Tag: Region US
Ukraine, U.S. Sign Minerals Deal, Tying Trump to Kyiv
Trump had originally sought $500 billion in mineral wealth — around four times what the United States has contributed to Ukraine since the war. U.S. presence against ‘bad actors’ Trump has balked at offering security guarantees to Ukraine and has rejected its aspiration to join NATO. But Trump said on Wednesday that a U.S. presence on the ground would benefit Ukraine. “The American presence will, I think, keep a lot of bad actors out of the country or certainly out…
U.S. Attorneys for Southwestern Border Districts Charge More than 990 “Illegal Aliens”
Since the inauguration of President Trump, the Department of Justice is playing a critical role in Operation Take back America, a nationwide initiative to repel the invasion of illegal immigration, achieve total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN). Last week, the U.S. Attorneys for Arizona, Central…
Rubio calls US NATO allies ‘a bunch of junior partners’
The US secretary of state has urged member countries to increase defense spending US Secretary of State Marco Rubio has renewed pressure on NATO members to increase their defense contributions, describing the current arrangement within the military bloc as the US and “a bunch of junior partners.” While being part of NATO is in the US’ interests, its members must shoulder their share of the responsibilities, otherwise it’s not really an alliance, but a “dependency,” he told The Free Press…
Canada’s Role in a Shifting Global Order — with Mark Carney | Prof G Conversations
Mark Carney, Canada’s 24th Prime Minister and leader of the Liberal Party, joins Scott to discuss the country’s economic outlook, how Canada fits into a shifting global order, and whether the U.S.-Canada relationship can be repaired amid rising trade tensions.
China orders its airlines to stop accepting Boeing jets, report says
The Chinese government has told the country’s domestic airlines to stop accepting deliveries of Boeing jets as a trade war between the world’s two largest economies escalates, Bloomberg News reports.China is also instructing its carriers to stop buying airline parts and other components from U.S. companies, according to Bloomberg, which cited people familiar with the situation.Boeing didn’t immediately respond to a request for comment. The aviation giant’s shares fell $4.88, or 3%, to $154.40 in pre-market trading. The order to stop…
Trump freezes over $2bn in Harvard funding over ‘non-compliance’
The move comes after the university rejected the US administration’s request for policy changes The administration of US President Donald Trump has announced it is freezing more than more than $2.2 billion in grants and $60 million in contracts to Harvard University, after the Ivy League school rejected a list of demands from the White House. A major clash between the administration and some of the country’s top universities has been unfolding in response to how the pro-Palestinian student protests…
Why bonds, not stocks, could predict the next economic crisis in the US
United States President Donald Trump’s tariffs have roiled financial markets globally. But while Trump’s trade salvoes have sent stock markets on a rollercoaster ride, it is the turmoil in the bond markets – specifically the fall of bonds in tandem with stocks – that has prompted the most concern among economists. What are bonds? Bonds are a type of investment that involves the buyer lending money to a government or corporation for a specified period. In return for their investment,…
Did Trump really ‘exempt’ Chinese phones, chips from tariffs?
United States President Donald Trump has threatened new tariffs on Chinese electronic goods, three days after his administration announced exemptions on smartphones, laptops, flash drives and a host of other tech products from levies he has announced since April 2. Those exemptions provided relief to US tech companies reliant on Chinese manufacturing, like Apple and chip company Nvidia, which saw their stocks rise considerably after the release of Friday’s notice. Then came Monday’s announcement, which sparked criticism of Trump over…
China halts exports of critical materials amid trade war with US – NYT
China has halted exports of several critical rare earth metals and magnets amid a deepening trade war with the US, the New York Times has reported. The move follows US President Donald Trump’s decision to drastically raise tariffs on imports from China and other countries earlier this month.
China adds 12 US entities to export control list, adds 6 US firms to unreliable entity list
China’s Ministry of Commence (MOFCOM) said on Wednesday that it has added 12 US entities to the export control list. In order to safeguard national security and interests and fulfill international obligations such as non-proliferation, in accordance with the relevant provisions of the Export Control Law of China and the regulations on export control of dual-use items, the MOFCOM issued an announcement to include 12 US entities in the export control list and prohibit the export of dual-use items to…
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all products imported from the U.S. on Friday, escalating the trade war between the world’s two biggest economies. The move came two days after President Donald Trump imposed the same tariff on all Chinese imports as part of what he called reciprocal tariffs on a long list of U.S. trade partners. Combined with 20% in other levies that Trump has imposed on Chinese goods since returning to office in January, the total U.S. tariff…
Jeep & Chrysler parent Stellantis lays off 900 US workers as tariffs bite
In sum:
Stellantis pauses production in Mexico and Canada due to tariffs
Automakers face 25% import tax on imported autos
UAW criticizes Stellantis for unnecessary layoffs
US automaker shares fall sharply
Musk’s father says Tesla tycoon admires Putin
Errol Musk says his family looks up to the Russian leader for his calm leadership and logical speeches Errol Musk has said that his son Elon and their family admire Russian President Vladimir Putin. Speaking to the BBC in an interview, the billionaire’s father described the head of state as a “strong leader” and praised his speeches as logical. Elon Musk, CEO of Tesla and SpaceX, also leads the US Department of Government Efficiency (DOGE) as part of US President…
Loomer’s relationship with Trump: 3 National Security staff fired
Far-right activist and conspiracy theorist Laura Loomer reportedly made sure three National Security Council staff members were fired, as Loomer considered them disloyal. She communicated this opinion to Donald Trump in a brief White House meeting Wednesday. Laura Loomer is not a new name in MAGA circle. She was frequently seen with the president ahead of the election. Her extreme statements against Kamala Harris spelt trouble for the Donald Trump campaign and she was apparently sidelined, but the three recent…
China’s response to US tariff announcement: Breach of WTO rules, countermeasures will follow
Chinese Foreign Ministry Spokesperson slammed US’ “reciprocal tariffs,” saying the US’ move seriously violates WTO rules and undermines the rules-based multilateral trading system. “China strongly opposes the US’ move and will resolutely take countermeasures to safeguard its legitimate interests,” Guo said, responding to a question over the US’ “reciprocal tariffs” on its major trade partners, including 34 percent on China. The Chinese side has repeatedly stressed that there is no winner in trade war and that protectionism leads nowhere, the spokesperson said. “China urges the US to immediately correct its wrongdoings and resolve trade disputes with China and other countries through equal, respectful, and mutually beneficial dialogue.”
In Texas, ‘water is the new oil’ as cities square off over aquifers that may soon dry out
In Central Texas, a bitter fight over a $1 billion water project offers a preview of the future for much of the state as decades of rapid growth push past the local limits of its most vital natural resource. On one side: Georgetown, the fastest growing city in America for three years straight, which in 2023 signed a contract with an investor-funded enterprise to quickly begin importing vast volumes of water from the Simsboro Formation of the Carrizo Wilcox Aquifer,…
