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 slim […]
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 announced […]
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. Source link
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, “I […]
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 the […]
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 stability, […]
A resurfaced 1995 interview featuring then-businessman Donald Trump has been circulating widely online, with many noting how closely his views from nearly three decades ago mirror his actions as US President.In the interview, Trump delivered a scathing assessment of US trade policy, particularly with Japan, accusing American negotiators of weakness and calling a then-recent auto […]
Pedro Sánchez (AP photo) Spanish Prime Minister Pedro Sánchez has embarked on a diplomatic trip to Asia, visiting Vietnam as US tariffs on European Union products come into effect. Sánchez lands in Hanoi on Wednesday, where he will meet Vietnam’s top leader, To Lam. On Thursday, Sánchez is set to visit Ho Chi Minh City, […]
Representative image China’s second-highest leader Li Qiang said on Tuesday that the country has the necessary tools to handle economic challenges, following widespread tariffs imposed by the United States, China’s main trading partner. “China’s macroeconomic policy this year takes full account of various uncertainties and has a sufficient reserve of policy tools,” Premier Li Qiang […]
As US stocks looked up Tuesday after days of bloodbath, President Donald Trump’s crypto czar David Sacks posted a five-word verdict that ‘Black Monday hoax is over’ — taking a swipe at experts and naysayers who predicted doom for the markets as a result of Donald Trump’s reciprocal tariffs. US stocks were higher Tuesday, setting […]
