Jamieson Greer, left, the U.S. trade representative, and Treasury Secretary Scott Bessent met for trade talks in May with He Lifeng, China’s vice premier for economic policy, in Geneva. The delegations will meet again this week in Sweden.
Locals in Canton, N.C., are trying to figure out what’s next after losing the thing that gave them an identity: their beloved, stinky paper mill.
Demolition of the paper mill in Canton, N.C. For more than a century, the mill provided jobs with good salaries and a strong sense of identity for the town.
As inflation surges under President Trump’s renewed sanctions, Venezuelan authorities are trying to keep a lid on the country’s worsening financial situation.
U.S. dollar bills and Venezuelan bolívars. Though the bolívar is Venezuela’s official currency, the country operates on a dual-currency system, and many people paid in bolívars spend in dollars.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
A shopping area in Beijing. Confronting a trade war with the United States, China’s government has poured $42 billion this year into a consumer trade-in program.
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.