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Geneva officials announced Monday that the US and China will slash reciprocal tariffs from 125% to 10% under a 90-day agreement, halting a months-long trade standoff.
The deal suspends measures imposed after April 2 but preserves Trump-era tariffs, including a 20% levy on Chinese fentanyl-related imports enacted earlier this year.
The truce
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Read more: U.S.-China Trade Truce Cuts Tariffs to 10%, Retains Fentanyl Levies in 90-Day Pause Deal
Write comment (97 Comments)(Analysis) Colombia and Brazil are courting Chinese investment through Belt and Road partnerships, even as the Trump administration reinforces historic claims over the hemisphere.
President Gustavo Petro’s delegation secured $5.2 billion for Bogotá’s metro system during May 2025 Beijing talks, while Brazil finalized 48 deals worth $94 billion in soy
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Read more: Latin America’s China Gambit Collides With Washington’s Resurgent Monroe Doctrine
Write comment (96 Comments)Colombian President Gustavo Petro arrived in Beijing on May 11, 2025, to formalize negotiations for joining China’s Belt and Road Initiative (BRI), a move that risks destabilizing the nation’s $35 billion annual trade relationship with the United States.
The delegation, including eight ministers, seeks Chinese financing for infrastructure and
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Read more: Colombia’s Strategic Pivot to China Sparks Trade Tensions and Domestic Debate
Write comment (99 Comments)American financial regulators are blocking international efforts to impose climate-risk mandates on banks, framing the rules as ideologically driven policies that threaten U.S. economic competitiveness.
At the center of the dispute lies the Basel Committee’s Task Force on Climate-related Financial Risks (TFCR), which proposed binding standards for b
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Read more: U.S. Banks Resist Global Climate Rules, Citing Economic Risks and Regulatory Overreach
Write comment (93 Comments)Colombia granted political asylum to former Panamanian President Ricardo Martinelli on May 10, 2025, enabling his departure from Nicaragua’s embassy in Panama City after a 16-month refuge.
The Colombian Foreign Ministry confirmed the decision, coordinating safe passage via diplomatic vehicle to an airport for a flight to Bogotá. Martinelli, 73,
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Read more: Colombia Grants Asylum to Panama’s Ex-President After 16-Month Embassy Refuge
Write comment (94 Comments)[Brazil] - Succession Showdown: Bolsonaro's Legal Woes Fuel Battle Between Wife, Allies for 2026 Bid
Brazil's conservative populists deal with a defining power battle as former President Jair Bolsonaro, disallowed from workplace until 2030, fights coup-related charges that might land him in prison.With his political survival at stake, allies vie to become his 2026 proxy-a race splitting his movement in between family commitment and practical alliances.Michelle
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