The European Union, Britain and other countries have adopted the 15 per cent global corporate minimum tax, but the US Congress never approved measures to bring the US into compliance with it
Trump also said that North Atlantic Treaty Organisation, or Nato countries must pay 5 per cent of their GDP for its defence budget
Failed Republican presidential candidate Vivek Ramaswamy was a co-chair but has left to run for elected office, Trump spokesperson Anna Kelly said
Elon Musk has been accused of making a Nazi-like gesture during Trump's inauguration celebration, sparking controversy and drawing mixed reactions from critics and supporters
Brent crude futures were down $1.52, or 1.9 per cent, at $78.63 per barrel at 1406 GMT. US West Texas Intermediate crude futures were down by $2.14, or 2.8 per cent, at $75.74
But Chinese manufacturers bucked the trend, with stocks opening higher after Trump did not target China in his inauguration speech or immediately impose tariffs
US Customs and Border Protection announced Monday that the CBP One app that worked as recently as that morning would no longer be used to admit migrants
Donald Trump was sworn in as the 47th US President, marking his second non-consecutive term. Here are the top takeaways from his inauguration, including historic firsts and controversial decisions
The pardons were expected after Trump's yearslong campaign to rewrite the history of the January 6 attack that left more than 100 police officers injured and threatened the peaceful transfer of power
The day's pomp and unusual circumstances made for a lot of close-up encounters between political combatants, some awkward, some not
Trump has been threatening to impose sweeping tariffs on Canada, Mexico and other trading partners
The interior secretary will review wind leasing and permitting practices for federal waters and lands
The global health body stands to lose hundreds of millions of dollars in funding following Trump's order
It was not immediately clear how much assistance would initially be affected by the order as funding for many programmes has already been appropriated by Congress
Chinese hackers are burrowing into the networks of major critical US infrastructure, including energy grids, water treatment plants and transportation networks
The popular video sharing app went dark on January 18, but it restored its services after Trump promised to extend its deadline a day later
TikTok's China-based parent ByteDance was supposed to find a US buyer or be banned on January 19. Trump's order could give ByteDance more time to find a buyer
Executive orders allow a president to wield power without action from Congress. But there are also limits to what the orders can achieve
The president is also expected to direct the Interior Department to swiftly develop a new plan for selling offshore drilling rights on Monday
They included claims about immigration, the economy, electric vehicles and the Panama Canal