Page 3 - Donald Trump

Essar Group to invest $15 billion to build largest US steel plant in Iowa

US President Donald Trump on Monday unveiled Essar Group's plans to build a massive steel plant in Iowa, at an investment of USD 15 billion. Trump made the announcement in the Oval Office with Essar Group co-founder Ravi Ruia and his son Rewant by his side. "Today, we're thrilled to announce that Mesabi Metallics will be building the largest steel plant in American history in the great state of Iowa," Trump said. Essar Group's Mesabi Metallics chairman Rewant Ruia thanked Trump "for bringing back the importance of building things in America." Mesabi Metallics is building the plant with the aim of starting production by 2030, a White House official said. The facility is expected to produce 10 million tonnes of steel a year and create as many as 1,750 permanent jobs in the state, the official said. The plant will use iron ore from a new mine that the company invested USD 2.5 billion to build in Minnesota. The mine will produce about 7.5 million tonnes of iron per year and create ab

Trump asked China's president if he wanted to buy US arms, ambassador says

China has pressed Washington to halt the arms sales, most prominently during a previous summit in May between Trump and Xi in Beijing.

US, China release product lists under planned $30 billion tariff deal

The list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, according to documents published by both governments

Trump confirms meeting with Anthropic CEO, repeats dismissal of AI fears

Trump also reiterated his belief that new regulations would open the door for China to outpace the United States in AI advancement

Looking 'very seriously' at banning US diesel exports, says Trump

Several farm-state lawmakers have urged Trump to limit US diesel exports during the peak of the fall harvest season

Iran war will be won very soon, pre-midterm strikes possible, says Trump

When asked specifically whether military strikes could resume before the upcoming midterm elections, Trump declined to take the option off the table

The art of 'diplotainment'

The Trump-Xi summit yielded few substantive gains

Trump backs unregulated AI to beat China, but it may harm US security

The US president has repeatedly argued that the introduction of robust regulations to slow down progress on AI threatens US national interests by enabling China to seize the advantage

Trump admin set to roll back Biden-era auto fuel economy standards

Trump pitched the changes, which he announced in December, as a way to boost the domestic auto industry and lower consumer costs

Trump approval rating drops to 37% amid approaching US midterm elections

The Wall Street Journal said the rating is the lowest for any president heading into midterm elections in its polls dating to 1990, as Trump prepares to campaign for Republicans

CNN left off Air Force One as Trump admin signals new media restriction

The White House signalled Friday night that CNN would be left off Air Force One for President Donald Trump's Saturday trip, the latest media restriction from the administration in an ongoing dispute with First Amendment implications. The news organisation was replaced by Real America's Voice News, a conservative outlet. The news came just after journalists from three news outlets that Trump banned last week from the White House grounds returned to the executive complex with TV cameras, laptops and microphones in hand. The US network video pool for the White House was back in operation Friday, for the first time since President Donald Trump banned three news outlets in an extraordinary showdown over media access. At noon on CNN, viewers could see Trump and President Xi Jinping touring the National Archives, along with Melania Trump and Peng Liyuan, Xi's wife. The banner along the bottom of the screen read: "Trump and China's Xi Visit National Archives." It was a routine report from

Trump shares Pak PM's UN speech thanking him for 'intervention' in 2025

US President Donald Trump has shared on social media a video clip of Pakistan Prime Minister Shehbaz Sharif's speech at the United Nations, where he thanked the American leader's "timely intervention" in halting Operation Sindoor. In the 87-second clip shared by Trump on Truth Social on Friday, Sharif refers to Operation Sindoor launched by India last May to avenge the Pahalgam terror attack as "external aggression" and credits Pakistan's Army Chief Asim Munir for his "courageous leadership". Sharif thanked Trump's "resolute and visionary leadership" and "timely intervention" in saving millions of lives in South Asia. Trump shared the video clip of Sharif's speech without any comments. The US president, in his speech at the UN on Tuesday, had claimed that he helped settle eight wars, including the conflict between Pakistan and India. According to Trump, Sharif said that the US president was responsible for saving 30 million lives in South Asia. Trump also said that almost all the

Tax fraud could cost US more than $300 billion annually, GAO finds

The Government Accountability Office estimated annual federal tax fraud losses at $116 billion-$304 billion, based on data from 2018 through 2024

Trump rejects Iran's 7-day ceasefire plan, prepares for military escalation

The Wall Street Journal reported that Trump told aides he expects US bombing of Iran to resume after November's midterm elections

Pak PM raises J&K issue at UNGA, credits Trump for 'intervention' in 2025

Pakistan's Prime Minister Shehbaz Sharif on Friday used the UN General Assembly podium to credit US President Donald Trump for his "timely intervention" in the 2025 conflict with India, as he again raked up the Kashmir issue in his address at the world organisation. India had launched Operation Sindoor on May 7 last year, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir in retaliation for the April 22 Pahalgam attack that had killed 26 civilians. US President Trump has repeatedly claimed, as recently as in his address to the UN General Assembly this week, that he stopped the war between India and Pakistan. New Delhi has consistently denied any third-party intervention. Sharif thanked Trump for his "resolute and visionary leadership", saying that the American leader's "timely intervention" saved hundreds of millions of lives in South Asia. In his about 23-minute address, Sharif also raised the issue of Kashmir, saying that to ensure South Asia never reaches .

Donald Trump tells OpenAI, Anthropic to withhold models from UK agency

Trump's government wants to ensure US-made models are secure before they are shared with partners including the UK

Trump-Xi summit goes big on pomp, but key US-China deals remain elusive

The most significant news tied to the gathering was when Treasury Secretary Scott Bessent said that the two sides had extended a trade truce for another two months

White House reinstates access to CNN, MS NOW, Politico after court order

The White House restored access for journalists from CNN, MS NOW and Politico after a federal judge ruled that Trump's ban likely violated their constitutional rights

Tech titans, Trump fete China's Xi Jinping at lavish state dinner

Trump has welcomed Xi with fanfare this week, affording rare state visit honors to a counterpart considered one of America's biggest industrial and military rivals

Xi Jinping pushes Trump to 'oppose' Taiwan independence in rare call

Since coming to power in 2012, Xi has made bringing Taiwan under China's control a key goal and vowed to achieve it someday, by force if necessary