This is Beirut, 09:05 - Reading : 3 minute(s)
A range of new tariffs due to take effect in one week were announced Thursday on most US trading partners, with separate sector specific duties -- on copper -- also being implemented. President Donald Trump unveiled an array of import levies that ranged as high as 41 percent on Syria and included a hike on Canadian imports from the current 25 ...
This is Beirut, 05:25 - Reading : 4 minute(s)
Donald Trump United States Tariffs
President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on neighbor Canada -- as he seeks to reshape global trade to benefit the US economy. However, in a minor reprieve that opens the door to further negotiations, the White House said the measures will take effect in a week for most ...
This is Beirut, 31/07 23:25 - Reading : 1 minute(s)
Donald Trump Hamas Israel Palestine
Donald Trump “expressed his discontent and disagreement with the leaders of France, the United Kingdom and Canada” over their plans to recognize a Palestinian state, White House spokesperson Karoline Leavitt said Thursday. The U.S. president has thus somewhat hardened his stance on the matter. While he had already sharply criticized ...
This is Beirut, 31/07 17:00 - Reading : 2 minute(s)
USA Benjamin Netanyahu Palestine Visa Donald Trump
The United States said Thursday it would deny visas to Palestinian Authority officials, accusing the body, which governs parts of the Israeli-occupied West Bank, of seeking to "internationalize" the situation. The organization is "taking actions to internationalize its conflict with Israel, such as through the International Criminal Court (ICC) ...
This is Beirut, 30/07 22:50 - Reading : 2 minute(s)
USA Donald Trump Tehran United States Iran
The United States on Wednesday slapped sanctions on a shipping empire controlled by the son of a top political advisor to Iran's supreme leader, Ayatollah Ali Khamenei. The Treasury Department said sanctions were being imposed on companies and vessels operated by Mohammad Hossein Shamkhani, the son of Ali Shamkhani, who has been subject to US ...
This is Beirut, 30/07 18:20 - Reading : 3 minute(s)
Donald Trump United States Russia India Tarrifs
US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also announcing an unspecified "penalty" over New Delhi's purchases of Russian weapons and energy. The measures will kick in on Friday, Trump posted on his Truth Social platform, adding to a bevy of other tariff hikes set to take effect the same ...
This is Beirut, 30/07 17:10 - Reading : 1 minute(s)
Israel USA Donald Trump Hamas Witkoff
Steve Witkoff, US President Donald Trump's special envoy to the Middle East, will visit Israel on Thursday to "discuss next steps" on Gaza, an American official said. Witkoff has been involved in indirect negotiations between Israel and Hamas to reach a ceasefire deal in Gaza. The discussions broke down last week when Israel ...
Mario Chartouni, 30/07 16:30 - Reading : 4 minute(s)
European Union United States Donald Trump Ursula Von Der Leyen
A new trade agreement between the European Union (EU) and the United States was reached on Sunday in Turnberry, Scotland, after weeks of tense negotiations. The pact sets a 15% tariff on most European goods exported to the US market, narrowly avoiding a trade war, but leaving a bitter taste in Brussels. While it marks a tariff truce, the deal has ...
This is Beirut, 30/07 11:13 - Reading : 3 minute(s)
Donald Trump USA India Satellite
A formidable new radar satellite jointly developed by the United States and India is set to launch Wednesday, designed to track subtle changes in Earth's land and ice surfaces and help predict both natural and human-caused hazards. Dubbed NISAR (NASA-ISRO Synthetic Aperture Radar), the pickup truck-sized spacecraft is scheduled to lift off at ...
This is Beirut, 30/07 10:00 - Reading : 4 minute(s)
Donald Trump Israel Benjamin Netanyahu Hamas
Unconditional support for Israel has long been an entry requirement in US Republican politics, but that orthodoxy is being challenged by Donald Trump's populist base -- where invocations of the "special relationship" are falling on deaf ears. Images of starvation and suffering in Gaza have given new impetus to a debate that has been simmering in ...
This is Beirut, 30/07 09:55 - Reading : 3 minute(s)
Donald Trump dollar Stablecoin
Stablecoins might not make people into surprise millionaires the way bitcoin did, but these cryptocurrencies are designed to be more useful when it comes to daily life. The GENIUS Act, a regulatory framework recently signed into law by US President Donald Trump, may boost stablecoins, digital currencies with values pegged to a country's ...
This is Beirut, 30/07 09:35 - Reading : 3 minute(s)
The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers. Economists have warned that steeper US tariffs, paid for by importers of foreign products, could add to business costs and trickle down to ...