June 8, 2025
Sydney 29

Does the United States ‘Need’ Canada? What to Know.

President Trump had one big question on his mind as Canadian Prime Minister Mark Carney headed to Washington last week. “I very much want to work with him, but cannot understand one simple TRUTH,” Mr. Trump said in a social media post, reiterating several of ways he believes Canada benefits unfairly from its trade relationship […]

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” pricing […]

How Xi and Putin Got Closer

In terms of geopolitical bromances, this is it. David Pierson, a foreign correspondent for The New York Times covering China, explains how President Vladimir V. Putin of Russia and Xi Jinping, the leader of China, are closer than ever before. Source link

Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump

Officials at the Federal Reserve on Friday showed little sign of deviating from their message that there is no urgency to lower interest rates, despite a claim by President Trump that there is “no inflation.” A solid economy affords the central bank the flexibility to wait and see what the economic impact of Mr. Trump’s […]

Europeans Shun Tesla, Even as Electric Vehicle Sales Rise

Tesla sales in Germany and Britain fell to their lowest point in more than two years in April, cementing a wider trend of Europeans shunning the U.S. automaker, despite growing demand for battery-powered vehicles in Europe. Registrations of new Tesla vehicles dropped nearly 46 percent in Germany and 62 percent in Britain from a year […]

Trump Offers to Pay Immigrants Who Deport Themselves

The Trump administration is offering a cash stipend and travel home to undocumented immigrants who willingly leave the United States, officials said on Monday, its latest effort to increase deportations. The policy, which will offer $1,000 and a flight home to each immigrant who leaves, is part of the Trump administration’s push to persuade immigrants […]