Donald Trump

Trump's Tariff Pause Gives Market Relief, but China Trade War Intensifies

US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China. After days of turmoil, stocks on Wall Street and across Asia saw huge surges in reaction to Trump's announcement that he was halting a levy hike for almost all ...

Oil Price Drop: Key Factors Explained

Oil prices plunged on Wednesday due to the escalating trade war between the United States and China, with Brent crude falling below $60 per barrel for the first time in four years. At around 11:20 GMT (13:20 in Paris), the price of North Sea Brent crude for June delivery dropped by 5.52% to $59.35, briefly reaching a low of $58.47 during the ...

EU Greenlights First Set of Tariffs Hitting Back at US

The EU on Wednesday adopted its first measures hitting back at President Donald Trump's tariff onslaught, targeting more than 20 billion euros of US goods, including soybeans, motorcycles, and beauty products. The levies of up to 25 percent are retaliation for US duties on steel and aluminum imposed last month -- with Europe's response to ...

When Trump Applies the Zelensky Treatment to Netanyahu

Israeli Prime Minister Benjamin Netanyahu’s recent visit to Washington, initially expected to be a diplomatic summit reinforcing US-Israel ties, ultimately became a series of disappointments. According to several observers, including Israeli publication Haaretz, Netanyahu sought unwavering support from President Donald Trump for a hardline ...

Iran's Expanding Nuclear Programme: From 2015 Deal to Today

The United States and Iran are to hold talks in Oman on Saturday on Tehran's nuclear programme, with concerns mounting about its rapid expansion and both Washington and Israel warning of military action if discussions drag on. Tensions between Iran and the West have repeatedly flared up since Donald Trump, during his first term as US president, ...

Iran Says Open to US Investment, Against Interference

President Masoud Pezeshkian said Wednesday Iran has no objection to American investors doing business in the country but it firmly opposes any attempts at regime change or foreign interference. "The leader has no objection to the presence of American investors in the country," Pezeshkian said of supreme leader Ayatollah Ali Khamenei, in a speech ...

Japan to Sell More Rice Reserves as Prices Soar

Japan will sell more rice from its emergency stockpile through July in an attempt to stabilize soaring prices, the agricultural minister said Wednesday. After rice prices nearly doubled year-on-year, the government began auctioning its stockpile last month -- the first time since it was started in 1995. "In order to stabilize rice prices ...

Is Hezbollah Open to Discussions on the Future of Its Weapons?

A senior Hezbollah official told Reuters on Tuesday that the group “would be willing to hold talks on the future of its weapons, in particular with the President of the Republic, Joseph Aoun, provided that the Israeli army withdraws from southern Lebanon and halts its continuous airstrikes against the country.” The aforementioned official ...