Donald Trump

US, China Agree to Slash Tariffs in Trade War De-Escalation

This is Beirut, 12/05 21:34 - Reading : 4 minute(s)

USA Donald Trump United Nations United States US Treasury

The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, an outcome President Donald Trump dubbed a "total reset," as he said that talks with counterpart Xi Jinping could soon follow. After the first meetings between Washington and Beijing since Trump ratcheted up his trade war, ...

What Will Donald Trump Do While in the Middle East?

David Hale , 12/05 18:00 - Reading : 5 minute(s)

Donald Trump Saudi Arabia Gulf United States Normalization Israel

It is no surprise that President Trump's first major foreign trip (not counting the late Pope's funeral) since returning to office will be to the Arabian Peninsula. Saudi Arabia was also his first stop in 2017. It is only natural: the center of power in the Arab world rests in Riyadh and Abu Dhabi. And the Saudis, Qataris, and Emiratis are his ...

Markets rally after China, US slash tariffs

This is Beirut, 12/05 18:00 - Reading : 3 minute(s)

USA Donald Trump Banks Europe New York

Stock markets, the dollar, and oil prices rallied Monday after the United States and China declared a 90-day truce in their trade war. At the opening bell in New York, the Dow jumped by 2.7 percent, the S&P 500 by 2.9 percent, and the tech-heavy Nasdaq Composite by 4.2 percent. "Stocks are surging, safe havens are rapidly ...

Trump’s Middle East Tour: Diplomacy Under the Billion-Dollar Sign

Mario Chartouni, 12/05 17:55 - Reading : 3 minute(s)

Donald Trump Middle East Gulf Saudi Arabia Qatar UAE

Donald Trump begins the first diplomatic tour of his second term with a strategic visit to Gulf monarchies. This tour — which includes Saudi Arabia, Qatar, and the United Arab Emirates — aims to strengthen already solid economic ties with these hydrocarbon-rich states, with the hope of securing massive trade and investment deals. Riyadh has ...

Edan Alexander's Release: A Diplomatic Turning Point Between Washington and Hamas

Sana Richa Choucair, 12/05 17:15 - Reading : 5 minute(s)

Hamas Donald Trump US Gaza Israel Hostages

Edan Alexander, 21, is the only American national still held alive in Gaza. After moving from New Jersey to Israel in 2022, he joined an elite unit of the Israeli army and was taken by Hamas during the October 7, 2023 attack. In a statement released on Sunday, the spokesperson for Hamas’s military wing, the al-Qassam Brigades, said: “The ...

Riyadh Rolls Out the Red Carpet for Trump

This is Beirut, 12/05 12:20 - Reading : less than a minute

Donald Trump Gulf Palestine Saudi Arabia

Donald Trump will begin his Gulf tour in Saudi Arabia on Tuesday, where he is set to receive a grand welcome in Riyadh. The visit will focus on boosting investments in defense, energy and artificial intelligence. However, rising tensions with Iran and the ongoing crisis in Gaza loom large over the trip.  

Stabilization in the Middle East: Necessary, but Not Sufficient

Michel Touma, 12/05 12:00 - Reading : 5 minute(s)

Middle East Donald Trump Hamas Hezbollah Houthi

The Lebanese are understandably focused on the upcoming municipal elections, but they remain deeply unsettled by regional developments. As the situation evolves, it often feels as though little changes. Today, the primary concern is the ongoing negotiations between Washington and Tehran, and, more critically, the fate of various Iranian proxies ...

Trump Hails Air Force One 'Gift' after Qatari Luxury Jet Reports

This is Beirut, 12/05 09:45 - Reading : 4 minute(s)

Donald Trump Washington

Donald Trump on Sunday defended plans to receive a new Air Force One as a gift, after reports he will accept a luxury Boeing jet from Qatar despite strict rules on presents for US presidents. Calling the plane a "flying palace," ABC News, which first reported the story, said the Boeing 747-8 jumbo jet gifted from the Qatari royal family would ...

UK Hosts European Ministers for Ukraine Talks after Ceasefire Ultimatum

This is Beirut, 12/05 09:35 - Reading : 3 minute(s)

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The UK will on Monday host European ministers for "critical" talks on "repelling Russian aggression", two days after Ukraine's allies demanded that Moscow accept a ceasefire. Representatives from France, Germany, Italy, Poland, Spain and the EU will join Foreign Secretary David Lammy in London for a meeting of the so-called "Weimar+" group. The ...

US, China to Publish Details of 'Substantial' Trade Talks in Geneva

This is Beirut, 12/05 09:20 - Reading : 4 minute(s)

USA Donald Trump US Treasury China

The US and China will Monday give details of "substantial progress" touted by Washington on trade talks aimed at ending a devastating tariff war launched by US President Donald Trump that has wiped billions off equities and brought chaos to international commerce. US Treasury Scott Bessent and Trade Representative Jamieson Greer met with Chinese ...

Trump Says Will Sign Order Aimed at Cutting US Drug Prices

This is Beirut, 12/05 05:30 - Reading : 1 minute(s)

United States Donald Trump Health Drugs

President Donald Trump unveiled plans Sunday for a new policy on pharmaceuticals he claimed would reduce US prescription drug prices by between 30 and 80 percent. "They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA!" Trump wrote in a social media post, adding he ...

US Treasury Chief Declares 'Substantive Progress' in China Trade Talks

This is Beirut, 11/05 19:29 - Reading : 4 minute(s)

United States China Tariffs Donald Trump

US officials voiced optimism on Sunday, at the end of a weekend of trade talks with China aimed at de-escalating trade tensions sparked by President Donald Trump's aggressive tariff rollout. "We’ve made substantial progress," US Treasury Secretary Scott Bessent told reporters after the talks with Chinese Vice Premier He Lifeng, while Trade ...

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