This is Beirut, 07/04 20:50 - Reading : 3 minute(s)
World Trade Organization United States Donald Trump
Often referred to as the "global trade police," the WTO is actually bound hand and foot by its members, with Washington's actions especially leaving it all but powerless against the protectionist wave washing over the globe. A number of countries have begun filing complaints with the World Trade Organization, charging that the steep ...
This is Beirut, 07/04 20:02 - Reading : 2 minute(s)
Donald Trump USA United States Washington
US President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans, adding that Washington would begin talks with other countries that want negotiations. The fresh action would stack on an already steep US rate taking effect Wednesday, the White House told AFP, bringing ...
This is Beirut, 07/04 17:05 - Reading : 2 minute(s)
European Commission European Union United States Trade Tariffs
European Commission President Ursula von der Leyen said on Monday the EU had offered the United States a bilateral tariff exemption for cars and other industrial goods as it works to avert an all-out transatlantic trade war. "We stand ready to negotiate with the United States. Indeed, we have offered zero-for-zero tariffs for industrial goods, as ...
This is Beirut, 07/04 10:45 - Reading : 2 minute(s)
Donald Trump United States USA
A top Chinese official has vowed to protect US firms and pledged his country will remain a "promising land" for foreign investment, Beijing said Monday, after it slapped 34 percent tariffs on US imports. China retaliated last week against levies at the same level announced by US President Donald Trump on what he called "liberation day". It also ...
This is Beirut, 07/04 10:15 - Reading : 6 minute(s)
Donald Trump United States Tariffs China Asia
Asian equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills, with Hong Kong's loss of 12 percent its worst in more than 16 years, while Taipei ...
Michel Touma, 07/04 09:40 - Reading : 4 minute(s)
Lebanon United States Morgan Ortagus
Let’s be clear—no more avoiding the issue or making compromises. The time for indulgence and indecisiveness has passed, and it must never return. Complacency and weakness are no longer acceptable, nor should they ever be again. For the past 20 years—since 2005, when Hezbollah seized control of the local political scene—and more broadly ...
This is Beirut, 07/04 05:15 - Reading : 5 minute(s)
United States Donald Trump Economy Markets
Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump's punishing tariffs, even as countries sought compromise with the defiant president. Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying he would not make a ...
This is Beirut, 06/04 22:40 - Reading : 3 minute(s)
Lebanon United States Hezbollah Morgan Ortagus
Lebanon is at a crossroads: disarm Hezbollah "as soon as possible," implement the ceasefire agreement with Israel, and carry out essential reforms, or face isolation. This was made clear by Morgan Ortagus, the US Deputy Special Envoy for the Middle East, during an interview with LBCI on Sunday evening. While expressing optimism about the new ...
This is Beirut, 06/04 17:00 - Reading : 3 minute(s)
Iran Gulf Iran Nuclear Program United States Ali Khamenei
Iran has defied US demands for direct negotiations regarding its nuclear program, which come with the threat of military action, and has cautioned neighboring countries hosting US bases that they could become targets if they participate in any military action, as stated by a senior Iranian official cited by Reuters. Despite rejecting US President ...
This is Beirut, 05/04 22:45 - Reading : 4 minute(s)
United States Donald Trump Elon Musk
Thousands of people descended Saturday on Washington's National Mall and rallied in other cities across the United States and abroad in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency. A big "HANDS OFF!" banner stretched across the stage of an outdoor theater just a few blocks ...
This is Beirut, 05/04 16:55 - Reading : 2 minute(s)
Benjamin Netanyahu Donald Trump United States Israel
Israeli Prime Minister Benjamin Netanyahu is scheduled for a high-stakes White House meeting with President Trump on Monday, according to four knowledgeable sources who spoke with Axios. This potential visit marks Netanyahu as the first international leader to personally engage with President Trump in an attempt to negotiate relief from the ...
This is Beirut, 05/04 16:40 - Reading : 4 minute(s)
United States Volodymyr Zelensky Russia Ukraine
Ukrainian President Volodymyr Zelensky on Saturday slammed the US embassy for what he called a "weak" statement that did not blame Russia for a missile strike on his hometown that killed 18 people, including nine children. In one of the deadliest strikes in recent weeks, a Russian missile on Friday evening struck a residential area near ...