Page 133 - Donald Trump

Trump's tax law squeezes poor, boosts income for wealthy, says CBO

Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis

South Korean President Lee to meet Trump in Washington on August 25

South Korea's new President Lee Jae Myung will travel to Washington later this month to meet with US President Donald Trump, Lee's office said Tuesday, for talks on trade and defence cooperation in the face of nuclear-armed North Korea and other threats. Their August 25 summit will follow a July trade deal in which Washington agreed to cut its reciprocal tariff on South Korea to 15 per cent from the initially proposed 25 per cent and to apply the same reduced rate to South Korean cars, the country's top export to the United States. South Korea also agreed to purchase USD 100 billion in US energy and invest USD 350 billion in the country, and the leaders could use their meeting to discuss expanding cooperation in key industries such as semiconductors, batteries and shipbuilding, Lee's spokesperson Kang Yu-jung said. The meeting also comes amid concerns in Seoul that the Trump administration could shake up the decades-old alliance by demanding higher payments for the US troop presence

Trump takes control of DC Police, deploys National Guard in historic move

In a first since DC's 1973 Home Rule Act, Trump invokes emergency powers to federalise policing and send troops into the capital's streets

US tariffs on Indian oil imports from Russia a 'big blow' to Moscow: Trump

President Donald Trump on Monday said American tariffs imposed on India for purchasing Russian oil have dealt a "big blow" to Moscow's economy, which is not doing well, as he referred to New Delhi as Russia's "largest or second largest oil buyer". Addressing a press conference at the White House, Trump claimed that Russia's economy has been severely disrupted by the ongoing global pressures due to the imposition of US tariffs on several countries. "I think Russia has to get back into building their country. It's a massive country... They have tremendous potential in Russia to do well. They're not doing well. Their economy is not doing well right now because it's been very well disturbed by this," he said. "Doesn't help when the President of the United States tells their largest or second-largest oil buyer that we're putting a 50% tariff on you if you buy oil from Russia. That was a big blow," Trump said, in an apparent reference to India. Trump has imposed 25 per cent reciprocal ..

Trump urges China to quadruple soybean buys amid tariff truce talks

In a late night post on Truth Social, Trump said China was worried about a shortage of soybeans and he hoped it would quickly quadruple its soybean orders from the US

Trump says 'we'll see what happens' on August 12 deadline for China tariffs

US Treasury Secretary Scott Bessent has said that Washington has the makings of a deal with China and he was "optimistic" about the path forward

Trump seizes control of Washington DC police, deploys National Guard

President Donald Trump is promising new steps to tackle homelessness and crime in Washington, prompting the city's mayor to voice concerns about the potential use of the National Guard to patrol the streets in the nation's capital. Trump wrote in a social media post that he planned a White House news conference at 10 am Monday to discuss his plans to make the District of Columbia safer and more beautiful than it ever was before. The Homeless have to move out, IMMEDIATELY, Trump wrote Sunday. We will give you places to stay, but FAR from the Capital. The Criminals, you don't have to move out. We're going to put you in jail where you belong. Last week the Republican president directed federal law enforcement agencies to increase their presence in Washington for seven days, with the option to extend as needed. On Friday night, federal agencies including the Secret Service, the FBI and the US Marshals Service assigned more than 120 officers and agents to assist in Washington. Trump sa

Nvidia, AMD to pay 15% of China chip sale revenue to US, says report

The deal to pay the US government from sales in China is unusual for a president, and marks Trump's latest intervention in corporate decision-making

$3,200 and rice for Vietnam farmers displaced for $1.5 bn Trump golf club

The project is the first partnership for the family business of U.S. President Donald Trump in Vietnam, which fast-tracked approvals as it negotiated a crucial trade deal with Washington

Trump yet to decide on tariffs over China's Russian oil purchase: Vance

US President Donald Trump has not yet decided on imposing levies on China for purchasing oil from Russia, as Washington's ties with Beijing affect many things that have nothing to do with the Russian situation", Vice President J D Vance has said. Well, the President said he's thinking about it, but he hasn't made any firm decisions," Vance told Fox News Sunday. He was responding to a question about Trump imposing significant tariffs on countries like India for buying Russian oil and whether Washington will impose similar levies on China since Beijing also buys Russian oil. "Obviously the China issue is a little bit more complicated because our relationship with China, it affects a lot of other things that have nothing to do with the Russian situation," Vance said. He added that Trump is "reviewing his options, and of course, going to make that decision when he decides. The US had initially imposed 25 per cent reciprocal tariffs on India and Trump last week slapped another 25 per c

Nvidia, AMD to share 15% of China AI chip sales with US under Trump deal

Shortly after Nvidia CEO met Trump and agreed to a 15% cut, the US Commerce Department began issuing licences for AI chip sales to China

Trump tariff impact: No need to be alarmed, this difficult phase will pass

The exporters of steel will be affected, but they have the financial strength to manage the setback. Trump has so far exempted tariffs on pharmaceuticals, electronics, and petroleum products

Russia, Ukraine stick to demands ahead of Putin-Trump Alaska summit

The maximalist demands reflect Putin's determination to reach the goals he set when he launched the full-scale invasion of Ukraine on February 24, 2022

World leaders hail Armenia-Azerbaijan peace deal, urge cautious optimism

Residents and politicians in Armenia and Azerbaijan responded Saturday with cautious hope and skepticism in some cases after their leaders signed a US-brokered agreement at the White House aimed at ending decades of hostilities. Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan signed the agreement on Friday in the presence of US President Donald Trump, who stood between the leaders as they shook hands a gesture Trump reinforced by clasping their hands together. While the agreement does not constitute a formal peace treaty, it represents a significant diplomatic step toward normalisation of relations. The two countries remain technically at war, and the deal does not resolve the longstanding dispute over the disputed region of Nagorno-Karabakh. It does, however, reflect the shifting power dynamics following Azerbaijan's 2023 military victory, which forced the withdrawal of Armenian forces and ethnic Armenians from the region. Among the agreement's ..

Europe, Ukraine push US on peace plan ahead of Trump-Putin Alaska talks

Trump plans to meet Putin in Alaska on August 15, saying the parties, including Ukrainian President Volodymyr Zelenskyy, were close to a deal that could resolve the three-and-a-half-year conflict

India welcomes Putin-Trump summit on Ukraine conflict in Alaska next week

India on Saturday welcomed next week's summit talks between US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska to find ways to end the Ukraine conflict. The Ministry of External Affairs (MEA), endorsing the move, said India stands ready to support the efforts as it recalled Prime Minister Narendra Modi's consistent position that "this is not an era of war". India's reaction came hours after the US and Russia announced that Trump and Putin will meet in Alaska next Friday on the Ukraine conflict . "India welcomes the understanding reached between the United States and the Russian Federation for a meeting in Alaska on August 15," MEA spokesperson Randhir Jaiswal said. "This meeting holds the promise of bringing to an end the ongoing conflict in Ukraine and opening up the prospects for peace. As Prime Minister Narendra Modi has said on several occasions, 'This is not an era of war'," he said. "India, therefore, endorses the upcoming Summit meeting and stand

Trump-Putin Alaska summit to tackle Ukraine war, tariffs and global trade

Trump announces historic Alaska summit with Putin to discuss Ukraine, tariffs, and trade; here's what to expect from the meeting

Bolton warns Trump's tariffs risk pushing India closer to Russia, China

Trump's leniency on the Chinese, and heavy-handed tariffs on India, jeopardise decades of American efforts to bring India away from Russia and China, said Bolton

Trump admin moves to dismiss Harvard's lawsuit over ban on foreign students

The dispute involves Harvard's certification with the Student Exchange and Visitor Program - a requirement for any university to enroll international students

Zelenskyy vows Ukraine won't cede land but seeks lasting peace with Trump

Zelenskyy said any decisions made without Ukraine are against peace and will achieve nothing