U.S. and India to boost bilateral trade to $500 billion by 2030

U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., Feb. 13, 2025.  Kevin Lamarque | Reuters New Delhi and Washington will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference … Read more

‘Remove the roots of the weed’

Tesla and SpaceX CEO Elon Musk delivers remarks as he joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC.  Andrew Harnik | Getty Images DUBAI, United Arab Emirates — The U.S. government needs to “delete entire agencies” in a … Read more

Elon Musk company X settles Trump lawsuit over deplatforming

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025.  Kevin Lamarque | Reuters Social media company X has agreed to pay about $10 million to settle a lawsuit by President Donald Trump, who has put X’s billionaire owner Elon Musk … Read more

GM has plans to mitigate up to 50% of potential North American tariffs

President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald … Read more

Trump says Treasury Secretary Bessent is going to Ukraine as U.S. has ‘little to show’ for aid sent

U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025.  Elizabeth Frantz | Reuters U.S. Treasury Secretary Scott Bessent will head to Ukraine for discussions about the war with Russia, U.S. President Donald Trump announced Tuesday. Trump said in a post on Truth Social that Bessent will … Read more

Trump’s steel tariffs could trigger broader trade war as EU threatens ‘proportionate countermeasures’

Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament. Philipp von Ditfurth | Picture Alliance | Getty Images The European Union plans to retaliate against the United States for new steel and aluminum tariffs. “Unjustified tariffs on the EU will not go unanswered—they will … Read more

Global winners and losers of Trump’s steel and aluminum tariffs

An employee stands at a blast furnace. U.S. President Donald Trump said on Sunday that he would impose new tariffs on steel and aluminium imports. Picture Alliance | Picture Alliance | Getty Images U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel … Read more

Anduril in talks to raise money at $28 billion valuation

Anduril, the defense-tech startup founded by Palmer Luckey, has signed a term sheet to raise capital at a $28 billion valuation, according to people familiar with the matter. The company is planning to raise up to $2.5 billion in the round, said the people who asked not to be named because the details are confidential. … Read more

Trump’s USAID staff plan paused by federal judge

A worker removes the U.S. Agency for International Development sign on their headquarters on Feb. 7, 2025 in Washington, DC. Kayla Bartkowski | Getty Images A federal judge on Friday said he would temporarily pause the Trump administration’s plan to place thousands of workers at the U.S. Agency for International Development on administrative leave. About 2,200 USAID employees … Read more

Calvin Klein owner PVH blacklisted in China

People shop for clothes at a Calvin Klein store at a mall in Beijing on Feb. 5, 2025. Adek Berry | AFP | Getty Images China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s … Read more