donald trump

Diamonds: Precious Stones Under Siege

Over 80% of the world’s rough diamonds are polished in India, cementing the country’s status as the global epicenter of brilliance. Yet, the sparkle of this thriving industry is under threat. A 27% US tariff, introduced by Donald Trump, casts a long shadow over India’s diamond trade, while retaliatory measures from India add fuel to the ...

US Says Witkoff to Speak with Iran, Rejects 'Negotiation'

The United States confirmed Tuesday that envoy Steve Witkoff would speak with Iran this weekend and said he would issue demands on Tehran's nuclear program rather than negotiate. Witkoff, a friend who has served as President Donald Trump's envoy on both the Gaza and Ukraine wars, will take part in the talks Saturday on Oman, State ...

Iran Says Deal Can Be Reached if US Shows Goodwill

Iran said Tuesday a new nuclear deal could be agreed with the United States provided Tehran's longtime foe shows sufficient goodwill in upcoming talks but warned it would never accept coercion. Israeli Prime Minister Benjamin Netanyahu, meanwhile, warned that "the military option" would become "inevitable" if talks between Washington and Tehran ...

Netanyahu: 'military option inevitable' if US-Iran nuclear talks drag on

Israeli Prime Minister Benjamin Netanyahu said Tuesday that "the military option" would become "inevitable" if talks between Washington and Tehran on Iran's nuclear program drag on. "We agree that Iran will not have nuclear weapons," Netanyahu said in a video statement following a meeting with US President Donald Trump. "This can be done in an ...

Musk Slams Trump Trade Advisor as a 'Moron'

Elon Musk on Tuesday described Peter Navarro, a senior White House trade advisor, as "truly a moron" and "dumber than a sack of bricks" in a growing rift over Donald Trump's tariff policy. Musk, a key aide to the president, has signaled his opposition to the tariffs, and the Tesla CEO hit out after Navarro described his electric vehicle company ...

EU Proposes 25% Tariffs on US Goods, But Not Bourbon

The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday. The proposed tariffs –drawn up since President Donald Trump's duties on steel and aluminum took effect last month –aim to show EU ...

Trump Says Can 'Work Out' Israel-Turkey Tensions Over Syria

US President Donald Trump on Monday touted himself as a mediator between Israel and Turkey in their struggle over politically fragile Syria, where both countries are jostling for influence. Trump, speaking alongside key ally Israeli Prime Minister Benjamin Netanyahu at the White House, touted his "great relations" with Turkish leader Recep Tayyip ...

China Vows 'Fight to The End' as Trump Warns 50% More Tariffs

China vowed on Tuesday to "fight to the end" against fresh tariffs of 50 percent threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets. Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession but has ruled out any ...

Trump Announces Direct Nuclear Talks With Iran, While Tehran Describes Them as "Indirect"

President Donald Trump said the United States was starting direct, high-level talks with Iran over its nuclear program on Saturday, in a shock announcement during a White House meeting with Israeli Prime Minister Benjamin Netanyahu. Speaking Monday in the Oval Office, Trump said he was hopeful of reaching a deal with Tehran, but warned that the ...

Trump, Netanyahu Prepare a New Deal for Hostages in Gaza

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said Monday that new negotiations were in the works aimed at getting more hostages released from Hamas captivity in Gaza. "We're working now on another deal that we hope will succeed, and we're committed to getting all the hostages out," Netanyahu told reporters in the Oval ...

Black Monday: A Global Stock Market Rollercoaster

The rollout of new tariffs under Donald Trump's leadership has been enough to trigger what many are now calling an economic apocalypse. Global financial markets began tumbling as early as Friday, and it has only deepened this Monday. The Paris stock exchange has already wiped out all its gains for the year, opening down 6.46%, while London’s ...

WTO Powerless Against Protectionist Wave

Often referred to as the "global trade police," the WTO is actually bound hand and foot by its members, with Washington's actions especially leaving it all but powerless against the protectionist wave washing over the globe. A number of countries have begun filing complaints with the World Trade Organization, charging that the steep ...