Howard Lutnick clarified why penguin islands have been taxed. Donald Trump‘s commerce secretary Howard Lutnick clarified that a 10% baseline tax on the Heard and McDonald islands — which are literally inhabited by only penguins — was not a mistake and not an AI thing. As Lutnick appeared on CBS’ Face the Nation, host Margater […]
On April 5, Saturday Night Live opened with James Austin Johnson’s Donald Trump standing at a podium, selling the American public on his latest economic strategy: tariffs, or as he calls them, “short for terrific idea.” The sketch was inspired by Trump’s real-life April 2 press conference, where he used a baffling chart to explain […]
The Trump administration this week levied sweeping tariffs across the globe, provoking retaliation from other countries and sending the stock market tumbling. An unexpected consequence? Penguin memes. Images of the flightless birds have waddled their way across the internet this week after President Donald Trump imposed tariffs on Heard Island and McDonald Islands, Australian territories […]
File photo: US agriculture secretary Brooke Rollins (Pictur credit: AP) US agriculture secretary Brooke Rollins, who took up the charge previous month, has stirred fresh debate over the future of US President Donald Trump’s trade tariffs after her recent TV appearance. Rollins was seen dodging direct questions on whether the levies would remain in place.Speaking […]
UK Prime Minister Keir Starmer on Sunday declared that the United Kingdom is prepared to deploy direct state intervention to protect British industries from the shockwaves of sweeping tariffs imposed by US President Donald Trump.Writing in The Sunday Telegraph, Starmer said the world had entered a new era where the “old assumptions can no longer […]
UK Prime Minister Keir Starmer is expected to acknowledge the reasoning behind US President Donald Trump’s latest push for tariffs, even as he maintains that such protectionist measures are the wrong approach, according to The Times.In a speech due to be delivered on Sunday, the Labour leader is set to announce that he recognises why […]
File photo: US defense secretary Pete Hegseth (left) and Panama foreign minister Javier Martinez-Acha (Picture credit: AP, X/@javierachapma) Panama is seeking to preserve a “respectful, transparent and mutually beneficial” relationship with the United States, even as US President Donald Trump repeats threats to retake control of the Panama Canal, foreign minister Javier Martinez-Acha said on […]
Foreign ministers from the Nato member states met for a second day in Brussels on Friday amid increasing tensions between the US and the rest of the alliance, as well as a faltering push for peace in Ukraine.While Nato has tried to show a united front as a military alliance, the US under President Donald […]
As US President Donald Trump’s latest round of sweeping tariffs edges closer to taking effect, American households are racing to stock up on everyday essentials — from fruits and toothpaste to electronics and even building materials — before prices start to climb. Trump’s proposed levies, announced Wednesday, add another layer to an escalating trade war […]
US President Donald Trump (Pic credit: AP) US stock futures plunged on Friday, pointing to deeper losses on Wall Street after China struck back with new tariffs in response to the Trump administration‘s sweeping import duties. The tit-for-tat move intensified investor concerns, sending global markets into a tailspin and wiping out trillions in equity value.The […]
