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Boeing CEO says 200-jet China deal an 'initial tranche' with more to come

Boeing CEO says 200-jet China deal an 'initial tranche' with more to come

By Julie Zhu and Anne Marie Roantree HONG KONG, May 28 (Reuters) - China's commitment to buy 200 Boeing jets during a recent visit by U.S.

US to seek public comment on Chinese goods eligible for tariff cuts

US to seek public comment on Chinese goods eligible for tariff cuts

By David Shepardson and David Lawder WASHINGTON, May 26 (Reuters) - U.S. Trade Representative Jamieson Greer said on Tuesday the government will seek public comment on which Chinese goods should be eligible for lower tariffs.

US, Mexico set three rounds of trade deal talks without Canada

US, Mexico set three rounds of trade deal talks without Canada

By David Lawder MEXICO CITY, May 27 (Reuters) - The Trump administration's trade agency said on Wednesday it will kick off the first of three negotiating rounds with Mexico this week to revamp the North American trade agreement, but made no mention of any talks with Canada. The U.S.

Any conflict over Taiwan would risk U.S.-China nuclear escalation, study finds

Any conflict over Taiwan would risk U.S.-China nuclear escalation, study finds

By Greg Torode and Jun Yuan Yong SINGAPORE, May 28 (Reuters) - A conflict between the U.S. and China over Taiwan would risk a nuclear escalation with both militaries likely to stage sweeping operations targeting rival command and communications hubs, a leading defence research centre said on

Trading Day: Pause before PCE

Trading Day: Pause before PCE

By Jamie McGeever ORLANDO, Florida, May 27 (Reuters) - World stocks eked out new highs while major markets such as the S&P 500, U.S. dollar and Treasuries were largely steady on Wednesday as investors digested conflicting signals on a potential U.S.-Iran peace deal and awaited U.S. inflation figures

China's Rare Earth Export Controls Persist Despite President Trump's Talks with Xi Jinping

China's Rare Earth Export Controls Persist Despite President Trump's Talks with Xi Jinping

China's Rare Earth Export Controls Persist Despite President Trump's Talks with Xi Jinping

President Trump Opposes Iran's Uranium Transfer to Russia or China Amid Peace Talks

President Trump Opposes Iran's Uranium Transfer to Russia or China Amid Peace Talks

President Donald Trump has expressed opposition to the idea of Iran transferring its highly enriched uranium to Russia or China as part of a potential peace deal to end the ongoing conflict with the United States. During a Cabinet meeting at the White House, Trump stated he would not be comfortable with such an arrangement. The Kremlin, which holds the largest stockpile of nuclear weapons globally, had previously indicated a willingness to accept Iran's enriched uranium to facilitate a peace agreement. Similarly, China has been speculated to be open to receiving the material. Trump emphasized in a Truth Social post that Iran's enriched uranium would be destroyed either in the U.S., within Iran, or at another acceptable location. The comments come as the U.S. and Iran are reportedly working towards a short-term agreement to conclude the three-month-old war in the Middle East. The conflict has significantly impacted global energy supplies, causing oil prices to rise. However, Secretary of State Marco Rubio m...

White House Intervention Secures $620 Million Deal for Company Linked to Donald Trump Jr.

White House Intervention Secures $620 Million Deal for Company Linked to Donald Trump Jr.

The White House, under President Trump's administration, intervened to secure a $620 million loan for Vulcan Elements, a North Carolina startup linked to Donald Trump Jr. The loan was facilitated by Peter Navarro, a White House adviser and friend of Trump Jr. This intervention was unique as it was the only deal initiated by a top aide to the president among the companies the Pentagon was considering for funding. The loan aimed to reduce U.S. dependence on China's critical mineral supply chains. Vulcan's valuation increased tenfold following the deal, benefiting Trump Jr.'s venture capital firm, which had invested in Vulcan months prior. The deal has raised concerns of cronyism and self-dealing, with Democratic lawmakers demanding accountability.

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds

U.S. military contractors will need at least three years to replenish stockpiles of three key weapons systems used in the Iran war

Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports

Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports

May 27 (Reuters) - Nvidia CEO Jensen Huang has agreed to join the advisory board of a Beijing university that counts Apple's Tim Cook as chair, the Financial Times reported on Wednesday, citing people familiar with the matter. Huang, who joined U.S.

North Korea not keen to engage with the US or South Korea, Singapore FM says

North Korea not keen to engage with the US or South Korea, Singapore FM says

By Brenda Goh SEOUL, May 28 (Reuters) - North Korea does not seem keen to engage with the United States, South Korea or Japan and is focused on building up its self-reliance and military deterrence, Singapore's foreign minister said following a trip to the reclusive state.

Trump says US not satisfied yet on deal with Iran

Trump says US not satisfied yet on deal with Iran

WASHINGTON, May 27 (Reuters) - U.S. President Donald Trump on Wednesday said that he was not yet satisfied on a deal with Iran, adding that the U.S. was not discussing easing sanctions on the country.