The Trump administration is expected to announce a significant reduction in tariffs on Chinese imports—possibly as early as next week—just as American and Chinese trade officials gather in Switzerland for key negotiations. Sources told The Post that current tariffs of 145% on Chinese goods could be lowered to between 50% and 54%, a rate seen […]
Bank of England (File Photo AP) LONDON: The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration. Most economists believe it’s a […]
US Defense Secretary Pete Hegseth has announced a 20% cut to the number of four-star generals and admirals across all military branches. The move, which applies across all military branches, comes amid wider efforts to reduce the federal government’s size and restructure its leadership along ideological lines. The directive, revealed in a memo signed by […]
Paula Kerger, President and CEO at PBS (Image: AP) Paula Kerger, president & CEO of US public broadcasting service (PBS) on Friday criticised President Donald Trump for his latest executive order which seeks to cut federal funding for PBS and National Public Radio (NPR). Paula called it “blatantly unlawful” and a threat to their ability […]
US President Donald Trump on Thursday signed an executive order aimed at stripping public funding from NPR and PBS, calling the two public broadcasters “biased” and “woke”.The order directs the Corporation for Public Broadcasting (CPB) — which receives over $500 million annually from Congress — to “cancel existing direct funding to the maximum extent allowed […]
What began as a routine segment on CNN’s NewsNight with Abby Phillip Wednesday quickly turned into a combative on-air meltdown, with personal attacks, racial tensions, and an explosive exchange between The View host Ana Navarro and CNN contributor Shermichael Singleton.The debate centered on President Donald Trump’s controversial deportation of Salvadoran migrant Kilmar Abrego Garcia, accused […]
President Trump suggested Sunday his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda. Trump has previously argued tariff revenue could replace income taxes, though economists have questioned those claims. “When tariffs cut in, many people’s income taxes will be […]
The US Army Corps of Engineers has marked the Line 5 pipeline tunnel as a priority project under an emergency order issued by president Donald Trump in January, reported news agency Associated Press.The order was part of a broader push to reduce US dependence on foreign energy. It directs federal agencies to fast-track permits for […]
Japan seeks quick resolution to US tariffs as profits decline. Economic Revitalisation Minister Ryosei Akazawa will negotiate in Washington this week. He aims to review Trump’s tariffs. Japanese firms are major US investors. Vehicles form a large part of Japan’s exports to the US. Prime Minister Shigeru Ishiba discussed the tariff impact with Singapore’s Prime […]
Two faculty organisations at Harvard University filed a lawsuit on Friday against the Trump administration, claiming it is violating constitutional rights by threatening to cut billions in federal funding. The American Association of University Professors (AAUP) and its Harvard chapter are challenging the administration’s decision to review nearly $9 billion in federal funds given to […]
