Donald Trump

US Tariffs on Chinese Goods to Climb to 104% as Trade Tensions Escalate
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US Tariffs on Chinese Goods to Climb to 104% as Trade Tensions Escalate

Trump vowed a further 50% tariff hike on Chinese goods if Beijing hits back. Additional US tariffs on Chinese imports are set to reach 104 percent on Wednesday, the White House told AFP, as Washington doubles down on planned action after Beijing vowed a "fight to the end" on levies. US President Donald Trump had vowed a further 50 percent tariff on goods from China if Beijing did not retract upcoming retaliation -- and the White House confirmed that Trump will proceed with this action, taking
News China
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Trump says he’s not backing down on tariffs
Evan Vucci/AP

Trump says he’s not backing down on tariffs

President Donald Trump said that he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S., digging in on his plans to implement the taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. Speaking to reporters aboard Air Force One, Trump said he didn’t want global markets to fall, but also that he wasn’t concerned about the massive sell-off either, adding, “sometime
Politics Donald Trump
Brandon Marshall

Brandon Marshall
‘Hands Off’ Movement Fuels Widespread Anti-Trump Protests Across the US
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‘Hands Off’ Movement Fuels Widespread Anti-Trump Protests Across the US

Crowds of protesters have gathered in cities across the US to denounce President Trump, in the largest nationwide show of opposition since the president took office in January. The "Hands Off" protest planners aimed to hold rallies in 1,200 locations, including in all 50 US states. Thousands of people turned out in Boston, Chicago, Los Angeles, New York and Washington DC, among other cities, on Saturday. Protesters cited grievances with Trump's agenda ranging from social to economic issues. C
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TikTok Races Against Deadline to Avoid U.S. Ban
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TikTok Races Against Deadline to Avoid U.S. Ban

TikTok on Friday was hours from a deadline to find a non-Chinese owner or face a ban in the United States. The hugely popular video-sharing app, which has more than 170 million American users, is under threat from a US law that passed overwhelmingly last year and orders TikTok to split from its Chinese owner ByteDance or get shut down in the United States. US President Donald Trump on Thursday said his administration was “very close” to a deal to find a buyer for TikTok, adding that it involve
Technology ByteDance
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US Stocks Suffer Worst Week Since COVID Crash
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US Stocks Suffer Worst Week Since COVID Crash

Global markets plunged on Friday, as China hit back at tariffs announced by US President Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. All three major stock indexes in the US plunged more than 5%, with the S&P 500 dropping almost 6%, capping the worst week for the US stock market since 2020. In the UK, the FTSE 100 plunged almost 5% - its steepest fall in five years, while Asian markets also dropped and exchanges in Germany and France faced sim
Business China
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Trump Announces Sweeping Tariffs on China, EU, and Other Nations
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Trump Announces Sweeping Tariffs on China, EU, and Other Nations

US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order, are expected to send economic shockwaves around the world. But the US president believes they are necessary to address trading imbalances and to protect American jobs and manufacturing. Here are the basic elements of the plan. 10% baseline tariff In a background call before T
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Trump’s DOJ directs prosecutors to seek death penalty for UnitedHealthcare killing suspect Luigi Mangione
Luigi Mangione

Trump’s DOJ directs prosecutors to seek death penalty for UnitedHealthcare killing suspect Luigi Mangione

U.S. Attorney General Pam Bondi announced on Tuesday that she has instructed federal prosecutors to pursue the death penalty against Luigi Mangione, the man accused of fatally shooting UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel on December 4. Mangione, 26, is facing both federal and state murder charges for the killing. The federal charges include murder with a firearm, which opens the possibility of the death penalty. Bondi called the murder of Brian Thompson, a father of t
Politics Donald Trump
Brandon Marshall

Brandon Marshall
Three big unknowns ahead of Trump's 'Liberation Day' tariffs
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Three big unknowns ahead of Trump's 'Liberation Day' tariffs

Donald Trump says tariffs are coming. That message from the US president has been consistent. But what tariffs and when? The announcements of the new import taxes have come so thick and fast since he took office that it can be hard to keep track. Trump has already raised duties on Chinese imports, steel, aluminium and some goods from Canada and Mexico. Higher levies on cars are due to go into effect this week. We're now waiting for Trump to unveil the details of his plan for a wider set of ta
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