Page 22 - Donald Trump

US firms remain cautious about investing in China despite improved profits

Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year

'I love the inflation': Trump's remark gets backlash amid rising costs

President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, "love" it. Asked about the new report that the consumer price index in May had jumped 4.2 per cent over the last year, the president took a surprisingly optimistic tack with the challenging news. Trump didn't dismiss the affordability issue as a "hoax" that was started by Democrats, as he has done previously. Nor did he claim that he was bringing down the cost of living. Instead, after the government said that inflation spiked to the highest level since April 2023, Trump praised the numbers. "You know what I really love?" Trump said. "I love the inflation." It was an unexpected take given that voters ahead of the November midterm elections have ranked the economy as a top concern -- and have given Trump low marks on that issue. Within minutes of his on-camera comment, Democrats quickly rushed to promote it on social media. Trump had pledged in his 2024 campa

World leaders congratulate Modi on becoming India's longest-serving PM

US President Donald Trump on Wednesday described Prime Minister Narendra Modi as a "Great One", while Russia hailed him as the "doyen of all Indian prime ministers" as world leaders congratulated him on becoming India's longest continuously serving elected representative at the top post. European Commission President Ursula von der Leyen, Italian Prime Minister Georgia Meloni, German Chancellor Friedrich Merz, Israeli Prime Minister Benjamin Netanyahu, Canadian Prime Minister Mark Carney and former UK PM Rishi Sunak were among prominent leaders who extended their greetings through social media posts. Modi, who was elected to the office in 2014, reached the milestone on Wednesday, with an unbroken tenure of 4,399 days - surpassing India's first Prime Minister Jawaharlal Nehru. Congratulating his "friend", President Trump, in a post on Truth Social, described Prime Minister Modi as "a Great One". "He is a strong, healthy, and wise man, and will have many years of Greatness and Succes

US launches fresh strikes on Iran as Trump says Tehran will 'pay the price'

The US military said Wednesday it began another round of strikes against Iran after President Donald Trump warned that Tehran would "pay the price" for stalled negotiations. The escalating attacks threatened to derail efforts to end the war. US Central Command said in a social media post that the military was striking "multiple targets in Iran," attacks that were "in response to Iran's unwarranted and continued aggression". The second day of American strikes came hours after Bahrain, Kuwait and Jordan - all of which host US troops - came under Iranian fire. It was the third time this week that back-and-forth strikes have tested a two-month ceasefire. They also came a day after the US struck Iran following the crash of an Army helicopter near the Strait of Hormuz that Trump blamed on the Islamic Republic. Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in a matter of days. Iranian media reported that explosions we

Over 100 mn oil barrels, 200 ships secretly escorted through Hormuz: Trump

Earlier, Trump said that the United States would resume attacks on Iran, as he voiced frustration over Tehran's delays in concluding the deal with Washington

Trump congratulates Modi on becoming India's longest-serving elected PM

US President Donald Trump on Wednesday greeted Prime Minister Narendra Modi on becoming India's longest-serving elected prime minister. Modi reached the milestone of becoming India's longest-serving prime minister on Wednesday, with an unbroken tenure of 4,399 days in office, surpassing the record of the first prime minister, Jawaharlal Nehru. "Congratulations to my friend, Prime Minister Narendra Modi, on becoming India's longest-serving Prime Minister And a Great One he is," Trump said in a post on Truth Social. "He is a strong, healthy, and wise man, and will have many years of Greatness and Success ahead of him," he said.

Trump signs law boosting immigration, deportation funding by $70 bn

President Donald Trump signed a bill into law on Wednesday that gives his immigration and deportation agenda a nearly USD 70 billion boost for the rest of his time in the White House. The bill provides USD 38 billion for US Immigration and Customs Enforcement and USD 26 billion for the Border Patrol. An additional USD 5 billion would cover unforeseen costs, according to the White House. Trump signed the legislation in the Oval Office a day after House Republicans pushed the measure through by a 214-212 vote over the objections of Democrats. His signature ended a nearly six-month fight over Department of Homeland Security funding that began with shooting deaths of deaths of two US citizens, Alex Pretti and Renee Good, in January during federal immigration enforcement operations in Minneapolis. Democrats began demanding changes to immigration enforcement after the shootings, creating an impasse - and resulting in the longest agency in history - that ultimately led Republicans to go it

More US strikes on Iran coming today, Trump says Tehran will pay the price

The United States launched airstrikes early Wednesday against Iran, and Tehran fired back at countries in the region. The escalating attacks threatened to derail efforts to end the war, as US President Donald Trump warned that Tehran would "pay the price" for stalled peace negotiations. Trump's warning came hours after Bahrain, Kuwait and Jordan - all of which host US troops - came under Iranian fire. It was the second time this week that back-and-forth strikes have tested a two-month ceasefire. On Monday, Iran and Israel targeted each other. It was not clear what Trump's post on Truth Social would mean for Tehran, and the comments underlined the American leader's whipsaw approach to the war. He suggested on Monday that a deal to end the conflict could be reached in a matter of days. Iran, meanwhile, has proved resilient despite having faced weeks of heavy bombing. It is betting that its ability to effectively close the Strait of Hormuz - a crucial passageway for the world's oil and

US, Iran zero in on four nuclear issues in talks amid escalating tensions

With the cease-fire proving tenuous, negotiations between the two nations are in flux, but have advanced to outline potential paths forward on difficult questions about Iran's nuclear program

Trump says Iran downed US Apache helicopter, vows military response

Monday's flare-up added further strain to efforts to broker a peace deal to end the wider Middle East war and reopen the Strait of Hormuz

US helicopter pilots who went down in Strait of Hormuz are fine, says Trump

It was not immediately clear whether the Apache was shot down by Iranian fire, experienced mechanical failure or encountered some other problem

Trump says Iran peace deal '2-3 days away' amid friction with Netanyahu

Donald Trump said negotiations with Iran were in their 'final throes', even as differences with Netanyahu surfaced over Israel's military actions in Lebanon

Israel-Iran conflict exposes limits of Trump's control in West Asia

President Trump is grappling with his own version of the sort of West Asia crisis that beset his predecessors, and that he promised to avoid

'Bibi, be careful': Trump warns Netanyahu of isolation if Iran war resumes

Trump said he warned Netanyahu against resuming war with Iran, while Israel's envoy dismisses reports of pressure, describing the leaders' relationship as strong and cooperative

Trump's approval stays near record low as Iran war fuels economic concerns

The Republican leader has faced widespread discontent in recent months over ​his decision to go to war with Iran, which has led to a surge in gasoline prices

Trump-Netanyahu differences surface as Israel-Iran tensions flare again

Israel's latest strikes on Lebanon and Iran have made clear that US President Donald Trump and Israel Prime Minister Benjamin Netanyahu, who started the war in lockstep, want different things. Trump had publicly warned Israel not to strike Beirut in its war with Iran-backed Hezbollah militants. When it did, on Sunday, Iran responded by firing ballistic missiles at Israel for the first time since the April ceasefire. Israel then struck Iran, with which Trump has been engaged in weeks of high-stakes negotiations. The fighting has since died down, but the differences between the two leaders are likely to persist. That's because Trump, whose party faces elections later this year, wants to wind down an unpopular war and reopen the Strait of Hormuz to ease gas prices. Iran says a full ceasefire in Lebanon is key to any deal. Netanyahu, who also faces elections this year, is under pressure to stop Hezbollah's attacks and prove that he is winning the war with Iran and its allies. He also .

US federal judge strikes down Trump's proposed $100,000 H-1B visa fee

A federal judge on Monday ruled that the USD 100,000 fee imposed by US President Donald Trump for H-1B applications was unlawful as it did not have the approval of Congress. "...the Court finds that the Policy imposes a tax on H-1B petitions without the requisite delegation by Congress," US District Court judge Leo Sorokin in Boston, Massachusetts, said in a ruling. The H-1B programme is one of the most sought-after US work visas that allows American companies to hire skilled global talent. Trump's order proposing a USD 100,000 annual fee per H-1B worker left many uncertain about visa reforms and new requirements. In September last year, Trump signed a proclamation adding the USD 100,000 fee for new H-1B visa applications. The fees are generally paid for by a sponsoring employer, and administration officials have cast it as an initiative to encourage companies to hire Americans instead. "Here, the substance and application of the USD 100,000 payment reveal that it is a tax, regard

FTX founder Sam Bankman-Fried seeks presidential pardon from Trump

The 34-year-old submitted an application to the Justice Department's Pardon Attorney Office, according to the office's website, requesting a "pardon after completion of sentence"

"Iran is unbreakable": Iran's FM Araghchi sends strong message to US at Brics FM meet | Trump

FM Araghchi delivers Iran's statement at the BRICS Foreign Ministers' Meeting in India. He highlighted the importance of breaking Western hegemony and ensuring that international institutions remain