[ad_1] In a dramatic escalation of the global trade standoff, China is rallying international support in response to US President Donald Trump’s steep new tariffs — but it’s finding limited success as countries weigh economic pragmatism against political allegiance.This week, the White House hiked tariffs on Chinese imports to a staggering 125%, accusing Beijing of […]
[ad_1] Adam Schiff raises insider trading concerns after Trump’s tariff pause Following a turbulent day on Wall Street sparked by President Trump’s sudden 90-day tariff pause on most countries—with the exception of China—Democratic Senator Adam Schiff has raised concerns about insider trading within the Trump administration. In a pointed statement on Capitol Hill, Schiff criticized […]
[ad_1] Chinese producers of plastic Christmas trees and other holiday items say they’ve yet to receive any orders from their US clients – and they fear they may not get any at all, reports news agency Reuters. The delay comes amid soaring US import tariffs, with US President Donald Trump ramping up levies on Chinese […]
[ad_1] A federal appeals court has ruled in favour of the Trump administration on Wednesday, allowing it to proceed with the dismissal of thousands of probationary federal employees. This overturns a previous court order in Baltimore that had required reinstatement.The court ruled that the employees’ terminations should be challenged through the federal employment process rather […]
[ad_1] US Congress failed to pass a crucial budget resolution on Wednesday, delaying President Donald Trump’s sweeping tax cut proposals. Internal disagreements among Republicans, particularly House conservatives demanding deeper spending cuts, forced leadership to cancel the vote. The delay threatens Trump’s broader agenda, including border security and energy plans, while exposing tensions within the GOP’s […]
[ad_1] File photo: US President Donald Trump (Picture credit: AP) Trump Media & Technology Group (TMTG), the company behind US President Donald Trump’s Truth Social platform, has officially launched its mobile and streaming services, Truth Social and Truth+ TV, in Canada and Mexico, marking its first major international expansion.According to Forbes, TMTG CEO Devin Nunes […]
[ad_1] The roller coaster of on-again, off-again tariffs have focused attention on the people behind President Trump’s trade strategy. Rob Copeland, a New York Times finance reporter, takes us inside Trump’s tariff team. [ad_2] Source link
[ad_1] File photo: JPMorgan Chase CEO Jamie Dimon (Picture credit: AP) JPMorgan Chase CEO Jamie Dimon on Wednesday warned that sweeping tariffs imposed by US President Donald Trump could push the US economy into a recession and unleash financial instability, as markets reel from the escalating trade war with China.According to Fox Business, Dimon said, […]
[ad_1] File photo: Trump assassination suspect Ryan Routh Federal prosecutors have revealed new explosive details in the case against Ryan Routh, the man accused of attempting to assassinate US President Donald Trump at a Florida golf course in September, 2024. In a court filing on Monday, authorities said Routh not only staked out Trump on […]
[ad_1] The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global […]
