Donald Trump (File Photo) The inauguration on January 20, 2025, marked the start of Donald Trump‘s second presidency. Since he took office, so much has changed in US politics that it’s hard to believe it’s only been 100 days, during which numerous 180-degree turns have occurred. Whether it’s fundamental shifts in US foreign policy or […]
While millions of Canadians cast their ballots today, US President Donald Trump inserted himself into the mix with a jaw-dropping offer. He said Canada could have “zero tariffs” and “free access with no border” — if it would become “the beloved 51st state.”In a flurry of social media posts, Trump asserted that the US could […]
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 […]
China on Saturday slammed the “extreme selfishness” behind tariffs, indirectly referring to the steep duties imposed by US President Donald Trump, describing it as an “unjustified trade war.”According to the Chinese foreign ministry’s statement, top diplomat Wang Yi told his Uzbek counterpart Bakhtiyor Saidov on Friday that, “Certain countries” resort to “pressure and coercion, and […]
Karin Keller-Sutter, Swiss President (AP) GENEVA: The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping US tariffs on dozens of countries that have shaken global markets.Karin Keller-Sutter, in an interview with broadcaster SRF published Friday, […]
A dozen states, most of them led by Democrats, sued President Donald Trump over his tariffs on Wednesday, arguing that he has no power to “arbitrarily impose tariffs as he has done here”.Contending that only Congress has the power to legislate tariffs, the states are asking the court to block the Trump administration from enforcing […]
BEIJING: China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart William Ruto in Beijing.Relations between Beijing and Nairobi will be upgraded to a “China-Kenya community with a shared future for the new era”, Chinese state news agency […]
Representative Image(AI) ” decoding=”async” fetchpriority=”high”/> TAIPEI: Taiwan’s cabinet announced on Thursday a planned special budget of up to NT$410 billion ($12.6 billion) to boost security and the economy against the impact of new US tariffs.Taipei said it held its first tariff discussions with the United States this month as President Lai Ching-te seeks to shield […]
US president Donald Trump has suggested that the historically high tariffs he imposed on Chinese imports will not last. Speaking from the Oval Office on Tuesday, Trump told reporters the 145% tariff rate would eventually “come down substantially,” even as he maintained a confident tone about the US’s bargaining position.“145% is very high, and it […]
Ana Swanson, who covers trade and international economics for The New York Times, talks to Jeanna Smialek, The Times’s Brussels bureau chief, and Keith Bradsher, The Times’s Beijing bureau chief, about how Trump’s tariffs are playing out in Europe and China. Source link
