Author: Daniel snow

Deputy Treasury Secretary Michael Faulkender said Monday that the Trump administration continues “to make very good progress” on trade negotiations, and it is “close to the finish line on a couple” of deals.”As long as we continue to make progress, I think you’re going to see a lot more deals that are announced prior to that July 9 time frame,” Faulkender said on CNBC’s “Squawk Box.”President Donald Trump on April 9 paused his “reciprocal” tariffs on most U.S. trade partners for 90 days, pushing implementation of the steep levies to early July.At the time, the Trump administration said it was…

Read More

The Netherlands far-right PVV Freedom Party leader Geert Wilders speaks to the media representatives following the European Parliament elections provisional results in The Hague on June 6, 2024. Emiel Muijderman | Afp | Getty ImagesThe Dutch government collapsed on Tuesday after disagreements over immigration proposals led to far-right leader Geert Wilders withdrawing his party from the ruling coalition.Wilders said in a CNBC-translated post on the X social media platform that his Party for Freedom (PVV) party would be departing over the alliance’s lack of support for their asylum proposal.”We had no choice. I promised the voter the strictest asylum policy ever,…

Read More

Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025.Michael Nguyen/NurPhoto via Getty ImagesEuro zone inflation fell by more than expected to 1.9% in May, below the European Central Bank’s 2% target, flash data from statistics agency Eurostat showed Tuesday.Economists polled by Reuters had expected the May reading to come in at 2%, compared to the previous month’s 2.2% figure.So-called core inflation, which excludes energy, food, tobacco and alcohol prices, eased from 2.7% in April to 2.3% in May. The closely watched services inflation print…

Read More