As the July 8 deadline for US President Donald Trump’s tariff pause draws closer, uncertainty over what will happen next has increased significantly.
India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American companies do at home
However, the court's 6-3 ruling authored by conservative Justice Amy Coney Barrett did not let Trump's policy go into effect immediately and did not address the policy's legality
Asked if the mid-July deadline was set in stone, Trump suggested he could even shorten the timeline for trading partners seeking deals
By attacking Iran, President Trump has shown he is willing to engage in a distant war. This raises questions in Beijing about what he might risk for Taiwan
Trump said he was confident Tehran would not try to rebuild its nuclear sites and would instead pursue a diplomatic path towards reconciliation
If the United States bombs an underground uranium enrichment facility in Iran or kills the country's supreme leader, it could kick off a more dangerous and unpredictable phase in the war
President Donald Trump on Thursday signed an executive order to keep TikTok running in the US for another 90 days to give his administration more time to broker a deal to bring the social media platform under American ownership. It is the third time Trump has extended the deadline. The first one was through an executive order on Jan 20, his first day in office, after the platform went dark briefly when a national ban approved by Congress and upheld by the US Supreme Court took effect. The second was in April when White House officials believed they were nearing a deal to spin off TikTok into a new company with US ownership that fell apart after China backed out following Trump's tariff announcement. It is not clear how many times Trump can or will keep extending the ban as the government continues to try to negotiate a deal for TikTok, which is owned by China's ByteDance. While there is no clear legal basis for the extensions, so far there have been no legal challenges to fight .
Under the deal terms, Nippon bought 100% of US Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known but struggling steelmaker
The updated Dietary Guidelines for Americans, which could be released as early as this month, are expected to include a brief statement encouraging Americans to drink in moderation
The court, in a 6-3 ruling powered by its conservative justices, decided that the ban does not violate the US
The US economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst. As the Fed considers its next moves during a two-day meeting this week, most economic data looks solid: Inflation has been steadily fading, while the unemployment rate is still a historically low 4.2%. Yet President Donald Trump's widespread tariffs may push inflation higher in the coming months, while also possibly slowing growth. With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%. Officials will also release a set of quarterly economic projections that are expected to show inflation will accelerate later this year, while unemployment my also tick up a bit. The projections may also signal that the Fed will cut its key rate twice later this year, economists say. The prospect of higher inflation would typically lead the Fed to keep rates unchanged or even raise them, while rising unemployme
In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America's military role abroad and embarking on a more expansive trade war
The Trump administration sued New York state Thursday over a law that blocks immigration officials from arresting people at New York courthouses, saying it purposely shields dangerous criminals. The lawsuit in New York's Northern District is the latest in a series of legal actions targeting state or local policies the administration says interfere with immigration enforcement, authorities said. Lawless sanctuary city policies are the root cause of the violence that Americans have seen in California, and New York State is similarly employing sanctuary city policies to prevent illegal aliens from apprehension, US Attorney General Pamela Bondi said in a news release. New York's 2020 Protect Our Courts Act bans federal immigration officials from arresting people who are coming and going from courthouses or in court for proceedings unless they have a warrant signed by a judge. Democratic state Sen Brad Hoylman, the bill's sponsor, said at the time the legislation was a rebuke to the fir
Concern about a strike and the prospect of retaliation led the United States to withdraw diplomats from Iraq and authorize the voluntary departure of U.S. military family members from the Middle East
The Trump administration deployed thousands of National Guard troops in recent days to respond to protests in Los Angeles, over the objections of state and city officials
Disinformation spreading on social media platforms has stoked an already tense situation
Congress MP Shashi Tharoor has said that to suggest one can mediate between two unequals is not possible because there is no equivalence between terrorists and their victims, amid repeated claims by US President Donald Trump that he "helped settle" the tensions between India and Pakistan. Tharoor, currently in the US leading a multi-party delegation on Operation Sindoor, made the comments in response to a question during a conversation at the Council on Foreign Relations here Thursday. "Mediation is not a term that we are particularly willing to entertain. I'll tell you why not. The fact is that this implies, even when you say things like broker or whatever, you're implying an equivalence which simply doesn't exist," Tharoor said. He said there is no equivalence between terrorists and their victims. "There is no equivalence between a country that provides safe haven to terrorism, and a country that's a flourishing multi-party democracy that's trying to get on with its business," he
Most U.S. allies at NATO endorse President Donald Trump's demand that they invest 5% of gross domestic product on their defense needs and are ready to ramp up security spending even more, NATO Secretary-General Mark Rutte said Thursday. There's broad support, Rutte told reporters after chairing a meeting of NATO defense ministers at the alliance's Brussels headquarters. We are really close, he said, and added that he has total confidence that we will get there by the next NATO summit in three weeks. European allies and Canada have already been investing heavily in their armed forces, as well as on weapons and ammunition, since Russia launched a full-scale invasion of Ukraine in 2022. At the same time, some have balked at U.S. demands to invest 5% of GDP on defense 3.5% on core military spending and 1.5% on the roads, bridges, airfields and sea ports needed to deploy armies more quickly. Still struggling to meet the old goal: In 2023, as Russia's full-scale war on Ukraine entered i
At least five people, including a one-year-old child, were killed in a Russian drone strike on the northern Ukrainian city of Pryluky overnight, regional governor Viacheslav Chaus said on Thursday. Six more people were wounded in the attack and have been hospitalised, Chaus said. According to him, six Shahed-type drones struck residential areas of Pryluky early Thursday morning, causing severe damage to residential buildings. Hours later, 17 people were wounded in a Russian drone strike on the eastern Ukrainian city of Kharkiv early Thursday, including children, a pregnant woman, and a 93-year-old woman, regional head Oleh Syniehubov wrote on Telegram. At around 1.05 am, Shahed-type drones struck two apartment buildings in the city's Slobidskyi district, causing fires and destroying several private vehicles. "By launching attacks while people sleep in their homes, the enemy once again confirms its tactic of insidious terror," Syniehubov wrote on Telegram.