Trump, Donald
President Donald Trump's sweeping new taxes on imports are set to take effect in a week, aimed at overhauling global trading alliances and leveraging negotiations with top trading partners. The White House has rolled out frameworks for deals with 11 of the United States' top 15 trading
Trump, Donald
In a series of executive orders, US President Donald Trump has imposed tariffs on various countries, affecting global trade and impacting consumers worldwide. The tariffs are set to fall into place in a week, with some countries already seeing the effects. According to the US Census Bureau, the US imported
Trump, Donald
Business owners like Beth Benike are struggling to stay afloat as the US economy faces the brunt of tariffs imposed by President Trump. The tariffs, which were announced in April and have been increasing since then, have led to a significant increase in costs for companies that import goods, with
Trump, Donald
The US economy added a lower-than-expected 73,000 jobs in July, amidst concerns surrounding the ongoing trade war. This figure is a stark contrast to the projections made by forecasters surveyed by Bloomberg, who predicted a drop of around 109,000 jobs. The unemployment rate has also risen to 4.
Trump, Donald
President Trump has urged the Federal Reserve to slash borrowing costs, but the central bank is unlikely to take such aggressive steps, even once it begins to lower interest rates. The uncertainty over the timing and magnitude of rate moves stems from the fact that the Fed is facing two
Trump, Donald
Brazil is bracing for a trade war with the US after President Donald Trump imposed 50% tariffs on over 700 Brazilian products and sanctioned a top judge overseeing the trial of his right-wing ally, ex-president Jair Bolsonaro. The move has left President Luiz Inacio Lula da Silva's government
Trump, Donald
As US President Donald Trump announced revised trade policies, sending shockwaves across the globe, Pakistan emerged as the biggest beneficiary in South Asia, seeing its tariff rate slashed from 29% to 19%. In sharp contrast, India faces a potential 25% tariff rate and additional penalties due to its trade with
Nobel laureates
Cambodian Deputy Prime Minister Sun Chanthol announced on Friday that the country will nominate US President Donald Trump for the Nobel Peace Prize in recognition of his role in negotiating a recent ceasefire between Cambodia and Thailand. The nomination comes after a six-day conflict between the two nations ended with
Boundary disputes
Cambodia's deputy prime minister, Chanthol, confirmed on Friday that the country plans to nominate U.S. President Donald Trump for the Nobel Peace Prize. The nomination comes after Trump's direct intervention in halting the border conflict with Thailand, which resulted in a negotiated truce. Chanthol thanked
International economic relations
As President Donald Trump's aggressive trade policy continues to shape the global economic landscape, the US has seen a dramatic rise in tariff revenue, exceeding last year's entire collection. According to reports, the US treasury recorded over $87 billion in tariff revenue through June, surpassing the
Trump, Donald
A proposed massive ballroom at the White House, measuring 90,000 square feet, has sparked outrage over its unnecessary expense, excessive size, and tacky design. The project, estimated to cost $200 million, will be funded by private donors, including President Trump and other patriot donors. The ballroom, which will have
Tariffs
A panel of 11 US appellate judges expressed doubt over President Donald Trump's ability to impose tariffs without congressional approval, questioning the administration's reliance on the International Emergency Economic Powers Act (IEEPA) to justify the move. The judges, who are hearing the case in the US
