Trump says 25% tariffs on Mexico and Canada may not include oil

President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025. Kent Nishimura for The Washington Post | Getty Images Donald Trump has confirmed he will impose 25% tariffs on imports from Mexico and Canada from February, following through on threats issued weeks earlier. The … Read more

Structural weaknesses in economy must be addressed

It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural … Read more

UK ‘not part of the problem’ when it comes to U.S. trade, Britain’s finance minister says

British Chancellor of the Exchequer Rachel Reeves listens during the 11th China-UK Economic And Financial Dialogue on January 11, 2025 in Beijing, China. Pool | Getty Images News | Getty Images The U.K. is “not part of the problem” when it comes to “persistent” trade deficits that President Donald Trump wants to tackle, the country’s … Read more

What to look out for as Trump 2.0 era starts

U.S. President Donald Trump during a rally at Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, US, on Sunday, Jan. 19, 2025.  Al Drago | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

The list of world leaders who are not attending WEF 2025 in Davos

View ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024. Adam Galici | CNBC LONDON — It’s that time of year when the great and the good gather for the annual World Economic Forum in Davos, Switzerland. A slew of heads of state, politicians and business moguls are set … Read more

Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says

President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017. Carlos Barria | Reuters President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, … Read more

Iran faces dual crisis amid currency drop and loss of major regional ally

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran is confronting its worst set of crises in years, facing a spiraling economy along with a series of unprecedented geopolitical and … Read more

China ramps up Wall Street meetings as Trump inauguration looms

Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China. He Lifeng is one of China’s four vice premiers, and heads the ruling Chinese Communist Party’s economic and finance committee. He met with BlackRock … Read more

Court upholds law ordering ByteDance to divest app

A federal appeals court on Friday cited national security concerns as it upheld a law requiring China-based ByteDance to sell the popular social media app TikTok next month or face an effective ban in the United States. The unanimous ruling by a three-judge panel of the U.S. Court of Appeals in Washington, D.C., rejected TikTok’s … Read more

South Korean won cuts losses after motion passed to lift martial law

A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. Jung Yeon-je | Afp | Getty Images South Korea’s won on Tuesday cut losses against the U.S. dollar after the country’s parliament swiftly passed a … Read more