Explore

New US 25% tariff hits billions of dollars in Brazilian exports

New US 25% tariff hits billions of dollars in Brazilian exports

By Luciana Magalhaes SAO PAULO, July 22 (Reuters) - A new 25% U.S. tariff will hit a range of Brazilian goods on Wednesday, including farm machinery, wood products, ethanol and apparel, escalating tensions in an already strained relationship between the two most populous countries in the Western

Analysis-Separate US talks with Canada, Mexico test North America's trilateral trade pact

Analysis-Separate US talks with Canada, Mexico test North America's trilateral trade pact

By Promit Mukherjee, Emily Green and David Lawder OTTAWA/MEXICO CITY, July 22 (Reuters) - Separate U.S. negotiating tracks for Canada and Mexico are testing a trilateral free trade zone that has defined North America's economy for 32 years, with the U.S. potentially forcing concessions on Canada

Brazil and US clash over future of payments as popular Pix system stirs global interest

Brazil and US clash over future of payments as popular Pix system stirs global interest

By Marcela Ayres BRASILIA, July 21 (Reuters) - Brazil's Pix, one of the world's most successful instant-payment systems, has become a flashpoint between Brasília and Washington as the Trump administration aims to protect U.S. firms from the model's growing appeal in dozens of countries. U.S.

Southeast Asian ministers set to call for opening of Strait of Hormuz in Manila talks

Southeast Asian ministers set to call for opening of Strait of Hormuz in Manila talks

Southeast Asia’s top diplomats will express alarm over renewed hostilities in the Middle East when they gather in the Philippine capital for annual talks

Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meeting

Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meeting

By Michael Martina MANILA, July 22 (Reuters) - U.S.

Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio tells ASEAN leaders

Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio tells ASEAN leaders

Secretary of State Marco Rubio has warned that Iran's demand to control the Strait of Hormuz threatens the global economy and freedom of navigation

Rubio says US still willing to negotiate over Iran crisis

Rubio says US still willing to negotiate over Iran crisis

DUBAI/MANILA, July 22 (Reuters) - U.S. Secretary of State Marco Rubio said on Wednesday the United States is still willing to negotiate an end to the Iran crisis but Tehran is not serious about talks, as the widening conflict disrupted two of the world's most critical energy chokepoints.

Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

Tankers with Saudi crude turn back as Houthis open new front in US-Iran war

By Jana Choukeir, Nayera Abdallah and Elwely Elwelly DUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats from Yemen's Iran-aligned Houthis, as a widening Middle East conflict disrupted shipping through two of the world's

US, Mexico resume USMCA trade talks as Trump hits Canada with new tariffs

US, Mexico resume USMCA trade talks as Trump hits Canada with new tariffs

By David Lawder MEXICO CITY, July 21 (Reuters) - U.S. and Mexican trade negotiators will meet for a third round of bilateral talks on Tuesday to try to push forward with revising the North American trade agreement, just as President Donald Trump slaps Canada with a new set of punitive duties.

Rubio meets China's Wang as US, China prepare for possible Xi visit

Rubio meets China's Wang as US, China prepare for possible Xi visit

MANILA, July 21 (Reuters) - U.S. Secretary of State Marco Rubio will meet Chinese Foreign Minister Wang Yi this week ahead of a possible summit between President Donald Trump and President Xi Jinping, even as Trump said the U.S. would raise concerns with China over alleged election meddling. A U.S.

Escalating Middle East war could slash global growth to 1.3% in 2026, World Bank chief economist says

Escalating Middle East war could slash global growth to 1.3% in 2026, World Bank chief economist says

By Andrea Shalal WASHINGTON, July 22 (Reuters) - Escalating hostilities between the United States and Iran could reignite inflation, drive interest rates higher and knock global growth back to as low as 1.3%, down from 2.9% last year, World Bank chief economist Indermit Gill told Reuters.

Iran war, Myanmar crisis and South China Sea rifts under the spotlight in ASEAN ministerial talks

Iran war, Myanmar crisis and South China Sea rifts under the spotlight in ASEAN ministerial talks

Southeast Asia’s top diplomats will express alarm over renewed hostilities in the Middle East when they gather in the Philippine capital for annual talks