USA

China's Counterattack: Punitive Tariffs in Retaliation to Trump

Shortly after taking office, US President Donald Trump imposed a 10% tariff increase on Chinese goods, raising the total duties on imports from China to 20%. Trump criticized China for not doing enough “to curb the flow of fentanyl, a potent opioid, into the US,” as stated by the White House on X. In retaliation, the Chinese government ...

Asian Stocks, Bitcoin Down as Trade Uncertainty Roils Markets

Asian stocks tumbled at the open Friday following a tough day on Wall Street as uncertainty over US President Donald Trump's trade policies roiled markets and traders awaited key US jobs data. Bitcoin plunged 5.7 percent after Trump signed an executive order to establish a "Strategic Bitcoin Reserve" without planning any public purchases of the ...

'Hamilton' Axes Run at Prominent US Cultural Center After Trump Takeover

The smash hit musical "Hamilton" has cancelled a planned run at the Kennedy Center because President Donald Trump has destroyed the political neutrality of the US capital's premier cultural venue since taking over as its chairman, the play's producer said on Wednesday. The cancellation was a sharply worded rebuke to Trump's takeover, part of his ...

A US Bill That Aims to Dismantle Hezbollah?  

The US Congress has taken things to a whole new level. Dubbed the “Preventing Armed Groups from Engaging in Extremism Act” (PAGER Act), this legislation, spearheaded by Republican Congressman Greg Steube, is not just about sanctioning Hezbollah—it’s about forcing Lebanon into a political and military reckoning. The bill lays out an ...

Brent Oil Falls to Lowest Price Since 2021 as US Crude Stocks Surge

The price of the major international oil contract, Brent crude, fell to its lowest level since 2021 following data showing that US crude stocks surged. Around 1610 GMT the price of Brent crude was down 3.36 percent to $68.65, shortly after the release of data showing a higher-than-expected increase of 3.6 million barrels in US crude stocks last ...

Macron to Address France Over Global 'Uncertainty'

French President Emmanuel Macron said he would address the nation on Wednesday regarding the current global uncertainty following the radical shift in U.S. policy on Ukraine under Donald Trump. "My dear compatriots — I will address you tonight at 8:00 pm (1900 GMT) at this moment of great uncertainty when the world is facing its greatest ...

Global Markets Shaken by Trump’s Tariff Policies

Shortly after assuming office, US President Donald Trump announced in February the imposition of a 25% tariff on imports from Mexico and Canada, along with an additional 10% tariff on Chinese goods, bringing the total to 20%. He criticized Beijing, Ottawa and Mexico for not doing enough to “combat the flow of fentanyl (a potent opioid) into the ...

Trade Wars Intensify as US Tariffs on Canada, Mexico and China Take Force

Mounting trade wars between the United States and its largest economic partners deepened on Tuesday as US tariffs on Canada, Mexico and China kicked in, sparking swift retaliation from Beijing and Ottawa. Steep US tariffs on Canadian and Mexican goods came into effect as a deadline to avert President Donald Trump's levies passed without the ...

Zelensky Says Ceasefire Without Guarantees 'Will be Failure'

Ukraine's President Volodymyr Zelensky has told British media that a ceasefire without security guarantees for his country would not bring a lasting end to Russia's invasion after allies called for a truce. At a press conference on Sunday after talks with European allies in London, Zelensky dismissed as "not enough" the idea that a ceasefire ...

Kremlin says Zelensky Needs to be Forced to Make Peace

  The Kremlin on Monday accused President Volodymyr Zelensky of not wanting peace, following a clash last week between the Ukrainian leader and US President Donald Trump. "He doesn't want peace. Someone should make him want peace. If the Europeans do it, all kudos to them," spokesman Dmitry Peskov told reporters. He described Friday's angry ...