China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry

China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry

French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU … Read more

Kremlin says chances of peace not improved by European and Ukrainian changes to U.S. proposals

Kremlin says chances of peace not improved by European and Ukrainian changes to U.S. proposals

Russian President Vladimir Putin speaks, as he visits the command post of the Russian forces “West” grouping in the course of Russia-Ukraine conflict, in unidentified location, in this still image taken from video released Nov. 20, 2025. Kremlin.ru | Via Reuters Russian President Vladimir Putin’s top foreign policy aide said on Sunday that he was … Read more

U.S., Russian officials to meet in Florida for more Ukraine talks

U.S., Russian officials to meet in Florida for more Ukraine talks

U.S. special envoy Steve Witkoff and U.S. President Donald Trump’s son-in-law Jared Kushner. Alexander Kazakov | Afp | Getty Images U.S. negotiators are set to meet Russian officials in Florida on Saturday for the latest talks aimed at ending Russia’s war in Ukraine, as President Donald Trump’s administration tries to coax an agreement out of … Read more

U.S. hits ISIS in Syria with large retaliatory strikes, officials say

U.S. hits ISIS in Syria with large retaliatory strikes, officials say

U.S. President Donald Trump speaks to members of the media in Washington, DC, U.S., on Friday, Dec. 19, 2025. Bloomberg | Bloomberg | Getty Images The U.S. military launched large-scale strikes against dozens of Islamic State targets in Syria on Friday in retaliation for an attack on American personnel, U.S. officials said. A U.S.-led coalition … Read more

European Union approves over $105 billion toward Ukraine aid package for next two years

European Union approves over 5 billion toward Ukraine aid package for next two years

Demonstrators holding flags of Ukraine and the European Union on the Boulevard du Temple in Paris, France on Feb. 23, 2025. Amaury Cornu | Afp | Getty Images European Union countries will allocate 90 billion euros ($105.5 billion) in aid to Ukraine for 2026 and 2027, EU Council President Antonio Costa said on Friday. “We … Read more

Putin ally Viktor Orbán tells CNBC using frozen Russian assets is a ‘dead end’

Putin ally Viktor Orbán tells CNBC using frozen Russian assets is a ‘dead end’

Russian President Vladimir Putin shakes hands with Hungarian Prime Minister Viktor Orban during a meeting in Moscow, Russia, November 28, 2025. Alexander Nemenov | Via Reuters One of Russia’s last remaining allies in the European Union told CNBC he believes there is no way forward for proposals to fund the rebuilding of Ukraine via frozen … Read more

Ukraine peace talks progressing, Russia open to EU membership, U.S. officials say

Ukraine peace talks progressing, Russia open to EU membership, U.S. officials say

Ukraine’s President Volodymyr Zelensky delivers a press conference at the Chancellery in Berlin, Dec. 15, 2025. John Macdougall | Afp | Getty Images American officials said Monday that a deal with Ukrainian leaders to end its war with Russia was nearly complete, even as territorial disputes remain unresolved and a strong security guarantee from the … Read more

New Trump tariffs collection hits $200 billion, Customs says

New Trump tariffs collection hits 0 billion, Customs says

President Donald Trump smiles from the field before the 126th America’s Game between the Army Black Knights and the Navy Midshipmen at M&T Bank Stadium in Baltimore, Dec. 13, 2025. Patrick Smith | Getty Images The United States has collected more than $200 billion in tariffs this year as a result of new duties imposed … Read more

Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company

Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company

The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as … Read more

Ukraine gives up joining NATO in bid to shift the dial in Russia peace talks

Ukraine gives up joining NATO in bid to shift the dial in Russia peace talks

Ukrainian President Volodymyr Zelenskyy meets with British Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz at 10 Downing Street, in London, Britain, December 8, 2025. Toby Melville | Reuters Ukraine has said it’s willing to give up its aspirations to join NATO in return for security guarantees, as part of … Read more