Page 6 - Donald Trump

US drafting ban on Chinese energy inverters over security concerns

The proposed rules would restrict imports of new foreign inverter models amid concerns that Chinese-made equipment could pose risks to the US power grid

Trump tariff defeat is market tailwind 'no one is talking about'

Analysts say refunds of tariffs struck down by the US Supreme Court could boost corporate earnings, cash flows and shareholder returns, even if the benefit is one-off

Trump claims Iran requested meeting; Iranian officials deny talks are fixed

President Donald Trump said Monday on social media that Iran had requested a meeting with US counterparts, though one of Iran's top negotiators said no further talks had been scheduled after attacks across the Persian Gulf over the weekend challenged negotiations to end the war. The US president has tried to preserve an increasingly fragile interim deal as hostilities have mounted in recent days in the Strait of Hormuz, through which a fifth of the world's oil had been shipped before the war began. Trump said the meeting with Iran would happen on Tuesday in Doha, Qatar. But Kazem Gharibabadi, a senior negotiator for Iran, denied any talks had been scheduled. The US and Iran agreed to a deal earlier this month that calls for Tehran to dilute its stockpile of enriched uranium, and waives US-backed sanctions on the country while opening the Strait of Hormuz and giving each side 60 days to hammer out broader agreements. Oil prices fell sharply after the signing of the interim deal, but

US Supreme Court backs Trump's agency firings, spares Fed governor

The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump's firings of the heads of independent federal agencies with one important exception, the Federal Reserve. The justices allowed Fed governor Lisa Cook to stay in her job while she fights the Republican president's effort to fire her over allegations of mortgage fraud, which she has denied. But other than at the nation's central bank, with its role of setting interest rates, the court held that presidents have free rein to fire agency heads at will, despite federal laws that require a cause for such dismissals and a 91-year-old decision that had limited executive authority. With the six conservative justices in the majority, the nine-member court jettisoned its unanimous decision in Humphrey's Executor that had limited when presidents can fire agency board members - in part to try to ensure decision-making free of political influence. The justices ruled in the case of former Federal

Donald Trump announces Iran meeting to be held in Doha on Tuesday

The US President said Iran had requested the meeting but did not provide further details about the agenda or participants

Trump may visit India next year, trade deal close to finalisation: Rubio

India-US ​ties have been rocky ‌over the past year since Washington imposed high tariffs ‌on Indian goods, punishing New Delhi for purchasing Russian oil, ​and engaging closely with Pakistan

Apple seeks US govt approval to buy chips from blacklisted Chinese company

The iPhone maker ​has lobbied the White House for approval aimed at easing ​financial pressure on the company from rising memory chip prices

Thank you, says Trump as Telangana names Hyderabad road after him

Donald Trump expressed his gratitude for naming a road in Hyderabad, India, after him, saying he was the first US President to be honoured this way. Trump's remarks on Truth Social on Friday came after the Telangana government named a road adjoining the US Consulate in the southern Indian city as "Donald Trump Avenue". "The new Donald Trump Avenue in Hyderabad, India -- The first US President to ever be honoured in this way. Thank you," Trump said, sharing a photograph of Telangana deputy chief minister Mallu Bhatti Vikramarka and US envoy to India Sergio Gor unveiling the ceremonial plaque earlier this week. The newly named Donald Trump Avenue is also close to the offices of major American tech firms, including Microsoft, Google and Amazon. The Telangana government described the designation as a tribute to the United States and a recognition of Hyderabad's growing role in US-India relations.

Trump threatens 100% tariff on countries imposing digital services tax

The US president said any country levying a digital services tax on American companies would face sweeping tariffs, escalating tensions with Europe despite progress on a broader trade deal

Donald Trump says Iran attacks on ships 'a foolish violation' of ceasefire

US President says Iran launched four one-way attack drones at ships transiting the Strait of Hormuz, with one striking the upper deck of a cargo vessel

Ex-Trump adviser Bolton pleads guilty to mishandling classified documents

Former Trump administration national security adviser John Bolton pleaded guilty on Friday to illegally retaining classified information, sealing a deal with federal prosecutors that could allow him to avoid a prison term. Bolton, who became an outspoken critic of President Donald Trump after serving in the Republican's first administration, is scheduled to be sentenced on October 28 by US District Judge Theodore Chuang in Greenbelt, Maryland. Bolton pleaded guilty to a single count of illegally retaining classified information. His plea agreement with the Justice Department may enable him to avoid time behind bars, but the judge ultimately will decide his punishment. The plea agreement recommends capping any prison sentence at five years but the judge isn't bound by that part of the deal. Bolton can withdraw his guilty plea if the judge issues a longer prison sentence or a fine greater than USD 2.25 million. Bolton was charged last October with 18 counts of either retaining or ...

US' doors are closed to asylum seekers: White House Dy Chief of Staff

The comments come as the US Supreme Court on Thursday ruled that government officials can turn away asylum seekers at the southern border with Mexico if they have not yet set foot on US soil

US Army to build critical minerals processing plants on military bases

REalloys Inc., Titan Mining Corp., ioneer Ltd. and Energy X have reached agreements with the Pentagon to build facilities for processing rare earth minerals, graphite, lithium and boron

Trump to make first trip on Qatar-gifted presidential jet on July 1

The inaugural trip aboard the Boeing Co. 747-8 will take the president to a dedication ceremony for the Theodore Roosevelt Presidential Library

Watergate would be 12-hour news story today: Vance compares Trump to Nixon

Vice President JD Vance on Thursday said the Watergate scandal that brought down President Richard Nixon would have been a blip in today's news cycle, and he drew parallels between Nixon and President Donald Trump -- arguing that both were targeted by "deep state" forces. Vance described his admiration for Nixon during a conversation at the Richard Nixon Presidential Library in Yorba Linda, California. Widely expected to be a presidential contender in 2028, Vance spoke at the library while promoting his new book, "Communion." After talking about the book and his faith journey, Vance shifted to Nixon, saying the legacy of the 37th president is "enjoying a bit of a renaissance." "If Watergate happened tomorrow, it would be like a 12-hour news story. The idea that it would have taken down a presidency is crazy," Vance said. He went on: "If you look at the story of how the deep state took down Richard Nixon, it's not all that different from what the same groups of people, the same ...

Best of BS Opinion: Weather risks, state finances and Trump's economics

Today's opinions examine monsoon uncertainty, RBI's NBFC framework, worsening state finances, Donald Trump's economic approach and the future of modern feminism

US Supreme Court expands Trump's authority over immigration policies

The court handed President Trump victories in his push to rescind deportation protections for hundreds of thousands of people and turn away migrants at the southern border

Trump's state-led capitalism risks eroding established US institutions

The Republican Party, by contrast, has tacitly endorsed Mr Trump's thuggish capitalism, a model nothing like the rules-based market economy that conservatives used to endorse

US would reject Iran deal with shipping tolls on Hormuz: Trump warns Tehran

Iran sought to claim control of the strait after US and Israel launched strikes, denying passage to ships that hadn't been pre-authorised and effectively shutting down the waterway

Federal judge blocks Trump bid to require proof of citizenship for voting

A federal judge permanently blocked key provisions of Trump's election order, including a requirement for documentary proof of citizenship to vote