Tag - u.s.

 
 

U.S.

U.S. Treasury Secretary Scott Bessent said he believes China will accept prior U.S. tariff rates being restored through new Section 301 duties as long as they don't go higher.
WORLD
May 20, 2026
U.S. not in a hurry to extend China trade truce, Bessent says
The U.S.-China truce negotiated over several months last year averted a total collapse of trade between the world’s two largest economies.
Ships and boats in the Strait of Hormuz, Musandam, Oman, on April 22
WORLD / Politics
May 20, 2026
NATO not drawing up plans for Hormuz mission, top commander says
Any decision to launch ​a mission would require the approval of all NATO’s 32 members and several have already signaled opposition.
A subsidiary of Itochu will take over the Japan sales operations of U.S. medical equipment maker SunMed Group Holdings, which does business in the country as AirLife.
BUSINESS / Companies
May 20, 2026
Itochu expands healthcare business with takeover of AirLife’s sales
The move comes as Japan’s trading houses cement healthcare as a key pillar of their businesses, placing it alongside traditional mainstays such as oil, gas and metals.
U.S. Treasury Secretary Scott Bessent (left) speaks with Roland Lescure, France's economy, finances and industry minister, prior to a meeting of G7 finance ministers and central bank governors, in Paris on Tuesday.
WORLD / Politics
May 20, 2026
G7 finance ministers urge action on economic imbalances; some point to China
G7 finance ministers and central bank governors have met in Paris to discuss the fallout from the Iran war and volatility on ​global markets but were light on concrete measures.
A SkyFall P1-Sun interceptor drone during trials in Ukraine in March. Through a combination of new technology and tactics, Kyiv’s forces have been able to strike deep into Russian territory, to slow and in some cases even reverse battlefield gains by Moscow’s bigger army and inflict significant damage on oil facilities that help finance the Kremlin’s war machine.
WORLD / Politics
May 20, 2026
U.S. seeking transfer of intellectual property rights in drone deal, Kyiv says
Washington appears interested in getting access to critical technologies and rights that would allow it to replicate the equipment, a source said.
U.S. Army soldiers walk in formation during the Sword 26 exercise, in Bemowo Piskie, Poland, on May 11.
WORLD / Politics
May 20, 2026
U.S. plans to shrink forces available to NATO during crises, sources say
U.S. President Donald Trump has made it clear he ⁠expects European countries to take over from the United States primary responsibility for the continent’s security.
Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, at the end of a Senate Banking Committee confirmation hearing on Capitol Hill in Washington on April 21
BUSINESS / Economy
May 20, 2026
World awaits new Fed chair’s vision on independence
Incoming Federal Reserve Chair Kevin Warsh raised eyebrows by implying that outside monetary policy, the Fed should closely work with the presidential administration and Congress.
The Internal Revenue Service headquarters in Washington. U.S. President Donald Trump has secured a settlement with the IRS, dropping a lawsuit filed in January, despite concerns that he effectively controlled both sides of the litigation.
WORLD / Politics
May 20, 2026
Trump’s IRS settlement includes dropping tax cases and audits
The accord represents a major triumph by U.S. President Donald Trump over the Internal Revenue Service, but has also been called “a breathtaking abuse of the tax and legal system.”
Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung pose for a photo during their meeting in Andong, South Korea, on Tuesday.
JAPAN / Politics
May 19, 2026
At talks, Takaichi and South Korea’s Lee agree to bolster energy security
The move comes as concerns over energy supplies continue to rattle Asia amid the U.S.-Israeli war against Iran.
Prime Minister Sanae Takaichi meets with Vietnamese President To Lam in Hanoi on May 2. Japan needs to recognize its role in strengthening ASEAN's autonomy as part of its own economic strategy.
COMMENTARY / Japan
May 19, 2026
ASEAN unity and Japan’s role amid U.S.-China tensions
Japan needs to recognize its role in strengthening ASEAN’s autonomy as part of its own economic strategy.
A child holds his parents' hands as they leave the mosque at the scene of a shooting at the Islamic Center in San Diego, California, on Monday.
WORLD
May 19, 2026
‘I saw bad stuff,’ says 9-year-old who hid in closet during California mosque attack
The child said his classmates and he were ushered into a closet at the mosque where they attend school, trembling in fear as shots rang out.
Shipping containers at Port Miami. Under the trade deal — which was signed in July — the EU agreed to erase levies on U.S. industrial goods in exchange for a 15% tariff ceiling on most EU products.
BUSINESS
May 19, 2026
EU races to finalize U.S. trade deal to avoid more Trump tariffs
Trump previously threatened to hike tariffs on European auto imports to 25% from 15% because the EU hadn’t moved quickly enough to implement the deal.
Boeing’s new jet deal with China ends a nine-year sales drought, but the smaller-than-expected order underscores how geopolitical tensions and rising competition have weakened its position in the important aviation market.
COMMENTARY / World
May 19, 2026
Boeing deal won’t end its China troubles
It was a surprise when the confirmed deal was less than half of the 500 that was reportedly in discussion.
Takeda Pharmaceutical headquarters in Tokyo. The company said it will "vigorously pursue" an appeal after a U.S. jury on Monday found the company liable for causing about $885 million in damages by delaying a generic version of its constipation drug through an anticompetitive scheme.
BUSINESS / Companies
May 19, 2026
Takeda engaged in antitrust scheme to delay generic constipation drug: U.S. jury
The verdict is the ​first time ‌a jury has found a pharmaceutical company liable in class-action litigation over what is called a “pay-for-delay” agreement with generic rivals.
Only 29.2% of respondents in a recent survey said they liked the United States, apparently reflecting negative views of the Trump administration following U.S. strikes on Iran and the ensuing energy crisis.
JAPAN / Politics / FOCUS
May 19, 2026
Japanese favorability toward U.S. falls below 30%, survey finds
Negative views of the Trump administration might have contributed to the decline, particularly following its military strikes on Iran and the resulting energy crisis.
U.S. President Donald Trump’s policies toward Iran, science, education, diplomacy and democratic institutions are accelerating a self-inflicted decline of U.S. global power.
COMMENTARY / World
May 19, 2026
America’s superpower suicide in the Trump era
At a minimum, a superpower must be a modern state that includes, through the rule of law and other institutions, a substantial body of citizens committed to a common endeavor.
A man brings an empty liquefied petroleum gas canister to a depot in New Delhi on Monday. India is the second-largest importer of LPG in the world and is suffering acute shortages of the fuel, used in cooking gas and industrial processes.
BUSINESS / Markets
May 19, 2026
How India’s cooking fuel shortage is driving up California’s gas prices
Both symptoms of the worst-ever energy supply disruption, they are directly connected and evidence of the effects across the global economy of the U.S.-Israeli war with Iran.
People gather in front of the U.S. consulate in Nuuk to protest against U.S. President Donald Trump's demand that Greenland be ceded to the United States.
WORLD / Politics
May 19, 2026
U.S. designs on Greenland unchanged, PM says after meeting Trump envoy
Prime Minister Jens-Frederik Nielsen said he used the meeting to reiterate that “the Greenlandic people are not for sale.”
A street in Tehran on Monday. "Surrender is fundamentally incompatible with Iran's identity," one senior Iranian official said.
WORLD / Politics
May 19, 2026
Growing risk of fresh conflict in Middle East as deadlock and pain deepen
The concern among policymakers is not whether a deal is near, but how long tensions can persist before a miscalculation triggers renewed hostilities.
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, in 2024.
BUSINESS
May 19, 2026
U.S. drops charges against Gautam Adani after settlements and investment pledge
The move is a boon for Asia’s richest person and his companies, and a reversal by U.S. officials on cases brought at the end of the Biden administration.

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