
China Reviews Rare Earth Export Licenses Amid Eased U.S. Tech Restrictions
Jul 04, 2025 05:06 am UTC| Politics Governance Technology Economy
Chinas Ministry of Commerce announced on Friday it is reviewing export license applications for sensitive items, including rare earths and related magnets, as part of its ongoing trade discussions with the United States....

U.S. Sanctions Iranian Oil Smuggling Network and Hezbollah-Linked Bank
Jul 04, 2025 04:56 am UTC| Politics
The U.S. Treasury Department imposed new sanctions Thursday targeting a network accused of smuggling Iranian oil disguised as Iraqi oil, and a Hezbollah-linked financial institution. The network, operated by Iraqi-British...

Trump Reports No Progress with Putin on Ukraine Peace Talks
Jul 04, 2025 04:50 am UTC| Politics
U.S. President Donald Trump said his recent call with Russian President Vladimir Putin yielded no progress at all toward ending the war in Ukraine. Despite nearly an hour-long conversation, the two leaders made no headway,...

US Eases Export Curbs, GE Cleared to Resume Jet Engine Shipments to China
Jul 04, 2025 04:48 am UTC| Economy Politics Governance
The U.S. government has cleared GE Aerospace (NYSE: GE) to resume jet engine shipments to Chinas state-owned aircraft manufacturer COMAC, signaling a thaw in ongoing trade tensions between the two economic superpowers....

Trump to Impose 20–30% Tariffs on Major Economies, Skipping Trade Talks
Jul 04, 2025 04:34 am UTC| Economy Politics Governance
U.S. President Donald Trump announced Thursday that the U.S. will begin notifying major global economies of new tariffs, abandoning plans for bilateral trade negotiations. Starting Friday, Washington will send letters to...

Trump Hikes National Park Fees for Foreigners Amid Budget Cuts
Jul 04, 2025 04:29 am UTC| Politics Governance
President Donald Trump has signed an executive order to increase entrance fees for international visitors at U.S. national parks. The move, aimed at raising hundreds of millions of dollars, comes as the administration...

South Korea Seeks Tariff Relief in Urgent U.S. Trade Talks Ahead of July 9 Deadline
Jul 04, 2025 04:19 am UTC| Economy Politics
South Koreas Trade Minister Yeo Han-koo is heading to the United States on Friday for high-stakes trade negotiations, just days before the July 9 deadline when steep U.S. tariffs could take effect. The visit comes amid...