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Trump and Xi discuss trade tensions in a phone call, aiming for a positive resolution amid accusations of tariff violations.
Japan's trade negotiator confirms progress in tariff talks with the US but states no agreement has been reached ahead of the G7 summit.
US added 139,000 jobs in May, with unemployment steady at 4.2%, amid economic uncertainties and tariff concerns.
Russia's Central Bank cuts interest rate to 20% as inflation pressures ease and economy slows, marking its first reduction since September 2022.
Elon Musk suffers a significant wealth loss of $34 billion due to a public feud with Donald Trump affecting Tesla's stock.
Tesla shares drop sharply as CEO Elon Musk criticizes Trump's new tax bill, sparking investor concerns over the company's future.
NATO prepares to revise defense spending, influenced by U.S. demands for increased contributions and responses to geopolitical threats.
US trade deficit falls significantly in April due to tariffs affecting imports and exports, with implications for future economic performance.
US auto suppliers raise alarms over China's rare earth restrictions, warning of imminent production disruptions and economic fallout.
The U.S. has raised tariffs on steel and aluminum to 50%, impacting consumers and trade relationships with key allies.
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