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US trade chief Greer says 'Milwaukee Framework' to combat global excess steel capacity

US trade chief Greer says 'Milwaukee Framework' to combat global excess steel capacity

By David Lawder MILWAUKEE, Sept 30 (Reuters) - US Trade Representative Jamieson Greer said on Wednesday that a framework for coordinated action to combat excess steel capacity will be released at a Group of 20 trade ministers meeting this week, as countries seek to counter a flood of cheap Chinese
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G20 Trade Ministers Convene in Wisconsin Amidst U.S. Tariff Agenda and WTO Reform Push

G20 Trade Ministers Convene in Wisconsin Amidst U.S. Tariff Agenda and WTO Reform Push

Trade ministers from the G20 nations are meeting in Milwaukee, Wisconsin, facing a challenging environment largely shaped by President Trump's global tariff agenda. Many attending officials, including those from Canada, are re-evaluating and reshaping their trading relationships due to new tariffs, barriers, and uncertainty imposed by the Trump administration's 'America-first' policy. The U.S. is also advocating for changes to the World Trade Organization's (WTO) Most-Favoured Nation (MFN) rules, which currently prevent discrimination against member countries by requiring equal tariff rates across the board. U.S. Trade Representative Jamieson Greer argues that the MFN principle was designed for a world where countries broadly adhered to similar rules, and that some nations now benefit from WTO access while engaging in state-led industrial policies or non-market practices. This stance is causing concern among some trade experts, who warn that softening MFN rules could lead to greater global trade unpredicta...
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Brazil briefed French, German officials on alleged US, Russian election interference

Brazil briefed French, German officials on alleged US, Russian election interference

By Gabriel Stargardter PARIS, Sept 30 (Reuters) - A French and German delegation travelled this month to Brasilia, where intelligence officials briefed them on alleged US and Russian interference before Brazil's election, according to sources and documents seen by Reuters.
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Steel forum calls for more tariffs, fewer subsidies to fight excess capacity

Steel forum calls for more tariffs, fewer subsidies to fight excess capacity

By David Lawder MILWAUKEE, Sept 30 (Reuters) - Members of an OECD forum on excess steel capacity agreed on Wednesday to work towards imposing more tariffs on steel from China and other overproducing countries, and to refrain from subsidies that maintain loss-making steel mills or encourage new
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Explainer-What is red-dyed diesel and can it help lower prices, as Trump wants?

Explainer-What is red-dyed diesel and can it help lower prices, as Trump wants?

By Nicole Jao NEW YORK, Sept 30 (Reuters) - The White House is considering regulatory relief that would expand sales of red-dyed diesel, a tax-exempt fuel typically used for farming, as prices surge following supply disruptions linked to the US conflict with Iran, Ukrainian strikes on Russian
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September Harvard CAPS / Harris Poll Reveals Democrats Lead Midterm Horserace, President Trump's Approval at 42%

September Harvard CAPS / Harris Poll Reveals Democrats Lead Midterm Horserace, President Trump's Approval at 42%

The September Harvard CAPS / Harris poll indicates that Democrats hold a 2-point lead among likely voters in the midterm elections. President Trump's approval rating has dropped to 42%. The poll, a collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX, highlights that 56% of voters believe the country is on the wrong track, a 4-point increase from August 2026. Only 48% of voters consider the U.S. economy strong, and 29% report an improving personal financial situation, a 3-point decrease. Voters' primary concerns remain inflation and the economy. President Trump's job approval is highest on immigration (48%) and fighting crime (47%), but lowest on handling inflation (34%), the economy (37%), and managing AI (37%). The poll also covered public opinion on midterm issues, voter ID requirements, artificial intelligence (AI), the GOP convention, White House press pool news, the United Nations, China, and conflicts in the Middle East and Ukraine.
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Oil price gains pared as Qatar-US-Iran talks loom

Oil price gains pared as Qatar-US-Iran talks loom

By Scott DiSavino NEW YORK, Sept 28 (Reuters) - Oil prices edged up on Monday but eased off session highs on expectations that Qatari mediators would hold talks with the US and Iran to find a possible peach deal.
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Oil prices settle slightly higher on supply worries as Trump rejects Iran proposal

Oil prices settle slightly higher on supply worries as Trump rejects Iran proposal

By Scott DiSavino NEW YORK, Sept 28 (Reuters) - Oil prices settled slightly higher on Monday on worries about ongoing supply disruptions as Qatari mediators pledged to hold talks with the US and Iran in hopes of finding a peace deal to reopen the Strait of Hormuz.
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Oil prices up, but off highs as Qatari mediators plan US-Iran talks

Oil prices up, but off highs as Qatari mediators plan US-Iran talks

By Scott DiSavino NEW YORK, Sept 28 (Reuters) - Oil prices rose on Monday, but eased off session highs on expectations that Qatari mediators would hold talks with the US and Iran to try to find a possible peace deal.
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Oil gains over 3% as US-Iran peace talks in stalemate

Oil gains over 3% as US-Iran peace talks in stalemate

By Anushree Mukherjee LONDON, Sept 28 (Reuters) - Brent crude oil rebounded more than 3% on Monday after US President Donald Trump rejected a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz.
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Pope Leo urges concessions for peace as Ukraine war drags on

Pope Leo urges concessions for peace as Ukraine war drags on

METZ, France, Sept 28 (Reuters) - Pope Leo said on Monday that negotiators seeking to end war in Europe must be willing to sacrifice some positions to achieve peace, as efforts to end Russia's bloody war in Ukraine continue to fail.
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China, US pledge tariff cuts on $60 billion of goods including agriculture, toys, toasters

China, US pledge tariff cuts on $60 billion of goods including agriculture, toys, toasters

By Liz Lee BEIJING, Sept 28 (Reuters) - China and the United States said they will pursue tariff cuts on $60 billion worth of goods imported from each other, including products from US corn to cosmetics, and from Chinese toys to household appliances, with some notable omissions on each side.