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Ukraine war or face severe economic consequences. This move comes as Trump attempts to fulfill his promise of ending the conflict swiftly, a promise that has already faced skepticism. On Truth Social, Trump warned Putin of high taxes, tariffs, and sanctions on Russian goods if a peace deal is not reached soon. Despite the tough rhetoric, Trump also expressed his admiration for the Russian people and his past good relations with Putin, highlighting the complex nature of their relationship.

Subscribe to enjoy similar stories. DAVOS, Switzerland—Allies of President Trump beamed into the World Economic Forum to chide European leaders for their handling of the war in Ukraine, with one top administration official warning that efforts to fold the country into NATO during peace talks with Russia would run into an American “buzz saw." North Atlantic Treaty Organization Secretary-General Mark Rutte, seated on a white dais flanked by European leaders in a hotel ballroom, kicked off a breakfast in support of Ukraine on the sidelines of the elite gathering Thursday.

tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending is too high or tax revenue too low?

The rally in Canadian bank equities is at risk from a potential trade war that would quickly cause a surge in unemployment and loan defaults, analysts at National Bank of Canada said.

Subscribe to enjoy similar stories. Donald Trump has announced a $500-billion venture called Stargate (the name is inspired by sci-fi) to build AI-focused data centres and other infrastructure in the US. The aim is to lead in AI, create 100,000 jobs, and outpace China.

Donald Trump on Tuesday indicated he may impose fresh sanctions on Russia if President Vladimir Putin refuses to negotiate a deal to end the war in Ukraine.

Subscribe to enjoy similar stories. Donald Trump’s criticism of China on the campaign trail and after his election had raised the specter that Day 1 of his second presidency would reignite a trade war between the world’s two largest economies.

Subscribe to enjoy similar stories. Retired Lt. General Keith Kellogg is a decorated Vietnam-era veteran who rose to the rank of lieutenant general in the army.

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Subscribe to enjoy similar stories. Humanitarian supplies are pouring into the Gaza Strip at an unprecedented rate, as foreign governments and aid groups race during a pause in the fighting to bring much needed relief to the beleaguered population. The flows enabled by the cease-fire deal that went into effect Sunday morning are exceeding the 600 trucks a day called for in the agreement.

Subscribe to enjoy similar stories. A contested will, family agreement, multiple HUFs and warring siblings, the ongoing feud between Babasaheb Kalyani and his sister Sugandha Hiremath at the $3 billion Kalyani group, has all the familiar ingredients of the boiling pot that is the Indian business family.

Donald Trump on Tuesday said he is ready to meet his Russian counterpart Vladimir Puti anytime, but at the same time warned that he would likely impose sanctions on Russia if the latter does not come to the negotiations table on the issue of Ukraine. «It sounds likely,» Trump told reporters when asked if the US will impose additional sanctions on Russia if Putin doesn't come to the negotiation table.

Subscribe to enjoy similar stories. India's multiplex boom may be losing steam. With the box office struggling to deliver consistent hits, especially in the Hindi belt, leading chains are slowing their expansion plans, prioritising sustainability over aggressive growth.

Israeli military operation in the occupied West Bank killed at least nine Palestinians on Tuesday and left at least 40 more people wounded, Palestinian health officials said, as Israel's fragile ceasefire with Hamas in Gaza entered its third day.

Donald Trump will be looking at brokering a massive peace deal in the coming days, and reports suggest that Trump could already be in talks with Russian President Vladimir Putin and Ukrainian President Zelensky about some round-table discussions in the coming days, as Trump's primary goal, even during the election period has been majorly about peace across major conflicting regions across the world.

“A tariff is essentially a tax that you put on goods and services that you import from another country,” said Fen Osler Hampson, professor of international affairs at Carleton University and co-chair of the Expert Group on Canada-U.S. Relations.  

BEIJING — Chinese Vice Premier Ding Xuexiang warned there are «no winners» in a trade war, as the world's second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump.

Donald Trump vowed to impose steep tariffs of 10% to 20% on global imports into the US and 60% on goods from China on his first day in office to help reduce a trade deficit that now tops $1 trillion annually. Trump had promised nearly 100 executives on his Day 1 as the president and imposition of tariffs was expected to be one of those major orders. «We should expect some fairly rapid moves on tariffs because contrary to what a lot of the commentaries are expecting, what we are likely to see from Donald Trump is 'tariffs-first talk-later' rather than using the threat of tariffs to bring people to the table, impose the tariffs first, ratchet them back in return for concessions,» Alastair Newton, CEO, Alavan Business Advisory, had told ET Now.

Donald Trump said Monday he was not confident a ceasefire deal in Gaza would hold, despite trumpeting his diplomacy to secure it ahead of his inauguration.