2025-08-26 02:48:25| BBC News | Business | World Edition

The US president posts a letter addressed to Cook in which he informed her of his decision.

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The agreement was announced just hours after the presidents of the US and South Korea met to discuss tariffs.

President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday.

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26.08	Tuesday Watch
26.08	Ashish Kacholia-backed Vikran Engineering IPO opens for subscription today; GMP at 21%. Should you bid?
26.08	LGT Business Connextions shares to list today. Check GMP ahead of debut
26.08	Trump admin pushes ahead with plans to implement 50% tariff on India; notice issued
26.08	Wall Street ends down as traders focus on Nvidia, Fed after last week's rally
26.08	Asian stocks to slip as inflation clouds Fed cuts
26.08	Hedge funds flip on solar and start betting against oil
26.08	Trump orders removal of Federal Reserve governor Lisa Cook
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