President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Paul Manafort, a longtime Republican consultant, is reportedly in talks with special counsel Robert Mueller about a plea deal, but he is resistant to cooperating with prosecutors investigating his former client, President Donald Trump.
On Tuesday night, The Washington Post broke the news that Manafort, who was convicted last month of bank and tax fraud, has been talking with prosecutors from Mueller's team about a potential deal in which he would plead guilty to avoid a second trial this month on different charges.
On Wednesday, ABC News reported that Mueller wants Manafort to cooperate by providing information "related to President Trump and the 2016 campaign " that sent Trump to the White House. Manafort managed that campaign for several months in 2016.
But Manafort "is resisting" and his lawyers do not want the plea deal to include cooperation, ABC News said in its story, citing unnamed sources.
A Wall Street Journal story published Wednesday said that a deal is unlikely to include an explicit requirement that Manafort help Mueller in the special counsel's ongoing probe into the Trump campaign.
The stories came on the heels of a two-day postponement, without explanation, of a hearing for Manafort's upcoming trial in U.S. District Court in Washington, D.C., where he is accused of violating lobbying laws, money laundering and witness tampering.
That hearing, which was originally scheduled for Wednesday, is now set for Friday. Jury selection for the trial in Washington currently is scheduled to begin next Monday.
The Washington case, like the one in Virginia federal court where he was convicted last month, largely relates to work that Manafort did for pro-Russia politicians in Ukraine, before he worked for Trump's campaign.
Manafort, 69, has pleaded not guilty in both cases. He has been held in jail without bail since June, when Mueller charged him with trying to tamper with potential witnesses.
Manafort's spokesman declined to comment Wednesday when contacted by NBC News, citing a gag order in the case.
A spokesman for Mueller also declined to comment when contacted by CNBC.
Mueller's team is continuing to investigate Russian interference in the 2016 presidential election, as well as possible collusion by members of Trump's campaign in that effort.
The special counsel also is investigating whether Trump himself has obstructed justice by seeking to affect the course of the Justice Department's inquiry into Russia's role in the election.
Trump has repeatedly denied any wrongdoing by himself or his campaign. He also has called Mueller's probe a witch hunt.
Manafort attended a meeting in Trump Tower in New York City in June 2016, with, Donald Trump Jr., President Trump's son-in-law Jared Kusher and a Russian lawyer who supposedly had damaging information about Trump's election opponent, Hillary Clinton.
Mueller reportedly has taken a keen interest in that meeting.
Donald Trump Jr. later said in a statement that the Russian lawyer and the Trump team "primarily discussed a program about the adoption of Russian children that was active and popular with American families years ago and was since ended by the Russian government."
"But it was not a campaign issue at the time and there was no follow up," Trump Jr. has said.
President Trump actually dictated that first statement for his son, his lawyers told Mueller in a memo that was obtained by The New York Times.
The younger Trump issued another, later statement, which said that the Russian attorney, at the Trump Tower meeting, had "stated that she had information that individuals connected to Russia were funding the Democratic National Committee and supporting Ms. Clinton."
"Her statements were vague, ambiguous and made no sense. No details or supporting information was provided or even offered. It quickly became clear that she had no meaningful information," Trump Jr. said.
"She then changed subjects and began discussing the adoption of Russian children and mentioned the Magnitsky Act. It became clear to me that this was the true agenda all along and that the claims of potentially helpful information were a pretext for the meeting."