The US President further stated that global oil prices were expected to fall due to abundant supply
Call him the Trader in Chief. Recent presidents have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen, but Donald Trump smashed that precedent in the first quarter of this year with more than 3,600 buy and sell orders, many of them involving companies whose profits have been directly impacted by his decisions as head of the government. Among the Trump trades in a recent report filed with a federal ethics agency was as much as USD 6 million in Nvidia, whose advanced chips Trump approved for sale to China last year. His portfolio also scooped up stocks of several US military suppliers impacted by the Iran war, including Lockheed Martin, General Dynamics and Northrop Grumman. "If he were defence secretary, he would be committing a crime," said Richard Painter, the chief White House ethics adviser in the George W Bush administration and a big critic of congressional trading, too. "Technically he can do this, but it is ...
US President Donald Trump said Washington could attack Iran again within days if Tehran fails to agree to a deal, even as Iran seeks sanctions relief and an end to hostilities
Trump said there was a "very good chance" the US could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon
The terms as described in the Iranian reports appeared little changed from Iran's previous offer, which US President Donald Trump rejected last week as 'garbage'
President Trump has repeatedly said he'll restart military action against Iran, only to stop short of plunging the United States directly back into an unpopular war
President Donald Trump said he is holding off on a military strike on Iran planned for Tuesday because "serious negotiations" are underway. Trump's announcement in a social media post Monday came as he had threated the clock was ticking for Iran to strike a deal or fighting would renew after a fragile ceasefire. The president did not offer details about the planned attack but said but he instructed the US military "to be prepared to go forward with a full, large scale assault of Iran, on a moment's notice, in the event that an acceptable Deal is not reached." Trump has been threatening for weeks that the ceasefire struck in mid-April could end if Iran did not strike a deal, with shifting parameters for striking such an agreement.
Brent futures for July delivery fell $3.01, or 2.7 per cent, to $109.09 a barrel as of 0001 GMT, while US West Texas Intermediate crude for June delivery fell $1.38, or 1.3 per cent, to $107.28
Brookings Institution analysis says most children affected by immigration enforcement are likely US citizens
The filing shows that he or his investment advisers made more than 3,700 trades in the first quarter, reigniting conflict-of-interest concerns around the Trump administration
The release also stated that President Trump will host President Xi in Washington later this year, while both countries will support each other as hosts of the G20 and APEC summits
The US and China have agreed to set up boards on trade and investment and build a constructive relationship of strategic stability based on fairness and reciprocity, according to a fact sheet by the White House on President Donald Trump's visit to Beijing. The fact sheet, issued on Sunday, said China will address the United States' concerns regarding supply chain shortages related to rare earths and other critical minerals, including yttrium, scandium, neodymium, and indium. It also said that Trump and Chinese President Xi Jinping agreed that Iran cannot possess a nuclear weapon, called to reopen the Strait of Hormuz, and agreed that no country or organisation can be allowed to charge tolls. The fact sheet also mentioned that Trump will welcome Xi for a visit to Washington this fall, and both countries will support each other as hosts of the G20 and APEC summits later this year. "President Trump and President Xi confirmed their shared goal to denuclearise North Korea," the fact she
'For Iran, the Clock is Ticking, and they better get moving, FAST, or there won't be anything left of them', Trump wrote in a Truth Social post
The fact that the Beijing-Moscow axis remains as sturdy as ever is a compelling sign of the US' waning influence over large swathes of global geopolitics
Trade was a focus when Chinese President Xi Jinping hosted Trump for a summit last week, though both sides have released limited details on deals and Trump said tariffs weren't discussed
Part of the problem for Mr Trump is that he has focused on too many things simultaneously
Trump said he was considering whether to lift US sanctions on Chinese oil companies buying Iranian oil. China is the biggest buyer of Iranian oil
The ministry issued the statement on Saturday following a two-day summit in Beijing between US President Donald Trump and Chinese leader Xi Jinping
The US President further claimed that Taiwan's current leadership was moving towards independence under the assumption that Washington would support it militarily
President Donald Trump said US and Nigerian forces killed a leader of the Islamic State group in Nigeria in a mission carried out Friday. Trump announced the joint operation in a late-night social media post that offered few details. He said Abu Bakr al-Mainuki was second in command of the Islamic State group globally and "thought he could hide in Africa, but little did he know we had sources who kept us informed on what he was doing." The US viewed Al-Mainuki as the key figure in IS organising and finance, and believed he was plotting attacks against the United States and its interests, according to an official who spoke on condition of anonymity because they were not authorised to share sensitive information. Born in Nigeria's Borno province in 1982, al-Mainuki took the helm of the IS branch in West Africa after the group's previous leader in the region, Mamman Nur, was killed in 2018, according to the Counter Extremism Project, which tracks militant groups. Al-Mainuki was based