US Treasury Secretary Scott Bessent said Sunday that President Donald Trump could speak with China's Xi Jinping "very soon," and that such a call could help break the logjam in the trade talks between the world's two biggest economies. On when a Trump-Xi call could take place, Bessent said: "I believe we will see something very soon."
Sky-high tobacco prices in Australia have created a lucrative black market, analysts say, sparking a violent "tobacco war" and syphoning away billions in potential tax revenue. In March, the government cut its budget forecast for tobacco tax revenue in the period to 2029 by Aus$6.9 billion.
Demonstrators descended on Tesla dealerships across the United States and Europe on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top advisor to US President Donald Trump. Hundreds rallied Saturday outside the Tesla dealership in New York's Manhattan.
Britain's government is hoping to reach a last-minute post-Brexit trade agreement with Washington to avoid -- or at least mitigate -- more tariffs set to be announced on Wednesday by US President Donald Trump. Prime Minister Keir Starmer, leader of the Labour party that won power in July, visited Washington at the end of February and came away hopeful an accord could be reached.
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