- US President Donald Trump abruptly paused part of his tariff assault on trading partners, dialing back duty rates on goods from many countries for 90 days to allow room to negotiate lower trade barriers, even as he hiked new tariffs on Chinese goods to 125%.
- Global stocks surged and a manic bond selloff stabilized following the announcement. Watch our daily rundown on financial markets.
- Analysis: Wall Street traders and investors have been sent to the brink over the past week, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values. A massive relief rally, however, comes with a caution sign.
- Chinese companies that sell products on Amazon are preparing to increase prices for the United States or quit that market due to the duty hikes, sellers and the head of China's largest e-commerce association said.
- Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat Trump's tariffs, sources told Reuters.
- Six years ago, Trump and LVMH's CEO Bernard Arnault cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton. But since the opening, the factory has faced a host of problems limiting production, former employees told Reuters.
- US consumer prices likely increased marginally in March, but inflation risks are tilted to the upside. The report from the Labor Department due today should capture only a fraction of the first wave of Trump's barrage of import duties.
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- US federal spending cuts threaten to reverse a steep decline in American overdose deaths and are jeopardizing other gains in the battle against synthetic opioids, people on the front lines of the anti-narcotics fight say. Read our special report.
- Moon vs. Mars? Jared Isaacman, Trump's NASA pick, says both can be done at the same time. He faced questions from senators about his ties to Elon Musk and how he'd balance Trump's focus on Mars with the agency's moon program. Listen to Correspondent Joey Roulette on today's Reuters World News podcast for more.
- US and Russian delegations arrived for talks in Istanbul on normalizing the work of their diplomatic missions after the war in Ukraine triggered the biggest confrontation between Moscow and the West since the depths of the Cold War.
- Russia released a dual citizen jailed for donating to a charity providing aid to Ukraine in a swap with the United States for a German-Russian citizen accused of exporting sensitive US electronics for use in Russia's military.
- South Korean opposition leader Lee Jae-myung, who is the front-runner in opinion polls to be the country's next leader, declared his bid for the presidency, promising to fix inequality and spur economic growth. Here are the top contenders.
- A roof collapse at a popular nightclub in the capital of the Dominican Republic has claimed at least 184 lives, authorities said, as the search for survivors turned increasingly grim.
- The Catholic Church starts its busiest week of the year on Sunday with the countdown to Easter, but Pope Francis remains out of public view after surviving double pneumonia and it is unclear whether he will take any part in the celebrations.
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The Wider Image: From France to Mali, a deportee's struggle far from home |
Moussa Sacko, 25, drives his motorbike on a street in Bamako. REUTERS/Luc Gnago |
Moussa Sacko was born in Mali but moved to France as a young child to treat a chronic eye condition. He spent most of his life in Montreuil, a Paris suburb, before being deported from the country in July. Like Sacko, hundreds of foreign nationals previously protected because they grew up in France now face expulsion under legislation introduced last year. |
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K-pop fans in China live like their idols, just for a day. REUTERS/Go Nakamura |
A K-pop-inspired "idol experience center" in Shanghai is allowing customers to live like their favorite stars, if only for a day. Opened last year by entrepreneur Chen Rong, the center attracts about 40 customers daily who dance choreographed routines and pretend to sign autographs for imagined fans at a mock meet-and-greet. |
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Megyn Kelly -> Pete Hegseth responds to 2017 rape accusation. 🔥 vol. 3, issue 13 | December 6, 2024 Quick Hits All the news you need in...
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