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South Korea, U.S. aim for package deal before tariff pause ends in July, Seoul says South Korea and the United States agreed to craft a package of deals aimed at removing new U.S. tariffs before the pause on reciprocal tariffs are lifted in July, Seoul's delegation said after the first round of trade talks in Washington.
Trump Organization sells 'Trump 2028' hat and T-shirt, fueling fresh questions about attempt to seek third White House term The U.S. Constitution's 22nd Amendment says, "No person shall be elected to the office of the President more than twice." Trump was elected in 2016 and 2022.
German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.
Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk The Bank of England is focused on the potential U.K. growth shock from U.S. tariffs if there is a slowdown in global trade, the central bank's governor Andrew Bailey said Thursday.
China says no ongoing trade talks with the U.S., calls for canceling 'unilateral' tariffs U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.
Tariffs give Europe an opportunity to assert itself as a superpower, central bank governor says The uncertainty around trade tariffs is complex but a period of uncertainty also provides Europe with an opportunity to assert itself, the governor of the Bank of Latvia said.
U.S.' inability to replace rare earths supply from China poses a threat to its defense, warns CSIS As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies.