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Andrea Shalal
U.S. President Donald Trump speaks to the press before boarding Air Force One as he departs for Iowa at Joint Base Andrews in Maryland on Thursday.
WORLD
Jul 4, 2025
Trump eyes simple tariff rates over complex talks, sending letters on Friday
President Trump said he preferred to notify most countries of a specific tariff rate, skipping detailed negotiations.
World Bank President Ajay Banga at the Milken Institute Global Conference in California on May 5
BUSINESS
Jun 12, 2025
World Bank to end ban on nuclear energy projects, but undecided on upstream gas
The global development bank, which lends at low rates to help countries build everything from flood barriers to railroads, decided in 2013 to stop funding nuclear power projects.
The Port of Los Angeles, in San Pedro, California. The World Bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
BUSINESS / Economy
Jun 10, 2025
World Bank slashes global growth forecast as trade tensions bite
The bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
U.S. Secretary of Treasury Scott Bessent (L) and Chinese Vice Premier He Lifeng (R) shake hands as they pose for a photo during trade discussions at the Lancaster House in London on Monday.
BUSINESS
Jun 10, 2025
U.S.-China trade and minerals talks in London set to extend to second day
Washington and Beijing are trying to revive a temporary truce struck in Geneva that had briefly lowered trade tensions and calmed markets.
The trouble between U.S. President Donald Trump and Elon Musk started brewing days ago, when Musk denounced Trump's sweeping tax-cut and spending bill.
WORLD / Politics
Jun 6, 2025
Trump and Musk trade barbs on social media as alliance crumbles
Within hours of Trump criticizing Musk in the Oval Office, the once-close relationship had disintegrated in full public view.
U.S. President Donald Trump at the U.S. Steel Corporation Irvin Works facility in West Mifflin, Pennsylvania, on Friday
BUSINESS / Markets
Jun 4, 2025
U.K. avoids doubled U.S. steel and aluminium tariffs as countries eye trade pact
The U.S. announcement, which exempts British steel and aluminum from a doubling of tariffs to 50%, came in a proclamation that will raise metals tariffs for other countries.
U.S. President Donald Trump shakes hands with Britain's ambassador to the United States, Peter Mandelson, after announcing a trade deal with the U.K., in the Oval Office at the White House in Washington on Thursday.
BUSINESS / Economy
May 9, 2025
Trump and Starmer hail limited U.S.-U.K. trade deal, but 10% duties remain
Trump pushed back against seeing the U.K. deal as a template for other negotiations, saying that many other trading partners may end up with much higher final tariffs.
The Hollywood sign is framed by palm trees as Donald Trump unveils a 100% tariff on films made outside of the U.S., in Los Angeles, California, on Monday.
BUSINESS / Economy
May 6, 2025
Trump tariff order on movies leaves film industry flummoxed
Tariffs on movies might prove more difficult to implement than even the highly integrated North American automobile industry.
The Hollywood Sign in Los Angeles in 2024. U.S. President Donald Trump says the U.S. movie industry is dying a "very fast death" due to the incentives that other countries are offering to draw American filmmakers.
BUSINESS
May 5, 2025
Saying Hollywood is dying, Trump orders 100% tariff on non-U.S. movies to save it
No details were provided on how the tariffs would be implemented.
U.S. Secretary of Commerce Howard Lutnick listens to U.S. President Donald Trump speak during an event to sign executive orders in the Oval Office of the White House in Washington on April 23.
BUSINESS / Markets
Apr 30, 2025
Trump eases auto tariff burden as Lutnick touts foreign trade deal
A group representing Toyota, Volkswagen, Hyundai and nine other foreign automakers said Trump's order provided some relief but that "more must be done."
U.S. Treasury Secretary Scott Bessent speaks outside the White House in Washington on Wednesday. Bessent appears to have taken a larger role in articulating U.S. President Donald Trump's trade policies to financial markets.
BUSINESS / Economy
Apr 11, 2025
Amid turmoil over tariffs, Bessent rises in Trump trade world
Multiple sources close to the White House said the former hedge fund manager was giving the U.S. president the best counsel among a team of advisers on trade.
U.S. President Donald Trump walks in the Rose Garden at the White House in Washington on Wednesday, the day of his remarks on tariffs.
WORLD / Politics
Apr 4, 2025
For Trump, tariff gamble brings political risk
If his promises to recast the economy don't work out, it could cause political headwinds for his party and economic pain for his constituents.
A U.S. flag flies in front of the consulate of the United States in Nuuk, Greenland, on Monday. A U.S. delegation led by Usha Vance, wife of Vice President JD Vance, is visiting Greenland this week.
WORLD / Politics
Mar 25, 2025
Trump doubles down on U.S. claims to Greenland
Outgoing Greenland Prime Minister Mute Egede dubs plans by a U.S. delegation to visit an American military base and attend a dog sled race in the territory a "provocation."
Cars parked at the port in Bayonne, New Jersey, in 2021
BUSINESS / Markets
Mar 25, 2025
Stocks rise as Trump hints at delays to auto tariffs and relief for some
U.S. markets ended Monday broadly higher on optimism that the tariffs set to be detailed next week may not be as extensive as expected.
A protester stands near the U.S. Department of Education headquarters in Washington on March 12.
WORLD
Mar 20, 2025
Trump will sign order to shut down Department of Education, White House says
Abolishing the Department of Education would be the first attempt by the U.S. president and his billionaire adviser Elon Musk to shut down a cabinet-level agency.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
The administration of U.S. President Donald Trump and Ukraine plan to sign a minerals deal that fell through on Friday, sources said.
WORLD / Politics
Mar 5, 2025
U.S. and Ukraine now plan to sign minerals deal, sources say
The deal from last week offered Kyiv no explicit security guarantees but gave the U.S. access to Ukraine's natural resources.
A Rohingya girl feeds a child from a jar carrying the USAID logo at a refugee camp in Cox's Bazar, Bangladesh, on Feb. 11.
WORLD / Politics
Mar 3, 2025
USAID official put on leave after warning of deaths due to Trump's aid block
The Trump administration announced last week that it was canceling nearly 10,000 foreign aid grants and contracts worth almost $60 billion, ending about 90% of USAID's global work.
U.S. President Donald Trump hosts his first cabinet meeting at the White House in Washington on Wednesday.
BUSINESS
Feb 27, 2025
Trump sows confusion on timing of tariffs for Canada and Mexico
Trump's comments on the timing of the tariffs prompted jumps in the value of the Canadian dollar and Mexican peso versus the greenback.

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