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​A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on May 7, 2025.
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US and China open talks to ease trade tensions

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with their Chinese counterparts in Geneva on Saturday in a bid to ease escalating trade tensions that have led to punishing tariffs of up to 145%. Ahead of the meetings, Trump said that he expects tariffs to come down.

The banking crisis, AI & Ukraine: Larry Summers weighs in
GZERO World with Ian Bremmer

The banking crisis, AI & Ukraine: Larry Summers weighs in

The recent spate of bank failures has caused significant turbulence in markets and left investors jittery across the globe, from Silicon Valley to Switzerland. But is this a sign of a systemic banking crisis or of a more fundamental flaw in capitalism? In an interview with Ian Bremmer on GZERO World, former US Treasury Secretary Larry Summers provides an in-depth analysis of the situation.

Larry Summers photo, with GZERO World with Ian Bremmer: the podcast logo
GZERO World with Ian Bremmer Podcast

Podcast: Larry Summers breaks down the banking crisis

Listen: On the GZERO World podcast, Ian Bremmer and former US Treasury Secretary Larry Summers discuss the recent bank failures that are disrupting global markets and worrying investors worldwide. They discuss whether the current situation constitutes a banking crisis and explore the role of inflation in contributing to the problems. As an inflation expert, Summers provides valuable insights and predictions on the duration of the financial turmoil.