Page 120 - Donald Trump

US inflation likely rose last month as Trump tariffs drive up prices

US inflation likely ticked higher last month as the Trump administration's import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9 per cent in August from a year earlier, according to a survey of economists by data provider FactSet. That would be an increase from an annual pace of 2.7 per cent in July. Excluding volatile food and energy costs, core inflation is expected to have increased 3.1 per cent, the same as in July. Both figures are above the Fed's 2 per cent inflation target. The potential increase, while modest, would underscore the challenges the Fed is facing as it experiences relentless pressure from President Donald Trump to reduce its short-term interest rate. Trump hopes that rate cuts will spur more borrowing and spending and boost the economy. Recent government reports have also shown that hiring has slowed sharply in recent months and was lower tha

Expel terrorists or bring them to justice: Netanyahu's warning to Qatar

Drawing references from the September 11 attack, Netanyahu said that Israel too has an event similar to September 11, referring to October 7, 2023, when Hamas attacked Israel

EU unlikely to impose 100% tariffs on India on Trump's request; here's why

The European Union treats tariffs and sanctions differently and considers imposing such tariffs as a risky move, and supports targeting specific entities with sanctions

'India, China helping fund Russia's war in Ukraine': US Ambassador to Nato

US Ambassador to Nato Matthew Whitaker said Russia's war in Ukraine is funded by oil sales to India, China, and Brazil, and calls for more global sanctions to pressure Moscow

'Individual ego, recklessness': Kamala Harris on Biden's second term bid

Kamala Harris writes she was sidelined by Joe Biden's team, saying her Latin America investment push was ignored while Republicans branded her the 'border czar', damaging her image

Ex-FBI officials sue Kash Patel, allege he fired agents who probed Trump

The lawsuit was filed on Wednesday (local time) on behalf of Brian Driscoll, Steven Jensen, and Spencer Evans, accusing Patel of politicising the agency to protect his own job

Charlie Kirk energised conservative youth, paving way for Trump's rise

Kirk was shot dead in Utah, shocking the political world and beyond. He was one of the country's most prominent conservative figures and had flourished using a brash approach to politics

Some US federal research funding to be restored after freeze, says Harvard

The notification followed a court victory for Harvard last week in which a federal judge ruled that the US illegally froze more than $2 billion in research dollars for the school

Some National Guard to stay in DC till Nov as Trump's order set to expire

Some National Guard troops from outside the District of Columbia will remain in the nation's capital at least through the end of November at the request of the Trump administration. Ohio Gov. Mike DeWine said in a statement that he had approved a request from the Secretary of the Army for 150 military police to carry out patrols in Washington through November 30. It comes as Trump's emergency order over the nation's capital, which federalised its police force and launched a surge of law enforcement into the city, is set to expire overnight Wednesday after Congress failed to extend it.

Trump gives ambiguous response to Russian drone incursion into Poland

President Donald Trump on Wednesday offered an ambiguous initial response to Russia's drone incursion into Poland's airspace, a provocative act by Moscow that has put the United States' NATO allies in Europe on edge. What's with Russia violating Poland's airspace with drones? Here we go! Trump posted on his Truth Social platform late Wednesday morning, nearly a half-day after Poland announced that several Russian drones entered its territory over the course of many hours and were shot down with help from NATO allies. White House officials did not immediately respond to queries about Trump's cryptic comments about the incursion. It was the first time the transatlantic alliance has confronted a potential threat in its airspace, scrambling jets to shoot the Russian drones out of the sky. But Trump's comment stood in sharp contrast to the strong condemnation by several European leaders and was notably less robust than that of his ambassador to NATO, Matthew Whitaker. We stand by our @N

Donald Trump, PM Modi reignite hopes of trade deal at 'the earliest'

India and the US are stepping up trade negotiations as both leaders express confidence in resolving barriers after earlier setbacks over tariffs and Russian oil imports

Fed chair Powell should make big rate cut now, says Donald Trump

"Just out: No Inflation!!! Too Late must lower the RATE, BIG, right now. Powell is a total disaster, who doesn't have a clue!!!," Trump said in a post on Truth Social

Centre plans support package for exporters hit by Trump's tariffs

The Ministry of Commerce and Industry has proposed measures to ease liquidity for exporters through collateral-free loans and subsidised interest rates

Trump downplays his letter to Epstein released by Dems; calls it 'nonsense'

The document, shared on House Democrats' X account, reignited an uproar against the Trump administration for its handling of the Epstein case

Cong takes dig at PM Modi, reminds of Trump's ceasefire claims '35 times'

The Congress on Wednesday took a swipe at Prime Minister Narendra Modi over his remarks describing India and the US as "natural partners", asking whether they are so natural that President Donald Trump has declared on "over 35 different occasions" that he brought about the India-Pakistan "ceasefire" using trade as the instrument of leverage. The opposition party's dig came after Prime Minister Modi reacted warmly to US President Trump's positive assessment of trade talks between the two countries, expressing confidence that the ongoing negotiations will pave the way for unlocking the limitless potential of the partnership between them. Congress general secretary in-charge communications Jairam Ramesh said, "Prime Minister Modi has told President Trump that India and the US are 'natural partners.' The question is now this: Are they so natural that President Trump has declared on over 35 different occasions that he brought about the India-Pakistan ceasefire on the evening of May 10th

Bernstein rejigs India portfolio; adds HDFC Bank, PB Fintech; exits Infosys

This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place

White House's rare criticism of Israel highlights risks in Gaza conflict

Caught between two US allies, Trump said he spoke with both Netanyahu and Qatari leaders after the strike and that he assured Qatar that such an attack wouldn't happen again

US immigration raid disrupts construction at multiple Korean battery plants

LG Energy has issued an internal notice calling for the immediate return of all workers and contractors traveling in the US under a short-term visa waiver programme, commonly referred to as ESTA

Navarro decries India's 'keyboard minions' after community notes on X posts

Peter Navarro's continued attack on India comes days after he was fact-checked on X for his post accusing India of fuelling Russia's war machine in Ukraine

Trump dines out in Washington DC, declares city 'safe zone' amid crackdown

Accompanied by JD Vance, Donald Trump visits Joe's Seafood as National Guard patrols the city; nearly 2,200 arrests are reported, while protests and standoffs continue against his actions