Page 586 - World News

Trump tariffs risk delaying big tech's AI data centre projects, spending

Trump and technology executives have touted lofty plans by Oracle, SoftBank and others to invest heavily in artificial intelligence since his return to the White House earlier this year

Operation over, patient healing: Trump defends reciprocal tariffs

Trump's tariff salvo has also reignited the fears of a global recession, as well as inflation in the US

Several National Security Council officials fired from White House : Report

It's not clear exactly why the officials were let go or if their firing is permanent. But two of the sources said several were told there were issues with their vetting their background

US Senators brings bill to limit Trump's tariff power, needs Cong approval

Congress would need to pass a joint resolution of approval on the new tariff within 60 days. Otherwise all new tariffs on imports would expire

France's Prez Macron calls for suspension of investment in US after tariffs

The comments come weeks after French shipping firm CMA CGM announced plans to invest $20 billion in the US to build shipping logistics and terminals

Volkswagen to introduce 'import fee' on cars hit by 25% tariffs: Report

Trump's 25 per cent auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually

US weekly unemployment claims fall to 219,000 ahead of tariffs storm

President Donald Trump on Wednesday unveiled a 10 per cent minimum tariff on most goods imported to the United States, sparking threats of retaliation and rattling global financial markets

Volvo Cars CEO vows to produce more cars in US as Trump announces tariffs

European companies are scrambling to find solutions as President Donald Trump's 25 per cent duties on foreign cars became effective

Fitch cuts China credit rating on debt risks amid trade tensions

The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit

US trade deficit narrows 6.1% in Feb, levels of import remains high

Imports of services increased $0.5 billion to a record high $72.2 billion. There were increases in travel services and charges for the use of intellectual property

From GATT to WTO: How Trump's tariffs are pushing global trade rules

Trump's new reciprocal tariffs raise concerns over WTO limits, trade law violations, and the future of global tariff rules

'Protectionism leads nowhere': China on US tariffs; vows countermeasures

Trump announced reciprocal tariffs on Chinese imports on Wednesday as part of sweeping measures aimed at reshaping American trade policy

Oil prices plunge 6% after Trump tariffs, OPEC+ speeds up output hikes

Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries

Auto tariff to cost US consumers more than $30 bn in first year: Report

Consultancy firm Anderson Economic Group said in a report on Thursday that 25 per cent tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car

TikTok faces fine over $553 million for illegally shipping EU data to China

Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month

EU Council President urges faster trade deals with India amid US tariffs

European Council President Antonio Costa voiced full support for the EU Commission's ongoing trade negotiations with the US and highlighted the role of trade in global prosperity

No love in China? US bans diplomats from dating Chinese nationals

The US has banned diplomats in China from romantic or sexual relationships with Chinese citizens, citing security concerns, in a policy reminiscent of Cold War-era restrictions

Watch: SpaceX Fram2 astronauts become first to orbit over Earth's poles

SpaceX's Fram2 mission makes history as the first crewed flight to orbit over Earth's poles, capturing stunning images and video of the Arctic and Antarctic

Explained: What are tariffs, who pays them, and how will US enforce them

US President Donald Trump has imposed a 10 per cent baseline tariff on all imports and reciprocal tariffs on individual countries. Here's an explainer on how tariffs work and what they mean for India

Trump's tariffs aim for wealth, but will US consumers foot higher bills?

New tariffs on cars, electronics, and essentials could drive up costs for Americans, raising concerns over whether Trump's economic strategy will burden consumers more than benefit them