Asked about Khamenei's involvement in talks with the US on ending hostilities, Trump said, "He's involved, absolutely. ...I think they have a lot of respect for him"
Over the past two decades, Iran repeatedly threatened to close down the waterway. President Trump underestimated Iran's ability to do so
US Ambassador Sergio Gor says 99 per cent of the bilateral trade pact is in place, with negotiators working to resolve final technical and legal issues during talks in New Delhi
The latest diplomatic rupture followed days of Israeli military escalation against Hezbollah in Lebanon, prompting a phone call between Trump and Israeli Prime Minister Benjamin Netanyahu
President Donald Trump signed an executive order on oversight of artificial intelligence Tuesday, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America's technological edge. The order establishes a framework for the federal government to vet the national security risks of the most advanced AI systems for up to a month before their public release. Participation by AI developers would be voluntary, the order says. "Advanced AI capabilities make our Nation stronger, but also introduce new national security considerations that require coordinated action across executive departments and agencies," the order says. It was not immediately clear to what extent the order differed from the one Trump declined to sign on May 21. The order says the government would have only 30 days to review an AI system, a shorter time frame than some in the industry were expecting. A longer time period might have been seen as too burdensome for
The Trump administration proposed 25 per cent tariffs on imports from Brazil, charging that the world's 10th-biggest economy engages in trade practices that are "unreasonable'' and that "burden or restrict US commerce.'' Brazil's President Luiz Inacio Lula da Silva said he received the decision "with indignation." He also blamed the decision by the US administration on his rival in October's elections, Sen. Flavio Bolsonaro, who visited Washington last week. The senator is the son of former President Jair Bolsonaro, once nicknamed "the Trump of the Tropics" by his allies. The announcement late Monday came after an investigation by the Office of the US Trade Representative, charging Brazil with lax anti-corruption enforcement and unfair tariffs of its own, among other things. The US has had a goods trade surplus with Brazil for years. US Trade Representative Jamieson Greer said that he and President Donald Trump had "constructive'' meetings with Lula and other Brazilian officials. B
Trump refuted claims that communications between the two nations had broken down, asserting that discussions have been actively maintained over the last several days
Tuesday's order emphasises voluntary participation by developers despite earlier deliberations about mandating government approval of new AI systems
President Donald Trump has tapped federal housing finance Director Bill Pulte to be acting director of national intelligence to replace Tulsi Gabbard. Trump made the surprise announcement Tuesday on Truth Social regarding Pulte, the director of the Federal Housing Finance Agency and chair of mortgage giants Fannie Mae and Freddie Mac. Trump says Pulte "has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets, and over 10 Trillion Dollars at Fannie Mae/Freddie Mac, a substantial increase from where it was just 12 months ago." Trump says Pulte will keep his other positions even as he fills in for Gabbard, who resigned last month after revealing her husband's cancer diagnosis.
Trump said on Monday that negotiations with Iran were continuing and there would be a deal over the next week to extend a ceasefire agreed in early April and reopen the Strait of Hormuz
The order also allows foreign companies to qualify for a 10% tariff if 'their capital equipment includes at least 85% aluminum by weight'
According to a US official cited by Axios, Trump expressed immense frustration over what he perceived as a disproportionate military response to Hezbollah's strikes on Israel
Early on Tuesday, the Israeli military said that it intercepted two projectiles that crossed from Lebanon into northern Israel, and that no injuries were reported
The precise parameters of the tentative truce publicised by Trump continue to be shrouded in ambiguity, driven by contrasting signals emerging from Washington, Jerusalem, Hezbollah, and Beirut
US President Donald Trump on Monday said talks were continuing with Iran at a rapid pace, as fresh strikes by Tehran appeared to hit the fragile ceasefire. "Talks are continuing, at a rapid pace, with the Islamic Republic of Iran," Trump said in a post on Truth Social. The nominal ceasefire between Iran and the US has been repeatedly tested with such back-and-forth attacks, even as officials from both countries try to negotiate an end to the war. It's not clear how close they are to a deal and there is always the risk that an attack could derail those talks.
The world is getting more uptight about lending money to President Donald Trump's government - causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November's mid-term elections. The energy price spike triggered by the Iran war has seeped into the price of bonds that help fund the US government. Interest rates on a 10-year US Treasury note are topping 4.44%, up from 3.95% before the war started at the end of February. Average mortgage rates have climbed to their highest levels in nine months, while auto sales are slumping. The challenge is global in scale, as interest rates have risen for multiple countries as the world has been adjusting to the prospect of higher inflation, mounting questions about the sustainability of government debt and a dramatic surge in investment in artificial intelligence. Trump has tried to assure Americans that he has a plan to trim the roughly USD 1.8 ...
Trump stated that the deal will be a good one for the USA and its allies
Powell exited the top job at the Fed earlier this month with a legacy in part defined by his defense of the central bank against relentless pressure from Trump and his allies
The latest round of changes comes a week after Trump said the deal was 'largely finalised' and indicated that an end to hostilities was imminent
US Secretary of War Pete Hegseth on Saturday credited President Donald Trump with helping broker peace between India and Pakistan, while describing India as a key partner in Washington's Indo-Pacific strategy and highlighting growing defence cooperation between the two countries. Speaking at the Shangri-La Dialogue in Singapore, Hegseth referred to the understanding reached between New Delhi and Islamabad after their military confrontation last year and praised Trump's role in easing tensions. "You saw that in the ability of the president to come together on brokering a peace between India and Pakistan, two nuclear capable countries," Hegseth said. Trump has repeatedly claimed that he helped secure peace between India and Pakistan following a four-day military conflict last year triggered by the terror attack in Jammu and Kashmir's Pahalgam that killed 26 people. India, however, has consistently maintained that the understanding was reached directly between the two countries and has