Page 167 - Donald Trump

Trump appoints transport secretary Sean Duffy as interim Nasa chief

Duffy's appointment comes less than two months after Trump unexpectedly pulled the nomination of his original choice for Nasa administrator, SpaceX astronaut and billionaire Jared Isaacman

US could collect $300 bn in tariff revenue this year, says Treasury chief

A Treasury spokesperson said the $300 billion target corresponds to the December 31 end of calendar 2025, not the end of the government's fiscal year on September 30

Samsung may shift US supplies to India, eyes Trump's tariff decisions

South Korean electronics giant Samsung is closely monitoring the Trump administration's ongoing trade negotiations and is prepared to supply products to the US market from multiple manufacturing locations, including India, depending on the outcomes, a senior company official said on Wednesday. Admitting that "very high" uncertainty in America necessitated its state of preparedness for various scenarios, Samsung asserted that it has a well-strategised diversification plan in place and would respond with flexibility. "The uncertainty in the US is currently very high, and because of that, we have been preparing against a number of different scenarios. We are ready to produce for the US from multiple factories, including India," Samsung COO MX division - Won-Joon Choi told reporters. The company, he said, has braced for different scenarios, and is prepared when it comes to diversification of factories for the product it will ship to the US. "One of the things that we have prepared was

Nvidia hits $4 trn market cap; first company ever to reach the milestone

Just a day after President Donald Trump escalated his trade rhetoric, investors awaited tariff announcements for a number of countries

Trump's Brics tariff warning puts India-US trade deal on shaky ground

The remarks came just a day after the US leader said he was close to finalizing a trade deal that New Delhi hopes would give it reprieve from 26 per cent reciprocal tariffs

Russia fires drones, missiles at Ukraine overnight; Lutsk hit hardest

Russia fired a record 728 Shahed and decoy drones at Ukraine overnight, as well as 13 missiles, the Ukrainian air force said Wednesday, in the latest escalation amid mounting Russian aerial and ground attacks in the more than three-year war. Ukrainian President Volodymyr Zelenskyy said the city of Lutsk, which lies in Ukraine's northwest along the border with Poland and Belarus, was the hardest hit, though 10 other regions were also struck. Lutsk is home to airfields used by the Ukrainian army. Cargo planes and fighter jets routinely fly over the city. No casualties were immediately reported, as emergency crews continued to assess the damage. Russia has recently sought to overwhelm Ukrainian air defences by launching massive aerial assaults, including adding more decoy drones to its attacks. Russia launched its previous largest aerial assault late in the night of July 4 into the following day, with the biggest prior to that occurring less than a week earlier. Russia's bigger army h

BRICS set up to 'hurt us', 'degenerate' US dollar: Trump | Trump tariffs | Trade war | India | China

President Donald Trump on Tuesday claimed that BRICS was established to “hurt" the US and "degenerate" the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff.

Trump puts pressure on Asian ally South Korea to pay more for its defence

The pressure from Trump comes as North Korea appears to be more emboldened through its growing partnership with Russia

Brics isn't anti-American, but Donald Trump's threats could make it so

At the Brics meeting this week in Brazil, leaders jointly condemned the 'indiscriminate rising of tariffs,' in a swipe at President Donald Trump's trade policy

Dollar remains firm, Asian stocks mixed as traders ponder tariff outlook

Japan's Nikkei edged down 0.2 per cent, shedding early small gains. Australia's stock index declined 0.4 per cent, and Hong Kong's Hang Seng lost 0.9 per cent.

Trump prevented war between India, Pakistan during presidency: Marco Rubio

US Secretary of State Marco Rubio said that under President Donald Trump's leadership, America prevented and ended a war between India and Pakistan. Just going through a list here Mr Presidentand all these achievements that have happened domestically.Under your leadership, we've prevented and ended a war between India and Pakistan, Rubio said, sitting next to Trump, during remarks at a Cabinet meeting at the White House Tuesday. Rubio also listed the peace deal between the Democratic Republic of the Congo and Rwanda, a 12-day war that ended with an American operation that we're the only country in the world that could have done, hopefully pretty soon a peace deal between Azerbaijan and Armenia." "The entire Middle East and the infrastructure of it has the potential now to change because of Syria and Lebanon. And it hasn't even been 6 months. It's a great testament to your leadership and the team, he said. A day earlier, Trump had again repeated the claim that he stopped the war, th

Israel plans to pack Gaza's population into closed border zone

Israel's defence minister has outlined plans to pack hundreds of thousands of Palestinians into a closed zone of the Gaza Strip along the border with Egypt, according to local media reports. It appears to be the latest version of plans by the Israeli government to maintain lasting control over the territory and relocate much of its population of some 2 million. Critics say that would amount to forcible displacement in violation of international law because Israel's offensive and blockade have made Gaza largely uninhabitable. Israeli officials say the aim is to separate the civilian population from Hamas, which still controls parts of Gaza and holds dozens of hostages abducted in the Oct 7 attack that triggered the war 21 months ago. Palestinians would then be given the option of emigrating, they say. US President Donald Trump, who has said he is narrowing in on a ceasefire and hopes to eventually end the war, has also voiced support for the mass transfer of Palestinians out of Gaza.

Trump says he is not happy with Russia's Putin, considering sanctions

I'm not happy with him, I can tell you that much right now. This is killing a lot of people, Trump said of Putin during a meeting with his Cabinet

US is 'close' to signing a trade deal with India, says Donald Trump

Trump indicated that a trade deal with India is near, following his threat of imposing steep tariffs on 15 trade partners, including Asian countries, but exempting India from these measures

Trump says Brics aims to hurt us, threatens 10% tariff on member nations

President Donald Trump on Tuesday claimed that BRICS was established to hurt" the US and "degenerate" the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff. Trump made the remarks while talking to reporters at the sixth Cabinet meeting at the White House. They have to pay 10 per cent if they are in BRICS, he said. Trump said BRICS was set up to hurt us" and "degenerate our dollar and take the dollar off as the standard. And that's okay if they want to play that game, but I can play that game too. So anybody that's in BRICS is getting a 10% charge, he said, adding that this will be happening pretty soon. Well, if they're a member of BRICS, they're gonna have to pay a 10% tariff. Just for that one thing, Trump said. Trump claimed that BRICS "largely broke up" but there are a couple that hang around". BRICS is not, in my opinion, a serious threat. But what they're trying to do is destroy the dollar so that another country can take over and be

'No change': Trump reaffirms Aug 1 tariff deadline, rules out extensions

US President Donald Trump confirms 25% tariffs on Japan, South Korea from August 1, rejecting delays. Reciprocal duties target 50+ countries as trade talks stall; retaliation warnings issued

Letters and the spirit: Trump pushes global trade into uncharted territory

With the end of the 90-day pause on the imposition of the so-called reciprocal tariffs and the US sending letters, a few things are now clear

Trump's MASALA playbook: India faces tough choices in trade deals

Responding to the blowback, the White House softened its stance on April 9, imposing a 90-day pause and a uniform 10 per cent tariff on most imports, excluding China

100+ lives lost overnight: The Texas flood disaster explained

More than 100 people, including dozens of children, have died in flash floods that swept through central Texas during the Fourth of July weekend.

Trump, Netanyahu back Gaza relocation plans amid ceasefire talks

Meeting took place over dinner in the Blue Room as indirect US-backed negotiations between Israel and Hamas continued in Qatar for a potential 60-day ceasefire to halt the ongoing 21-month war in Gaza