The Guardian view on China’s carrots and sticks: Trump should not soften on Taiwan when he visits Beijing | Editorial

The Guardian view on China’s carrots and sticks: Trump should not soften on Taiwan when he visits Beijing | Editorial

China senses opportunity when Donald Trump visits later this month. A nakedly transactional US president in need of a trade deal, and hoping that Beijing could lean on Iran, might shift on Taiwan in return. China’s foreign minister, Wang Yi, linked the issue explicitly to broader bilateral cooperation in his call with Marco Rubio, the…

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Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall

Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall

Prime Minister Mark Carney of Canada presented a budget update on Tuesday showing that his government’s deficit would be less than projected last fall and that the country’s economy would most likely grow over the coming year despite several key industries being buffeted by President Trump’s tariffs. The spring economic update, a mini budget of…

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Treasury Issues More Sanctions on Iranian Oil Exports

Treasury Issues More Sanctions on Iranian Oil Exports

The Trump administration on Tuesday ratcheted up economic pressure on Iran, warning financial institutions not to allow independent Chinese refineries to buy Iranian oil and cracking down on Iran’s “shadow” banking sector. The measures were the latest actions taken as part of the Treasury Department’s “Operation Economic Fury,” which aims to cripple Iran’s economy and…

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