Russia reacts to US oil sanctions, calls them ‘extremely’ counterproductive

Russia reacts to US oil sanctions, calls them ‘extremely’ counterproductive

Russia’s foreign ministry said on Thursday that U.S. energy sanctions were extremely counterproductive from the perspective of finding peace in Ukraine.Russian goals in Ukraine remain unchanged, and the root causes of the conflict need to be resolved, Russian Foreign Ministry spokeswoman Maria Zakharova told reporters in Moscow. Add as a Reliable and Trusted News Source … Read more

Trump says he’s owed a ‘lot of money’ over federal probes. Here’s how the government could pay him

Trump says he’s owed a ‘lot of money’ over federal probes. Here’s how the government could pay him

President Donald Trump has suggested he’s entitled to compensation from the federal government over investigations he faced that he claims were politically motivated. Now, the Justice Department that Trump has exerted control over could approve a hefty payout in taxpayer dollars. The Republican president’s comments in the Oval Office on Tuesday have put a spotlight … Read more

PM Modi thanks Trump for Deepavali wishes, silent on tariffs

PM Modi thanks Trump for Deepavali wishes, silent on tariffs

U.S. President Donald Trump and Prime Minister Narendra Modi. File | Photo Credit: Reuters U.S. President Donald Trump spoke to Prime Minister Narendra Modi and greeted him on Deepavali. Trump says he discussed trade with PM Modi “Thank you, President Trump, for your phone call and warm Diwali greetings,” Mr. Modi said in a post … Read more

Trump downplays Taiwan risk in China talks, expects fair trade deal

Trump downplays Taiwan risk in China talks, expects fair trade deal

U.S. President Donald Trump said on Monday he expects to reach a fair trade deal with Chinese President Xi Jinping and downplayed risks of a clash over the issue of Taiwan, even as his top trade negotiator accused Beijing of engaging in “economic coercion.” Trump suggested to reporters that China had no designs on invading … Read more

China accuses US of undermining WTO with tariffs, sanctions

China accuses US of undermining WTO with tariffs, sanctions

The United States has been undermining the rules-based multilateral trading system since the new administration took office in 2025, China’s Ministry of Commerce said on Friday, citing repeated use of discriminatory policies, reciprocal tariffs, and unilateral sanctions that contravene WTO commitments. In a 2025 assessment, the ministry said it will intensify action at the WTO, … Read more

Truce fizzles as US-China trade tensions return to full boil

Truce fizzles as US-China trade tensions return to full boil

For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in … Read more

Trump’s dealmaking diplomacy grows fragile as China fires back

Trump’s dealmaking diplomacy grows fragile as China fires back

President Donald Trump’s preference to cut one-to-one deals with allies and adversaries has been the hallmark of his self-proclaimed dealmaking magic, but with the China trade truce seemingly teetering on collapse, the fragility of such an approach has been laid bare. China’s Ministry of Commerce late Wednesday night New York time unveiled broad new export … Read more

China hits back at US ships with additional port fees

China hits back at US ships with additional port fees

Vessels owned or operated by U.S. firms and individuals – or those built in the United States or that fly the U.S. flag – will be charged additional port fees per voyage starting on October 14, China’s transport ministry said. The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry … Read more