Page 105 - Latest Updates on Donald Trump

Dollar extends losses as Fed rate cut hopes and political pressure grow

The dollar index, measuring the currency against a basket of peers, fell 0.2 per cent to 97.81, its lowest since July 28, extending its 0.5 per cent drop on Tuesday

Trump warns of severe consequences if Putin doesn't stop war after summit

Trump did not provide a timeframe for a second meeting. He is to meet Putin in Anchorage, Alaska on Friday

Trump Wins Fight to Withhold Billions of Dollars in Foreign Aid

In a 2-1 decision on Wednesday, the appellate panel reversed a Washington federal judge who found that US officials were violating the Constitution's separation of powers principles

Leaving top Trump admin post? President may have ambassadorship for you

Diplomacy may be soft power, but in President Donald Trump's administration, it is also lately a soft landing. National security adviser Mike Waltz was nominated as United Nations ambassador after he mistakenly added a journalist to a Signal chat discussing military plans. Trump tapped IRS Commissioner Billy Long to be his ambassador to Iceland after Long contradicted the administration's messaging in his less than two months in the job. And Trump last weekend named State Department spokesperson Tammy Bruce as deputy representative to the UN after she struggled to gel with Secretary of State Marco Rubio's close-knit team. The new appointments can be viewed as consolation prizes for leaving a high-profile post in the Trump administration following rocky tenures. But they also reflect the degree to which Trump is trying to keep his loyalists close, even if their earlier placements in the administration were ill-fitting. Breaking with the reality TV show that helped make Trump a ...

Trump tariff impact: US kids to see higher price tag on Christmas toys

Majority of US retail firms put their orders on hold due to uncertainty in tariff situation

Zelenskyy rejects ceding Donbas to Russia, seeks role in US-Russia talks

Vladimir Putin is demanding that Ukraine give up the Donetsk and Luhansk regions that together form Donbas as a condition to unlock a ceasefire

Zelenskyy to visit Berlin for meetings ahead of Trump-Putin summit

Ukrainian President Volodymyr Zelenskyy will visit Berlin on Wednesday to join German Chancellor Friedrich Merz for talks with European and US leaders ahead of the Trump-Putin summit later this week, the German government said. Merz has convened a series of virtual meetings on Wednesday in an attempt to have the voice of European and Ukraine's leaders heard ahead of a summit that they have been sidelined from. Zelenskyy is due to meet with European leaders first, to prepare for a virtual call with US President Donald Trump and Vice President JD Vance about an hour later. A call between leaders involved in the coalition of the willing countries prepared to help police any future peace agreement will take place last. Trump has said he wants to see whether Putin is serious about ending the war, now in its fourth year. Trump has disappointed allies in Europe by saying Ukraine will have to give up some Russian-held territory. He also said Russia must accept land swaps, although it was

Russian forces advance in Ukraine ahead of Trump-Putin Alaska summit

Ukrainian President Volodymyr Zelenskyy warns of fresh Russian offensives as Trump and Putin prepare for talks in Alaska without Kyiv at the table

Alaska's Russian ties in spotlight as Trump, Putin meet in the 49th state

When US President Donald Trump and Russian President Vladimir Putin meet in Alaska on Friday, it will be the latest chapter in the 49th state's long history with Russia and with international tensions. Siberian fur traders arrived from across the Bering Sea in the first part of the 18th century, and the imprint of Russian settlement in Alaska remains. The oldest building in Anchorage is a Russian Orthodox church, and many Alaska Natives have Russian surnames. The nations are so close Alaska's Little Diomede Island in the Bering Strait is less than 5 kilometres from Russia's Big Diomede that former Gov. Sarah Palin was right during the 2008 presidential race when she said, You can actually see Russia from land here in Alaska, though the comment prompted jokes that that was the extent of her foreign policy experience. Alaska has been US territory since 1867, and it has since been the location of the only World War II battle on North American soil, a focus of Cold War tensions and t

Trump's meeting with Putin 'listening exercise for President': White House

Donald Trump will be meeting Vladimir Putin in Anchorage, Alaska, where the two leaders will hold a one-on-one conversation regarding the Russia-Ukraine war

Panama Canal set to enter ports business as Trump-China feud simmers

Though China has no role in operating the canal, Hong Kong-based conglomerate CK Hutchison Holdings Ltd has operated ports on the Atlantic and Pacific sides

Trump's labour chief pick suggests suspension of monthly jobs report

EJ Antoni criticised the monthly employment report as 'flawed' and proposed replacing it with more accurate, though less timely, quarterly data for US economic planning

US July budget deficit up 20% Y-o-Y despite record Trump tariff income

The US budget deficit in July climbed 20 per cent this fiscal year compared to the last despite the US taking in record income from President Donald Trump's tariffs, according to Treasury Department data released Tuesday. The US saw a 273 per cent increase - or USD21 billion - in customs revenue in July over the same period last year, the data showed. A Treasury official who spoke on the condition of anonymity to preview the data said overall increased spending is in part due to a mix of expenditures, including growing interest payments on the public debt and cost-of-living increases to Social Security payouts, among other costs. This comes as the federal government's gross national debt creeps up to the USD37 trillion mark. Even as Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the government. That financial picture might change as companies exhaust their pre-tariff inventories, forcing them to ...

Trump admin calls out human rights records of countries accepting deportees

The Trump administration on Tuesday released human rights reports for countries worldwide, which eliminate mentions of discrimination faced by LGBTQ people, reduce a previous focus on reproductive rights and criticise restrictions on political speech by US allies in Europe that American officials believe target right-wing politicians. The reports, which cover 2024 before President Donald Trump took office, reflect his administration's focus on free speech and protecting the lives of the unborn. However, the reports also offer a glimpse into the administration's view of dire human rights conditions in some countries that have agreed to accept migrants deported from the United States under Trump's immigration crackdown. This year's reports were streamlined for better utility and accessibility in the field and by partners, the State Department said. The congressionally mandated reports in the past have been frequently used for reference and cited by lawmakers, policymakers, academic ..

Trump rebukes Goldman Sachs' economics research on tariff impact

Trump did not specify which Goldman report he was referring to, but Goldman has taken a bearish position on Trump's tariffs. The Wall Street investment bank declined to comment on the matter

Trump says he may allow lawsuit against Fed chief Powell over renovations

Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work

Trump selects economist EJ Antoni to head Bureau of Labor Statistics

President Donald Trump has said that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the agency that compiles and publishes the nation's employment and inflation figures. Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE, Trump said on social media late Monday. Antoni, if approved by the Senate, would replace Erika McEntarfer, who was appointed commissioner of the Bureau of Labor Statistics by former President Joe Biden. Trump fired McEntarfer Aug. 1 after the July jobs report showed hiring slowed sharply this spring, with job gains in May and June revised much lower than initially estimated. Trump accused McEntarfer, without evidence, of rigging the jobs data for political reasons. The announcement comes one day before the BLS is scheduled to release the latest inflation data, for July. It is forecast to show that consumer prices rose for the third straight month as tariffs are pushing up t

Trump extends tariff truce with China for 90 days before deadline ends

Trump paused China tariffs for 90 days, hours before the deadline was set to expire. If the deadline had expired, the US could have increased taxes on Chinese imports back to where they stood in April

EU appeals to Trump to defend Europe's interests at war summit with Putin

European Union leaders appealed on Tuesday to US President Donald Trump to defend their security interests at a key summit with his Russian counterpart Vladimir Putin later this week over the war in Ukraine. The Europeans are desperate to exert some influence over a Friday meeting that they have been sidelined from. It remains unclear whether even Ukraine will take part. Trump has said that he wants to see whether Putin is serious about ending the war, now in its fourth year. But Trump has disappointed US allies in Europe by saying that Ukraine will have to give up some Russian-held territory. He also said that Russia must accept land swaps, although it remains unclear what Putin might be expected to surrender. The Europeans and Ukraine are wary that Putin, who has waged the biggest land war in Europe since 1945 and used Russia's energy might to try to cow the EU, might secure favourable concessions and set the outlines of a peace deal without them. In a statement early on Tuesday,

Trump's DC police takeover echoes historic racist urban crime narratives

President Donald Trump has taken control of the District of Columbia's law enforcement and ordered National Guard troops to deploy onto the streets of the nation's capital, arguing the extraordinary moves are in response to an urgent public safety crisis. Even as district officials questioned the claims underlying his emergency declaration, the president promised a "historic action to rescue our nation's capital from crime, bloodshed, bedlam and squalor and worse." His rhetoric echoed that used by conservative politicians going back decades who have denounced American cities, especially those with majority non-white populations or led by progressive politicians, as lawless or crime-ridden and in need of outside intervention. This is liberation day in D.C., and we're going to take our capital back, Trump promised Monday. Trump's action echoes uncomfortable historical chapters But for many residents, the prospect of federal troops surging into the district's neighbourhoods represent