Trump's Tariff Pause Focuses Trade War On China, And More - Five Stories You Need To Know




1. U.S. President Donald Trump's stunning decision to pause most of the hefty duties he had just imposed on dozens of countries brought relief to battered global markets and anxious European leaders, even as he ratcheted up a trade war with China.

2. U.S. and Russian delegations arrived on Thursday for talks in Istanbul on normalizing the work of their diplomatic missions after the war in Ukraine triggered the biggest confrontation between Moscow and the West since the depths of the Cold War.

3. Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump's tariffs, sources told Reuters.

4. Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands.

5. Taiwan state-backed bodies could over the next decade buy an extra $200 billion from the United States and bump up the percentage of LNG it gets from the county by one-third to help narrow the trade deficit, the economy minister said on Thursday.