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U.S. and China could reach trade deal to avoid 100% tariffs, Scott Bessent says

admin - Latest News - October 26, 2025
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President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert 100% tariffs on China and likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator



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Oct. 26, 2025, 6:11 AM EDT / Updated Oct. 26, 2025, 6:34 AM EDTBy Nick Duffy and Freddie ClaytonFrench police have arrested two men in connection with the heist of France’s crown jewels from the Louvre Museum in Paris, officials said Sunday.One of the men was arrested on Saturday evening while “preparing to leave the country” from Paris Charles de Gaulle Airport, Paris Prosecutor Laure Beccuau said in a statement.She said that investigators are still working “to recover the stolen jewels and to locate all of the perpetrators,” adding: “It is too early to provide any further detail. I will release additional information at the end of this period of police custody.”A huge police operation has been underway to locate the four thieves who were captured on camera making off with eight pieces from the museum in a daylight robbery early last Sunday. The robbers arrived with a furniture-lift truck, sliced through a window of the Galerie d’Apollon, threatened guards and smashed through two display cases, speeding off on scooters before police could respond.The stolen crown jewels have an estimated value of 88 million euros ($102 million), not counting their emotional and historical value to the French people.Beccuau, whose office is leading the probe, condemned leaks appearing in French media, saying that “hasty disclosure of this information by individuals who had knowledge of it, without any consideration for the investigation” could hinder progress.Investigators have previously raised fears that the thieves would be likely to melt down and break up the artefacts to sell them off.“The wrongdoers who took these gems won’t earn 88 million euros if they had the very bad idea of disassembling these jewels,” Beccuau said in an interview with broadcaster RTL. “We can perhaps hope that they’ll think about this and won’t destroy these jewels without rhyme or reason.”Nick DuffyNick Duffy is a weekend and world editor for NBC News.Freddie ClaytonFreddie Clayton is a freelance journalist based in London. 
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Nov. 19, 2025, 9:18 PM EST / Updated Nov. 19, 2025, 9:33 PM ESTBy Zoë RichardsPresident Donald Trump and Zohran Mamdani are set to meet in person on Friday, days after Mamdani, the New York mayor-elect, reached out to the White House to arrange a sit-down.Trump wrote Wednesday night on Truth Social post that Mamdani had asked for a meeting and that they “agreed that this meeting will take place at the Oval Office” this Friday. Trump said “further details” were forthcoming.A spokesperson for Mamdani confirmed the plans.“As is customary for an incoming mayoral administration, the Mayor-elect plans to meet with the President in Washington to discuss public safety, economic security and the affordability agenda that over one million New Yorkers voted for just two weeks ago,” spokesperson Dora Pekec said in a statement Wednesday night.Mamdani told reporters Monday that his team had contacted the White House to propose a meeting as part of a pledge to voters to “address the affordability crisis that is pushing so many of them out of the city” and that Trump’s economic policies were contributing to high costs of living in New York.Zohran Mamdani: ‘My team reached out to the White House’00:53In an interview last week with NBC New York, Mamdani called a relationship with Trump “critical to the success of the city.”Trump, who endorsed former Gov. Andrew Cuomo, who ran for mayor as an independent, has repeatedly referred to Mamdani, a self-described democratic socialist, as a “communist,” while downplaying concerns from voters about the economy and costs of living.Trump recently hinted at a cooling of tensions with Mamdani after months of heated criticism between the two, saying Sunday that Mamdani had expressed an interest in coming to Washington and that “we want to see everything work out well for New York.”During his mayoral campaign, Mamdani pitched himself as a strong opponent to Trump and highlighted an agenda of curbing costs of child care, housing, groceries and transportation for New Yorkers.Zoë RichardsZoë Richards is a politics reporter for NBC News. Insiya Gandhi contributed.
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