Effective immediately’ – Trump announces final 25% tariff on countries doing business with Iran
Former United States President Donald Trump has announced a new trade measure that places a 25 percent tariff on any country that continues to do business with Iran. The decision, which he said takes effect immediately, was made public through a post on his social media platform, Truth Social. According to Trump, any nation that […]
US court rules that most of Trump’s tariffs are illegal
A US federal appeals court has declared that most of the tariffs imposed by former President Donald Trump were illegal and exceeded his authority. The court rejected Trump’s argument that the tariffs were justified under the International Emergency Economic Powers Act (IEEPA), issuing a 7-4 ruling. Judges said the IEEPA does not give the president […]
US wants a fair trade deal with China – Trump
US President Donald Trump has stated that the US is currently negotiating trade deals with several countries, including China. Trump made it clear that his primary goal when dealing with China is to ensure that the US gets a fair trade deal. While speaking to reporters on Air Force One, Trump mentioned that he wasn’t […]
US tariffs show extreme egoism – China foreign minister
China’s Foreign Minister, Wang Yi, has spoken out against US tariffs, saying they show “extreme egoism.” He said China supports international trade rules and is against protectionism. Wang made these comments during a meeting with Central Asian foreign ministers in Kazakhstan. He said China wants to work with other countries to stand against unfair trade […]
Tariffs: Let’s fight US together – China urges Japan
China has asked Japan to work together in responding to the United States’ recent tariff moves. Chinese Premier Li Qiang sent a letter to Japan’s Prime Minister Shigeru Ishiba, urging a united stand against what he called “protectionist” policies by the US government. The letter, sent through the Chinese embassy in Japan, was reported by […]
Tariffs: Don’t strike trade deal with US at our expense – China warns countries
China has warned other countries not to make trade deals with the United States that would harm China. This warning comes as tensions grow between the two largest economies in the world. On Monday, China’s Commerce Ministry said that while China supports fair and equal discussions to solve trade problems, it will not accept any […]
Chaos within Trump’s cabinet—Senator Schumer on Elon Musk calling Navarro ‘moron’
Senator Chuck Schumer, a top Democrat from New York, has said there is a lot of confusion and disorder in President Donald Trump’s cabinet. His comments came after Elon Musk insulted one of Trump’s top advisors. Elon Musk, CEO of Tesla, reacted strongly to Trump’s trade advisor Peter Navarro. Navarro had said in an interview […]
US Tariffs: If I were you, I’ll resign as President – Bill Clinton’s ex-aide tells Trump
Lawrence Summers, who worked as Treasury Secretary during Bill Clinton’s time as President, has strongly criticized President Donald Trump’s new tariff policy. According to Summers, the big drop in the U.S. stock market on Thursday was something he had never seen before. He shared his thoughts on X (formerly Twitter), saying that if he were […]
US tariffs: Dumbest decisions as president – Senator Schumer attacks Trump
US Senator Chuck Schumer has criticized former President Donald Trump over the way he used tariffs during his time in office. Schumer, who is the Democratic leader in the Senate, said that Trump’s decisions about tariffs were among the worst he made as president. Posting on social media, Schumer questioned why Trump didn’t put tariffs […]
China urges US to immediately lift tariffs, vows retaliation
China has strongly reacted after President Donald Trump announced new tariffs on Chinese products entering the United States. This move is part of Trump’s larger plan to change US trade policies and is likely to lead to a more intense trade conflict between the two largest economies in the world. On Wednesday, Trump revealed a […]