Markets jumped as Trump paused tariffs Just hours after President Trump imposed steep tariffs on dozens of America’s trading partners, he reversed course. The president announced yesterday afternoon that nearly all of his so-called reciprocal tariffs would be paused for 90 days, and that he might consider exempting some U.S. companies from the tariffs. Nearly…
Kim Shin-jo, the only captured member of a team of 31 North Korean commandos who came within striking distance of the South Korean presidential palace in central Seoul before they were repelled in 1968, died on Wednesday. He was 82. Mr. Kim’s death at a nursing hospital was confirmed on Thursday by his Sungrak Church…
The job offer, pitched to appeal to a 17-year-old Ukrainian refugee without work, promised a BMW car and about $11,000 in cash. Daniil Bardadim, a teenager on the run from war in Ukraine, received the offer early last year after making his way to Warsaw in neighboring Poland, according to investigators. He accepted and was…
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with massive government borrowing. Ms. Truss was ultimately doomed by fears of a credit crisis after yields on British government bonds…
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into place on nearly 60 countries, the president said he would pause them for 90 days. But Mr. Trump did not…
Soon after he took up his post in El Salvador, U.S. Ambassador Ronald Johnson forged an unusually close relationship with the country’s president. President Trump had nominated Mr. Johnson in 2019 as his ambassador to the country shortly after the White House declared war on El Salvador’s notoriously violent gangs, including MS-13. The relationship between…
Jet Set, an aging disco just a block from the sea in Santo Domingo, was the place to be on Monday nights. And this Monday was no exception. A collection of the country’s bold face names — from bankers to retired Major League Baseball players to politicians — were eager to kick up their heels…
The Trump administration has cut funding and staffing at the program that oversees the federal government’s premier report on how global warming is affecting the country, raising concerns among scientists that the assessment is now in jeopardy. Congress requires the federal government to produce the report, formally known as the National Climate Assessment, every four…
Dana Mroueh, a small-business owner in Ivory Coast, was negotiating to introduce her organic chocolate bars into stores in New York and Washington when President Trump announced new tariffs on all U.S. imports last week. Ivory Coast is the world’s biggest cocoa producer, and the United States is the world’s largest consumer of chocolate, though…
President Volodymyr Zelensky of Ukraine on Wednesday doubled down on his claim that “many” Chinese nationals were fighting in Ukraine on behalf of Russia, hours after China’s foreign ministry dismissed the accusation as “groundless.” Mr. Zelensky said Ukraine had identified more than 150 Chinese citizens recruited by Russia to fight in Ukraine. “We know that…
