South African President Cyril Ramaphosa addresses the opening session of the G20 leaders' summit in Johannesburg, South Africa, November 22, 2025. Misper Apawu/Pool via REUTERS
Politics

The G20 summit in South Africa ends with the glaring absence of the U.S. after Trump’s boycott

White House Press Secretary Karoline Leavitt holds a letter from President Donald Trump addressed to South Korean President Lee Jae Myung during a press briefing at the White House in Washington July 7, 2025. | Andrew Caballero-Reynolds/AFP via Getty Images
Global Trade

Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations

Brazil's President Luiz Inacio Lula da Silva, China's Premier Li Qiang, Russia's Foreign Minister Sergei Lavrov, India's Prime Minister Narendra  Modi, Indonesian President Prabowo Subianto, South Africa's President Cyril Ramaphosa, Egypt's Prime Minister Mostafa Madbouly, Ethiopia's Prime Minister Abiy Ahmed Ali, Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Iran's Foreign Affairs Minister Seyed Abbas Araghchi pose for a family photo during the BRICS Summit in Rio de Janeiro, Brazil July 6, 2025. REUTERS/Pilar Olivares
Politics

Donald Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil

Donald Trump watches a video screen at a campaign rally at the Salem Civic Center, Saturday, Nov. 2, 2024, in Salem, Va. (AP Photo/Evan Vucci)
Global Trade

Tariff turnabouts send US corporate heads spinning

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World

Emerging economies are pushing to end the dollar’s dominance. But what’s the alternative?

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