Washington and Beijing may soon strike a trade deal. President Donald Trump said China's hefty tariff rate of 145% will also likely drop "substantially."

President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.

President Donald Trump will be among the world leaders attending the funeral of Pope Francis set for Saturday Saturday, April 26 in Rome.

U.S. President Donald Trump said on Monday he will attend Pope Francis' funeral in Rome. "Melania and I will be going to the funeral of Pope Francis, in Rome," Trump said on Truth Social. Copyright 2025 Thomson Reuters.

Donald Trump has said he has “no intention” of firing the Federal Reserve chair Jay Powell, after indications that he could sack him sparked a sell-off in markets. The president has repeatedly hit out against the Fed chair’s refusal to cut interest rates and last week signalled he believed he could dismiss Powell before his term as central bank head comes to an end in May 2026.

Gold prices soared to a record high, hitting the crucial $3,500 mark on Tuesday, as concerns over U.S. President Donald Trump's criticism of Federal Reserve Chair Jerome Powell dampened risk sentiment and drove investors towards safe-haven bullion.

The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump’s intention to oust Federal Reserve Chair Jerome Powell weighed on investors.

U.S. President Donald Trump met with major retailers, including Walmart (WMT.N), opens new tab, Home Depot (HD.N), opens new tab, Lowe's (LOW.N), opens new tab and Target (TGT.N), opens new tab, on Monday to discuss broad-based tariffs likely to raise the cost of everyday goods that they import.