Page 43 - Donald Trump

Trump signs order to impose tariffs on countries supplying oil to Cuba

President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that puts pressure on Mexico. Mexican President Claudia Sheinbaum said this week that her government had at least temporarily stopped oil shipments to Cuba, but said it was a "sovereign decision" not made under pressure from the United States. Trump has been squeezing Mexico to distance itself from the Cuban government.

Cautious confidence: Amid uncertainty, banks seek to steer with stability

Even as banks boast healthy books, concerns remain across the financial landscape. Raghu Mohan and Abhijit Lele explain why work is not yet complete

Sunglasses and global turmoil give Macron a rare lift at home and abroad

Emmanuel Macron gains rare political momentum as his defiant Davos stance and global turmoil boost his standing at home, even as deep challenges persist in France and Europe

Withdrawing to the West: US defence strategy raises global concern

America First reshapes US defence priorities, urging allies to secure themselves and raising fresh doubts over Taiwan and Asia's stability as Washington turns inward

US, Denmark begin discussions over Greenland deal to assuage Trump

The negotiations follow Trump's announcement last week of a "framework of a future deal," in which he pledged to refrain from imposing tariffs on European nations

Federal troop deployments to US cities cost taxpayers nearly $496 mn

The Trump administration's high-profile deployment of federal troops to six US cities has cost taxpayers roughly USD 496 million through the end of December, and continued deployment could cost over USD 1 billion for the rest of the year, according to new data from the nonpartisan Congressional Budget Office. President Donald Trump has justified sending National Guard troops into US cities as part of an effort to combat crime and support local law enforcement. Critics of the move argue the deployments undermine state and local authority and exceed the president's authority under the Constitution. The CBO published the new data estimating the costs associated with the federal deployments of National Guard and active-duty Marines after a request from Sen. Jeff Merkley, D-Ore., who is the ranking member on the Senate Budget Committee. "The American people deserve to know how many hundreds of millions of their hard-earned dollars have been and are being wasted on Trump's reckless and ..

Rubio defends Trump on Venezuela while trying to allay fears over Greenland

Secretary of State Marco Rubio gave a full-throated defence Wednesday of President Donald Trump's military operation to capture then-Venezuelan President Nicolas Maduro, while explaining to US lawmakers the administration's approach to Greenland, NATO, Iran and China. As Republican and Democratic members of the Senate Foreign Relations Committee offered starkly different readings of the administration's foreign policy, Rubio addressed Trump's intentions and his often bellicose rhetoric that has alarmed US allies in Europe and elsewhere, including demands to take over Greenland. In the first public hearing since the Jan 3 raid to depose Maduro, Rubio said Trump had acted to take out a major US national security threat in the Western Hemisphere. Trump's top diplomat said America was safer and more secure as a result and that the administration would work with interim authorities to stabilise the South American country. "We're not going to have this thing turn around overnight, but I

Now, for an investment protection guarantee to signal India is serious

It will signal to the world that India is serious about being open for business

Al-Maliki stands his ground as Trump warns of ending US support for Iraq

Former Iraqi Prime Minister Nouri al-Maliki expressed defiance on Wednesday after US President Donald Trump threatened to withdraw Washington's support for Iraq if he returns to power. "We reject the blatant American interference in Iraq's internal affairs and consider it a violation of its sovereignty," al-Maliki, who is nominated by the country's dominant political bloc to return to the premiership, said in a statement. Trump in a social media post Tuesday wrote, "Last time Maliki was in power, the Country descended into poverty and total chaos," adding, "Because of his insane policies and ideologies, if elected, the United States of America will no longer help Iraq and, if we are not there to help, Iraq has ZERO chance of Success, Prosperity, or Freedom." Washington has been pushing Iraq to distance itself from Iran and sees al-Maliki as too close to Tehran. His last term, which ended in 2014, also saw the rise of the Islamic State group, which seized large swaths of the ...

Massive armada heading to Iran, says Trump; urges Tehran to 'make a deal'

In a post on Truth Social, Trump said a "massive armada" was heading towards Iran, led by the aircraft carrier Abraham Lincoln

Outcry in Italy as US says ICE agents will join Olympics delegation

The Italian government said it had requested clarification from American diplomats after DHS said that ICE agents would help secure the US Olympic delegation next week in northern Italy

'India comes out on top in this': Trump administration on EU trade deal

India came out on "top" in the trade deal with the European Union and is going to have a heyday with this, US Trade Representative Jamieson Greer said in the first reaction from the Trump administration on the free trade agreement. Greer was responding to a question on the trade agreement, billed as the "mother of all deals", sealed between India and the EU on Tuesday. "I've looked at some of the details of the deal so far. I think India comes out on top on this, frankly. They get more market access into Europe," Greer said in an interview with Fox Business on Tuesday. "It sounds like they (India) have some additional immigration rights. I don't know for sure, but President (Ursula) von der Leyen of the EU has talked about mobility for Indian workers into Europe. So I think on net, India is going to have a heyday with this. They have low-cost labour," Greeer added. He said that it looks like the EU is doubling down on globalisation when the US is trying to "fix some of the problems

'Another beautiful armada floating': Trump renews hard-line Iran stance

Speaking in Iowa, the US president pointed to a major military buildup near Iran even as he said Tehran has repeatedly sought negotiations

'We'll get it done one way or the another': Trump defiant on tariffs

The US president criticised judges blocking his tariff regime and said he would find other ways to impose duties if the court rules against him

Trump rejects 'pullback' claim as Border Patrol official exits Minneapolis

US President Donald Trump said the withdrawal of Border Patrol official Gregory Bovino and several agents from Minneapolis was a routine adjustment, not a pullback

Carney says Trump's tariff threats are bluster ahead of US-Canada FTA talks

Canadian Prime Minister Mark Carney said Monday some of US President Donald Trump's threats should be viewed as prepositioning ahead of negotiations to renew the free trade pact between the two large trading partners. Carney noted they are entering a review of the United StatesMexicoCanada Agreement this year and said he expects a "robust review". "The president is a strong negotiator, and some of these comments and positioning should be viewed in the broader context of that," Carney said. Trump threatened this past weekend to impose a 100% tariff on goods imported from Canada if America's northern neighbour went ahead with a trade deal with Beijing, something Carney said Canada has no interest in. Carney has said his recent agreement with China merely cuts tariffs on a few sectors that were recently hit with tariffs. In 2024, Canada mirrored the United States by putting a 100% tariff on electric vehicles from Beijing and a 25% tariff on steel and aluminum. China had responded by

US court orders ICE chief to explain why detainees were denied due process

The chief federal judge in Minnesota says the Trump administration has failed to comply with orders to hold hearings for detained immigrants and ordered the head of Immigration and Customs Enforcement to appear before him Friday to explain why he shouldn't be held in contempt. In an order dated Monday, Chief Judge Patrick J. Schiltz said Todd Lyons, the acting director of ICE, must appear personally in court. Schlitz took the administration to task over its handling of bond hearings for immigrants it has detained. "This Court has been extremely patient with respondents, even though respondents decided to send thousands of agents to Minnesota to detain aliens without making any provision for dealing with the hundreds of habeas petitions and other lawsuits that were sure to result," the judge wrote. The order comes a day after President Donald Trump ordered border czar Tom Homan to take over his administration's immigration crackdown in Minnesota following the second death this month

Why did Trump back down on Greenland tariffs? | European Union | Nato

US President Donald Trump has withdrawn planned tariffs on several European allies after reaching what he calls a “framework of a future deal” with Nato on Greenland and Arctic security.

Trump sues JPMorgan: Allegations, JPMorgan’s response & more

US President Donald Trump has filed a $5 billion lawsuit against banking giant JPMorgan Chase and its CEO Jamie Dimon, alleging unlawful closure of his personal and business bank accounts in 2021.

Fed likely to keep rates unchanged as chief Powell pivots back to economics

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week's meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won't like the result. The central bank's interest rate-setting committee is almost certain to keep its key short-term rate unchanged at about 3.6 per cent, after three straight quarter-point cuts last year. Fed Chair Jerome Powell said after December's meeting that they were "well positioned to wait to see how the economy evolves" before making any further moves. When the Fed lowers its short-term rate, it can over time influence other borrowing costs for things like mortgages, auto loans and business borrowing, though those rates are also affected by market forces. This week's meeting - one of eight the Fed holds each year - will be overshadowed by the bombshell revelation earlier this month that the Justice Department has subpoenaed the Fed as part of a ..