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News
Trump says he plans to remove a 10% tariff on Irish whiskey
13+ hour, 36+ min ago (234+ words) Trump said during the trophy ceremony for the Irish Open that he had been asked about the issue by everyone, including some of the golfers. “Everybody’s been bugging me” to do it, the Republican president said. “And I said, ‘On…...
Brazil's Lula signs measures to cut fuel taxes and subsidize diesel ahead of election
4+ day, 10+ hour ago (310+ words) CTPost The cost of fuel is a particularly sensitive issue for voters, who will decide in October whether to grant Lula a fourth, nonconsecutive term, or elect Sen Flávio Bolsonaro, a son of former President Jair Bolsonaro Brent crude, the…...
The Latest: Chevron expanding in Venezuela as Trump deal claims more oil reserves
1+ week, 4+ day ago (1722+ words) Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Canadian Prime Minister…...
Bessent says G20 countries should also use tariffs to protect their industries from cheap imports
1+ week, 5+ day ago (423+ words) Bessent told reporters that he had warned other nations at the beginning of President Donald Trump ’s second term that the new U.S. “tariff wall” would mean that Chinese goods would flood their markets. “And unfortunately, I was right,” Bessent…...
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
1+ week, 5+ day ago (462+ words) CTPost...
Bessent pitches US-backed financial literacy competition to world's largest economies
1+ week, 5+ day ago (311+ words) As he hosted finance ministers from rich and developing nations in the G20, Bessent on Tuesday announced U.S. sponsorship for a competition called the “Financial Literacy Solutions Sprint.” The competition is intended to discover and showcase “innovative technology- and data-enabled solutions" developed…...
The Latest: Trump says Venezuela agreed to give US control of 65 billion barrels of oil reserves
1+ week, 6+ day ago (1526+ words) President Donald Trump said Friday that his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost. The president is calling it…...
Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves
2+ week, 2+ day ago (685+ words) Trump in a social media post announcing the agreement said it was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela’s acting President Delcy Rodríguez. “The United States of America has just entered into an Agreement…...
What we know about Trump's deal giving US access to vast oil reserves in Venezuela
2+ week, 1+ day ago (874+ words) Trump said the agreement announced Friday night would give the United States a stake in Venezuela’s vast oil reserves, a step toward his goal of extracting energy from the country after American forces captured then-President Nicolás Maduro in a middle-of-the-night…...
Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say
2+ week, 6+ day ago (527+ words) The move, if finalized, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s. After…...