545 stories · Page 6 of 55
On 1 May 2026 President Trump voided last year’s U.S.–EU Turnberry trade deal and said U.S. tariffs on European cars and trucks will jump from 15 % to 25 % next week unless production is moved stateside.
On 2 May 2026, Beijing issued a ministerial injunction forbidding all Chinese parties from recognising or obeying U.S. Treasury sanctions placed on five refineries accused of buying Iranian oil.
Between Apr 29–May 1 2026 Apple reported an all-time high $111.18 billion March-quarter revenue and confirmed that long-time CEO Tim Cook will retire on 1 September, with hardware chief John Ternus succeeding him.
President Donald Trump announced that, starting next week, imports of cars and trucks from the European Union will face a 25 % U.S. tariff—up from the 15 % rate set in last July’s ‘Turnberry’ trade accord—citing EU non-compliance.
On 1 May 2026 Brussels activated the EU-Mercosur free-trade agreement, slashing most tariffs immediately even though the pact’s legality is still awaiting a European Court of Justice ruling.
After leaving policy unchanged at its 30 April meeting, ECB leaders publicly warned on 1 May that they will raise rates at the 11 June session unless Middle-East-driven energy prices retreat.
On 1 May 2026 the European Commission activated the long-negotiated EU-Mercosur agreement, immediately slashing most tariffs despite an unresolved legal challenge in the EU Court of Justice.
On 29 Apr 2026 outgoing Fed chair Jerome Powell said he will keep his governor seat beyond his 15 May term-end until a DOJ-linked probe is “well and truly over,” even as Kevin Warsh won a 13-11 Banking Committee vote, setting up the first chair–ex-chair coexistence since 1948.
OpenAI scrapped its AGI-triggered exclusivity with Microsoft and immediately inked a seven-year, $38 billion distribution agreement with Amazon Web Services, ending Azure’s sole grip on its frontier models.
On 30 Apr 2026 Brent oil spiked more than 6 %, breaching $125 a barrel, after an Axios leak said President Trump would be briefed that day on new U.S. military strikes and a months-long extension of the naval blockade that has kept the Strait of Hormuz closed since February.
Multi-perspective news analysis delivered to your inbox—free. We read 1,000s of sources so you don't have to.
