The Latest Breaking News from Washington D.C.

Watch again as chancellor Rachel Reeves gave a speech on the UK economy at the International Monetary Fund in Washington DC on Wednesday (23 April).

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

The leadership in Washington is said to have been angered by Ukraine’s refusal to cede territory to Russia, as Kyiv reiterated once again that there are no peace talks before a complete ceasefire.

NEWS ANALYSIS: As Rachel Reeves prepares for a career defining speech in Washington DC, political editor David Maddox looks at the competing forces turning her dreams of economic growth into a nightmare

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing US Federal Reserve Chair Jerome Powell.

The majority of Americans now fear a recession, even as Donald Trump conceded ultra-high tariffs on China would fall but would not hit zero

Chinese leader’s remarks come amid renewed hopes of a trade deal between Washington and Beijing.

The current trade war between the US and the EU is nothing new. Five major disputes have pitted the two economic powers against one another. So how did they turn out?

As global trade tensions intensify, the increasing demand for elements from the lesser known corners of the periodic table is making them an increasingly important piece on the new geopolitical chess board.

A federal review of helicopter safety concerns launched after the deadly midair collision in Washington, D

Rachel Reeves will meet American counterpart Scott Bessant for talks on an economic deal between the US and UK