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Ukraine's allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv's war effort, a debate that is ever more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier.
The Chinese foreign ministry announced sanctions against former Rep. Mike Gallagher, R-Wis., on Tuesday, the day after Taiwan inaugurated a new president.
BEIJING (AP) — China on Tuesday sanctioned Mike Gallagher, a former Republican member of Congress from Wisconsin who has shown support for Taiwan.
WASHINGTON (AP) — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
Taiwan's new president, Lai Ching-te, was sworn in on Monday, amid rising tensions with China which is deeply suspicious of the current leadership and has previously referred to the incoming leader as a "stubborn worker" for the island's independence. Lai takes over from his predecessor Tsai Ing-wen after securing a victory in January's election that ushered in an unprecedented third presidential term for the Democratic Progressive Party. Together with Lai, Hsiao Bi-khim, 52, a former de facto Taiwan ambassador to the United States, was also sworn in as vice president. Lai is widely expected to
In some of his most hawkish comments to date, the head of Canada's intelligence agency is warning Canadians — including teenagers — against using the wildly popular video app TikTok.
This is CNBC's live blog tracking developments on the war in Ukraine. Check below for the latest updates.
WASHINGTON (AP) — Whether it’s tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world’s No. 2 economy that threatens to take the democratically ruled island by force if necessary.