)
Thailand Post, country's postal service, has stopped sending mail to United States while its transportation partners adjust to President Trump's decision to end duty exemptions for low-value imports
President Donald Trump has told House Speaker Mike Johnson that he won't be spending USD 4.9 billion in congressionally approved foreign aid, effectively cutting the budget without going through the legislative branch. Trump, who sent a letter to Johnson, R-La., on Thursday, is using what's known as a pocket rescission for the first time in nearly 50 years. That's when a president submits a request to Congress not to spend approved funds toward the end of the fiscal year, so that Congress cannot act on the request in the 45-day timeframe, and the money goes unspent as a result. The fiscal year draws to a close at the end of September. The last pocket recession was in 1977 under then-President Jimmy Carter, and the Trump administration argues that it's a legally permissible tool. But such a move, if standardised by the White House, could effectively bypass Congress on key spending choices and potentially wrest some control over spending from the House and the Senate. The letter ...
Trump on Monday threatened to slap additional tariffs on all countries with digital taxes, legislation or regulations
Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.5 per cent last month after an upwardly revised 0.4 per cent gain in June
The change broadens the Trump administration's cancellation of the de minimis exemption for packages from China and Hong Kong in May as part of an effort to halt shipments of fentanyl
Ashli Babbitt, a former Air Force and National Guard member, was shot by police as she tried to climb through a barricaded door during the Capitol riot to overturn the 2020 election
Trump has addressed the UNGA multiple times during his first term as US President from 2017 to 2021
Harvard has been the main target of Trump's efforts to force universities to crack down on antisemitism, remove perceived political bias and eliminate diversity, equity and inclusion programmes
Cook sued Thursday to block Trump's "illegal attempt," saying he's using a phony pretext that doesn't amount to sufficient "cause" to remove her from the US central bank
White House adviser Peter Navarro has accused India of funding Moscow's war through Russian oil buys, defending Trump's 50% tariffs and warning that 'the road to peace in Ukraine runs through New Del
Congressional statistics show nearly 60,000 Afghans in Afghanistan are still awaiting asylum case reviews, while more than 170,000 remain in the queue for Special Immigrant Visas (SIVs)
Russia carried out long-range strikes on Ukrainian military targets on Thursday, deploying a range of weapons including hypersonic air-launched Kinzhal missiles
Picture that emerges from interviews is that Trump willing to move quickly on some foreign policy decisions, relying more on confidants and instinct than the traditional diplomatic channels
The new tariff imposed by US President Donald Trump on Indian exports will affect the livelihood of at least 15 lakh people engaged in the fishing sector, seafood exporters' association said on Thursday. Claiming that the seafood exports to the US would halt as the Indian businessmen could not compete in the American market, as traders from Vietnam and other Asian countries are taxed at a lower rate there, said Tara Ranjan Patnaik, a member of the Seafood Exporters' Association of India. Patnaik, who is also chairman of Odisha-based Falcon Marine Exports, a leading frozen shrimp exporter, told PTI: We have already reduced production and collection of seafood, which were meant for exports to the US. The impact has already been felt in the coastal states like Odisha. It will affect the livelihood of at least 15 lakh people engaged in the fishing sector." The additional 25 per cent tariff imposed by Trump on India for the country's purchases of Russian oil came into effect on Wednesday
If someone wants 25 per cent returns, I don't see opportunities. For high single-digit or low double-digit returns, there are plenty, says Nilesh Shah of Kotak AMC in this exclusive interview.
The gunman, armed with a rifle, pistol and shotgun opened fire at the Annunciation Catholic School church in Minneapolis, killing two students and injuring 17 others
Cook filed the suit Thursday in federal court in Washington, following through on a vow to fight to finish her term that expires in 2038
AAP national convener Arvind Kejriwal on Thursday demanded that India impose higher tariffs on imports from the United States to protect the interests of Indian farmers. There was no immediate response from the central government to Kejriwal's demand. US President Donald Trump has imposed a 50 per cent trade tariff on India over its crude oil imports from Russia. The tariff will impact exports and job creation in labour-intensive sectors such as shrimp, apparel, diamonds, leather and footwear, and gems and jewellery. Addressing a press conference here, Kejriwal alleged that the BJP-led central government has decided to waive 11 per cent duty on cotton imported from the US, a move he claimed could adversely affect domestic growers. "There are lakhs of farmers in the country who depend on cotton for their livelihood. If cotton is imported duty-free, our farmers will suffer losses. Why is the government hurting them?" he asked. The former Delhi chief minister said countries across th
Top news updates: Catch all the latest news updates here
Third-party providers garner even more attention during government shutdowns when federal data aren't published