May 13, 2026 9:27 AM

US has finalized tariff refunds of $35.5 billion as of May 11

The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7 a.m. ET on May 11, the U.S. Customs and Border Protection had received 126,237 applications for refunds covering an undisclosed number of shipments or entries, according to the court filing. The agency said it had validated 86,874 of those applications covering 15.1 milli...

May 13, 2026 9:25 AM

US appeals court pauses ruling against Trump’s 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the Trade Act, keeping the tariffs in place for three importers that had won a reprieve from the duties last week. * The U.S. trade court ruled against the new tariffs on Friday, but did not widely block their collection * The Trump administration appealed * While the ruling is paused, tariffs resume for the two businesses and Washington state, whic...

May 13, 2026 9:20 AM

Trump promises US-Cuba talks but gives no details

President Donald Trump said on Tuesday Cuba is asking for help and "we are going to talk," without providing any more information about U.S. plans. Trump has heaped pressure on the Caribbean island nation since returning to office last year, and threatened that Cuba "is next" after U.S. forces captured Nicolas Maduro, the president of longtime Cuban ally Venezuela, in January. "No Republican has ever spoken to me about Cuba, which is a failed country and only heading in one direction - down! C...

May 13, 2026 9:17 AM

Kremlin, Trump say Ukraine war nearly over after Zelenskiy casts doubt

The Kremlin repeated Russian President Vladimir Putin's assertion that the war in Ukraine was almost over on Tuesday and U.S. President Donald Trump said the war's conclusion was "very close," perspectives not shared by Ukrainian President Volodymyr Zelenskiy, who said Moscow had no intention of ending it. "I think that the matter is coming to an end," Putin told reporters on Saturday. Asked to comment on Putin's remarks, Kremlin spokesman Dmitry Peskov said on Tuesday that a certain amount of...

May 13, 2026 9:13 AM

Trump says he does not need China’s help to end Iran war, Tehran tightens grip on Hormuz

U.S. President Donald Trump said on Tuesday he does not think he will need China's help to end the war with Iran, even as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz. Ahead of a high-stakes summit in Beijing, Trump said he did not think he would need to enlist Chinese President Xi Jinping to resolve the conflict, which has continued to block maritime traffic that normally provides one-fifth of the world's oil supply. "I don't think we need an...

May 13, 2026 12:37 PM

US-Iran ceasefire under strain as Trump rejects Tehran proposal, regional tensions escalate

The fragile ceasefire between the United States and Iran appears increasingly unstable after President Donald Trump rejected Tehran’s latest peace proposal, describing the agreement as being on "massive life support" and dismissing Iran’s counter-offer as "garbage." The sharp exchange has deepened uncertainty over efforts to prevent a wider conflict in West Asia. Iran’s parliament speaker Mohammad Bagher Ghalibaf warned that the country’s armed forces were "prepared to deliver a lesson-...

May 9, 2026 3:31 PM

US, Iran no closer to ending war as Gulf clashes flare

The U.S. and Iran appeared no closer on Saturday to finding an end to their war after the two sides traded fire in the Gulf amid a tenuous ceasefire, while a U.S. intelligence analysis concluded Tehran could withstand a naval blockade for months. Recent days have seen the biggest flare-ups in fighting in and around the Strait of Hormuz since a ceasefire began a month ago, and the United Arab Emirates came under renewed attack on Friday. Washington has been awaiting Tehran's response to a U.S. ...

May 8, 2026 9:22 PM

US expects Iranian response to peace proposal on Friday, fighting flares in Gulf

The United States said it expected an Iranian response as soon as later in the day on Friday to its latest proposal to end the war in the Gulf, even as U.S. and Iranian forces clashed in the Gulf and the United Arab Emirates came under renewed attack. Recent days have seen the biggest flare-ups in fighting in and around the contested Strait of Hormuz since a ceasefire began a month ago, despite the U.S. and Iran indicating they were closer than ever to a deal to end the war. "We should know so...

May 6, 2026 9:49 AM

Trump, Xi likely to discuss Taiwan next week, U.S. says

Taiwan is likely to be a topic of conversation between U.S. President Donald Trump and Chinese President Xi Jinping when they meet next week, said Secretary of ⁠State Marco Rubio. Rubio told a White House press briefing that the United States doesn’t need any destabilizing events to occur with regard to Taiwan. "I'm sure Taiwan will be a topic of conversation; it always is,” Rubio said. “I think both countries understand that it is in neither one of our interests to see anything destab...

May 6, 2026 9:46 AM

Brazil’s Lula to raise organized crime in talks with Trump this week

Brazil President Luiz Inacio Lula da Silva will bring up the topic of an agreement to combat organized crime in his meeting with U.S. counterpart Donald Trump this week, Vice President Geraldo Alckmin said on Tuesday. The countries can do "important work in combating transnational organized crime," Alckmin told news channel GloboNews, adding that Lula has already raised the agreement with Trump and will do so again at their meeting. Lula and Trump are expected to meet on Thursday, following a ...