Oil prices soar following the imposition of new sanctions to Iran, one of the major crude exporters. The renewed sanctions came into force early on Tuesday.
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Trump decided to impose 10% and 25% tariff on imported steel and aluminum, respectively, from EU, Canada and Mexico. US tariffs set off a domino effect.
US Secretary of State welcomes Kim Yong Chol in USA, Pyongyang’s senior official and trusted adviser to North Korea’s leader. The North Korean envoy will meet Pompeo in New York to discuss over the scheduled Singapore Summit.
WORLD Trump is expected to withdraw United States out of the 2015 Iran nuclear Deal on May 12, which is the deadline given by the US President to the European major powers to fix the flaws of the accord. Tehran says will not renegotiate nuclear deal and warns against changes considering them unacceptable.
WORLD High-level officials from the world’s two largest economies, U.S. and China, are scheduled to meet in Beijing on Thursday and Friday to smooth over their trade differences escalated in recent months with both sides threatening to impose reciprocal additional tariffs on each other’s products.