US President Donald Trump set the following rates by region in his executive order on Thursday, titled “Further Modifying the Reciprocal Tariff Rates”: Africa Algeria 30% Angola 15% Botswana 15% Cameroon 15% Chad 15% Ivory Coast 15% Democratic Republic of the Congo 15% Equatorial Guinea 15% Ghana 15% Guyana 15% Lesotho 15% Libya 30% Madagascar … Read more
President Trump signs major trade deal with Japan, and Tokyo pledges to invest in the United States. President Donald Trump promised to shake up global trade – and he says that is now paying off. The United States has signed an investment deal with Japan, worth more than half a trillion dollars. That follows Washington’s … Read more
US threatens 50-percent tariffs unless Bolsonaro’s prosecution is dropped. There’s deepening conflict between the United States and Brazil over the prosecution of former President Jair Bolsonaro. US President Donald Trump threatened 50-percent tariffs – “unacceptable blackmail”, says Brazil’s President Lula da Silva. So what’s next? And who stands to win or lose? Presenter: Adrian Finighan … Read more
The Epstein saga has flipped the script within the MAGA movement. Having spent years accusing the Democrats of an establishment cover-up, many right-wing influencers are now turning against their idol, President Trump, as he resists calls to release the files. Contributors:Joan Donovan – Director, CriticalNetMehdi Hasan – Editor-in-chief, Zeteo NewsMiles Klee – Culture writer, Rolling … Read more
China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows. China’s economy grew by more than 5 percent in the second quarter, according to official data, staying on track to meet Beijing’s annual growth target despite United States President Donald Trump’s trade war. China’s gross domestic product (GDP) expanded by 1.1 … Read more
US president has told Mexico and EU they face tariffs of 30 percent in August. United States President Donald Trump has informed Mexico and the European Union that they face tariffs of 30 percent starting next month. This has created shock and is raising fears of an all-out trade war, but both Mexico and the … Read more
Donald Trump’s ‘tariff wall’ takes shape around south-east Asia’s factories Financial Times ’Shock. Frustration. Anger.’ Trump’s tariff letters roil Asian allies Politico Malaysia calls for stronger inter-ASEAN trade amid tariffs uncertainty Reuters Malaysia’s Anwar warns of weaponised trade as Trump’s tariffs loom Al Jazeera How Trump’s tariff threats could impact relationship between U.S. and Asian allies PBS Source link
Donald Trump says his sweeping tax cuts will grow the economy. But, critics say the bill will increase national debt. Dubbed the “One Big Beautiful Bill Act”, President Donald Trump’s signature policy bill would slash taxes, largely benefitting the wealthiest Americans. To pay for it, federal spending would be reduced, including on Medicaid, food stamps … Read more
Mexico says tariffs make ‘no sense’ as Canada seeks negotiations to remove the levies ongoing. In a move that has reignited trade tensions with key allies, United States President Donald Trump has doubled tariffs on steel and aluminium imports. The new rates, which came into effect early on Wednesday, raise duties from 25 percent to … Read more
Nonetheless, Porter predicted: “I think what you’re going to get is a very untidy mix of recognizing changed circumstances while clinging on to the old world order.” What are the pinch points? The U.K. is heavily reliant on the U.S. for several key aspects of its defense network, including intelligence-sharing, the nuclear deterrent and F-35 … Read more