Russia and North Korea opened the first road bridge across their narrow stretch of border Monday, creating a new physical link between the two countries as they expand cooperation. North Korea only shares a 17-kilometer (10.5-mile) border with Russia, a tiny part of its porous northern border that stretches more than 1,400 kilometers (870 miles)
ASHEVILLE, N.C. — Treasury Secretary Scott Bessent says he’s urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances. Bessent told reporters that he had warned other nations at the beginning of President Donald Trump’s second term that
President Donald Trump announced Friday that his administration will allow more beef to be temporarily imported into the U.S. without triggering higher tariffs, which drew swift pushback from cattle producers and conservative rural-state Republicans. Beef prices have climbed to record highs amid a drop in the number of U.S. cattle, consistent consumer demand and limits on cattle from
In both of his administrations, President Donald Trump has wielded tariffs as a means of discouraging trade relationships with China, as well as incentivizing American reshoring, but this strategy may be backfiring. As Trump’s import tax plan continues to fluctuate, some U.S. companies who initially moved away from China are now reinvesting in suppliers there.
WASHINGTON– The United States is imposing 25% tariffs on imports from Brazil after finding a variety of what it considered unfair trade practices by the world’s 10th largest economy. The rates, which were first proposed last month, will go into effect on July 22. The order exempts some goods that are not produced in the
According to UN experts and other analysts, more than half (and by some estimates up to 70%) of Sudan’s gold is smuggled out of the country each year. The RSF controls most of the gold deposits in Darfur and Kordofan, in the western and central parts of the country, while the Sudanese army oversees production
