Christiane Tager, 10/04 21:35 - Reading : 4 minute(s)
Donald Trump Europe United States China Tarifs
After 15 hours of market instability, US President Donald Trump put the brakes on his tariff measures. But China remains firmly in the crosshairs of the US president, now facing increased tariffs. Why such a rapid backpedal? Here’s a breakdown of this "pause on tariffs that lasted barely the blink of an eye." On Wednesday morning, global ...
This is Beirut, 10/04 19:03 - Reading : 3 minute(s)
Mike Johnson John Thune Republicans Congress Donald Trump
The Republican-led US Congress adopted a budget Thursday that unlocks trillions of dollars for President Donald Trump's agenda, jump-starting what Democrats say is a plan to dismantle social welfare in favor of tax cuts for the rich. House Speaker Mike Johnson said the blueprint would deliver on promises Trump made in his election campaign, ...
This is Beirut, 10/04 18:00 - Reading : 4 minute(s)
Donald Trump European Union China Tariffs
The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher US duties on the bloc and other countries, leaving China in the crosshairs of his trade war. Trump's about-face on Wednesday triggered a massive market rebound, but Wall Street's rally fizzled on Thursday, and the dollar slumped ...
This is Beirut, 10/04 17:30 - Reading : 1 minute(s)
US President Donald Trump's 10 percent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said onThursday. A day earlier, Trump announced a 90-day pause on higher tariffs against all countries except China, reversing a policy that had roiled global stock markets and ...
This is Beirut, 10/04 15:05 - Reading : 4 minute(s)
USA Donald Trump US Secretary of State Ukraine
A Los Angeles-based ballet dancer released by Russia as part of a prisoner swap landed safely in the United States Thursday night, the second swap under President Donald Trump as Moscow and Washington push to rebuild ties. Ksenia Karelina, a US-Russian dual national convicted in Russia of "treason" over a one-time donation worth around ...
This is Beirut, 10/04 13:55 - Reading : less than a minute
The US dollar plunged against the euro and other main rivals again on Thursday after President Donald Trump abruptly paused higher tariffs on all countries except China, adding to investor uncertainty. The greenback lost over one percent against the European single currency, as markets also expected data later in the day to show US inflation ...
This is Beirut, 10/04 13:50 - Reading : less than a minute
Donald Trump European Union USA
EU chief Ursula von der Leyen said Thursday the bloc will suspend a planned package of tariffs on US goods "to give negotiations a chance" after President Donald Trump's U-turn on massive duties. "While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for ...
This is Beirut, 10/04 11:15 - Reading : 2 minute(s)
USA Donald Trump Ukraine United States Washington
US and Russian delegations met in Istanbul on Thursday for talks on restoring the functioning of their embassies, which drastically scaled back staffing following Moscow's invasion of Ukraine. The talks, the second of their kind, come after President Donald Trump reached out to Russia following the start of his second term and offered better ties ...
Christiane Tager, 10/04 11:00 - Reading : 5 minute(s)
Lebanon China Donald Trump Tarifs
American president Donald Trump announced on Wednesday that he would suspend his “reciprocal” customs surtaxes for 90 days. However, this decision does not apply to China. With the new American customs duties taking effect — reaching an impressive 104% for certain Chinese products — many American companies that have long relied on China to ...
This is Beirut, 10/04 10:25 - Reading : 4 minute(s)
USA Donald Trump Hegseth Mulino Panama Canal
US Defense Secretary Pete Hegseth floated the idea on Wednesday of US troops returning to Panama to "secure" its strategically vital canal, a suggestion quickly shot down by the Central American country's government. Hegseth suggested during a visit to Panama that "by invitation" the United States could "revive" military bases or naval air ...
This is Beirut, 10/04 10:05 - Reading : 1 minute(s)
USA Donald Trump United Nations United States Washington
The United States has backtracked on emergency food aid cuts it announced for 14 countries, restoring assistance to six of them, the UN's World Food Program said Wednesday. The UN agency, already struggling with financing woes, said Monday that the United States advised it Washington was eliminating emergency food aid to those 14 poor and ...
This is Beirut, 10/04 10:00 - Reading : 3 minute(s)
USA Donald Trump New York US Congress
The former Facebook employee behind a scathing book about parent company Meta on Wednesday alleged that the social networking giant collaborated with the Chinese government on artificial intelligence, censorship and more, then lied to Congress about what it was doing. Former global policy director Sarah Wynn-Williams, who worked at the company ...