US trade deficit swells in December as imports surge
The US trade deficit deteriorated even though President Trump unleashed a barrage of tariffs to close trade imbalances.
![Import tariffs weigh on businesses across India as trade deals with EU, US loom [File: Amit Dave/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/02/2026-02-03T100240Z_1864287471_RC29EJACCUGC_RTRMADP_3_APSEZ-RESULTS-1770315150.jpg?resize=770%2C513&quality=80)
![Cuban President Miguel Diaz-Canel said the country would double down on solar power generation [File: Norlys Perez/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/02/2026-01-17T014142Z_1618701892_RC2K2JA0KWPC_RTRMADP_3_USA-VENEZUELA-CUBA-1770321518.jpg?resize=770%2C513&quality=80)
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Panama’s president hits back after China threat in canal ports row
President Mulino responds to China, insists his country upholds the rule of law and and has an independent court system.
US announces proposed critical mineral trading bloc
The aim of the group is to challenge China’s stronghold on the globe’s rare earth mining.
![The meeting comes despite growing global tensions between the United States and key allies [Jonathan Ernst/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/02/2026-02-04T142251Z_807856274_RC22FJA1DC3G_RTRMADP_3_USA-RUBIO-MINERALS-1770223576.jpg?resize=770%2C513&quality=80)
EXPLAINER
Can India switch from Russian to Venezuelan oil, as Trump wants?
US President Donald Trump’s plan to sell Venezuelan oil to India is neat, but may be operationally messy, analysts say.
China warns Panama as Hong Kong firm contests ruling on canal ports
China calls court ruling against Hong Kong firm CK Hutchison on Panama Canal ports ‘absurd’ and ‘shameful’.
Walmart hits trillion dollar market cap for the first time
Walmart stock surged as a new CEO takes the helm and on news of a trade deal with India, a key supplier.
![Walmart stock sank on the news of the synthetic dye phase out. As of 12:00 PM in New York (16:00 GMT) it is down by more than 1.9 percent [File: Mike Blake / Reuters ]](https://www.aljazeera.com/wp-content/uploads/2025/10/2025-05-15T181907Z_1336669089_RC2GIEA06Z2G_RTRMADP_3_USA-TARIFFS-RETAIL-1759335115.jpg?resize=770%2C513&quality=80)
EXPLAINER
Modi, Trump announce India-US ‘trade deal’: What we know and what we don’t
US president says deal reached with India after Modi agreed to stop buying Russian oil. But details are scarce.
Uruguay President Orsi deepens ties with China’s Xi despite Trump threats
Yamandu Orsi is the first Latin American leader to visit China since the US abducted Venezuela’s Nicolas Maduro.
Cuba in contact with US, diplomat says, as Trump issues threat to block oil
Cuban diplomat says Havana ready for dialogue with US, but certain things are off the table, including the constitution.
EXPLAINER
What is the US critical minerals stockpile?
President Trump said the stockpile would ‘ensure that American businesses and workers are never harmed by any shortage’.
Trump cuts India tariffs to 18% as Modi agrees to stop buying Russian oil
US president had slapped India with a punitive 25% tariff for buying Russian oil on top of a 25% ‘reciprocal’ tariff.
