hard’
Senator Lindsey Graham is advocating for a more aggressive stance toward Iran. The South Carolina Republican recently encouraged Israel to consider dismantling Iran's oil infrastructure and to maintain their offensive against the Iran-backed Houthi terrorists in Yemen. This, of course, follows a series of airstrikes by Israeli forces on Yemen's Hudaydah Port in response to a … [Read more...] about Sen. Graham Urges Aggressive Response: ‘Time to Hit Iran Hard’
Bessent and Greer Set for High-Level Meeting With Chinese Officials in Switzerland
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are slated to meet with China's top economic official, presumably Vice Premier He Lifeng, in Switzerland this week. This is being viewed as a preliminary step towards potential negotiations over President Donald Trump's tariffs, which have been a point of contention between the two economic … [Read more...] about Bessent and Greer Set for High-Level Meeting With Chinese Officials in Switzerland