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U.S.-China Trade Tensions to Hammer Air Cargo

Trade tensions between the US and China will hammer air cargo this year, an industry body warned Tuesday, the latest sign the tariff slugfest is damaging the global outlook. 

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On N. Korea, Trump Clings to 'All or Nothing' Strategy

In Hanoi, Donald Trump overturned the widely held assumption he would be willing to settle for an interim agreement on North Korea's denuclearization.

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Russia Telecoms Giant MTS to Pay $850 mn in U.S. Corruption Case

Russian telecoms giant MTS said Thursday it had agreed to pay $850 million to settle a US corruption case stemming from its operations in ex-Soviet Uzbekistan.

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Trump 'Walks' as North Korea Talks End Abruptly without Deal

The U.S.-North Korea nuclear summit in Hanoi ended abruptly without a deal Thursday, with President Donald Trump saying he had decided to "walk" in the face of Kim Jong Un's demands to drop sanctions.

The much-anticipated second meeting between the two leaders was supposed to build on their historic first summit in Singapore, but they failed to sign a joint statement as initially scheduled and the talks ended in deadlock.

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Maduro Says U.S. Wants to 'Fabricate' Venezuela Crisis to Start War

Venezuelan President Nicolas Maduro accused the American government of manufacturing a crisis in an attempt to start a war in South America, in an interview broadcast on Monday.

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Crunch Time as High-Level U.S.-China Trade Talks Resume

With eight days left in their trade truce, top U.S. and Chinese officials on Thursday returned to the daunting task of bridging a chasm between the world's two largest economies.

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U.S. Debt Hits Record under Trump, Republicans Mum

More massive than the US economy, the national debt hit a new record of $22 trillion under President Donald Trump but Republicans who traditionally rail against debt and deficits have remained mum.

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Treasury Secretary Mnuchin Calls US-China Talks 'Productive'

Treasury Secretary Steven Mnuchin said the United States had "productive" talks with China over their trade dispute after negotiations in Beijing ended Friday with no sign that any concrete progress had been made.

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U.S. and China Seek Deal to Prevent Trade War Escalation

U.S. and Chinese negotiators on Thursday kicked off two days of high-level talks that President Donald Trump says could decide whether he escalates the bruising tariff battle between the world's two biggest economies.

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U.S. Calls for Compliance with Nuclear Treaties

The U.S. has called for other permanent members of the United Nations Security Council to adhere to the Nuclear Non-Proliferation Treaty.

The call Thursday by Undersecretary of State for Arms Control and International Security Affairs Andrea Thompson in Beijing comes as the U.S. is preparing to withdraw from a separate pact, the 1987 Intermediate-Range Nuclear Forces Treaty between the United States and the former Soviet Union.

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