This is Beirut, 08/04 16:00 - Reading : 3 minute(s)
European Union USA Donald Trump Tariffs
The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday. The proposed tariffs –drawn up since President Donald Trump's duties on steel and aluminum took effect last month –aim to show EU ...
This is Beirut, 08/04 09:40 - Reading : 2 minute(s)
Donald Trump Israel Turkey Syria
US President Donald Trump on Monday touted himself as a mediator between Israel and Turkey in their struggle over politically fragile Syria, where both countries are jostling for influence. Trump, speaking alongside key ally Israeli Prime Minister Benjamin Netanyahu at the White House, touted his "great relations" with Turkish leader Recep Tayyip ...
This is Beirut, 08/04 09:15 - Reading : 6 minute(s)
Donald Trump China Beijing Tariffs
China vowed on Tuesday to "fight to the end" against fresh tariffs of 50 percent threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets. Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession but has ruled out any ...
This is Beirut, 08/04 08:30 - Reading : 3 minute(s)
Benjamin Netanyahu Donald Trump United States Israel
President Donald Trump said the United States was starting direct, high-level talks with Iran over its nuclear program on Saturday, in a shock announcement during a White House meeting with Israeli Prime Minister Benjamin Netanyahu. Speaking Monday in the Oval Office, Trump said he was hopeful of reaching a deal with Tehran, but warned that the ...
This is Beirut, 08/04 04:40 - Reading : 2 minute(s)
United States Israel Donald Trump Benjamin Netanyahou Gaza
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said Monday that new negotiations were in the works aimed at getting more hostages released from Hamas captivity in Gaza. "We're working now on another deal that we hope will succeed, and we're committed to getting all the hostages out," Netanyahu told reporters in the Oval ...
Christiane Tager, 07/04 22:50 - Reading : 6 minute(s)
Donald Trump global markets stock exchange dollars
The rollout of new tariffs under Donald Trump's leadership has been enough to trigger what many are now calling an economic apocalypse. Global financial markets began tumbling as early as Friday, and it has only deepened this Monday. The Paris stock exchange has already wiped out all its gains for the year, opening down 6.46%, while London’s ...
This is Beirut, 07/04 20:50 - Reading : 3 minute(s)
World Trade Organization United States Donald Trump
Often referred to as the "global trade police," the WTO is actually bound hand and foot by its members, with Washington's actions especially leaving it all but powerless against the protectionist wave washing over the globe. A number of countries have begun filing complaints with the World Trade Organization, charging that the steep ...
This is Beirut, 07/04 20:02 - Reading : 2 minute(s)
Donald Trump USA United States Washington
US President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans, adding that Washington would begin talks with other countries that want negotiations. The fresh action would stack on an already steep US rate taking effect Wednesday, the White House told AFP, bringing ...
This is Beirut, 07/04 15:35 - Reading : less than a minute
Donald Trump European Union USA Global economy Tariffs
Global markets are reeling from Donald Trump's trade war and Chinese retaliation, causing serious concerns for the global economy. After two days of decline, the European stock markets plunged to an all-time low, with indices such as the DAX and CAC 40 sharply down. In Asia, markets suffered a “Black Monday,” with Hong Kong recording its worst ...
This is Beirut, 07/04 10:45 - Reading : 2 minute(s)
Donald Trump United States USA
A top Chinese official has vowed to protect US firms and pledged his country will remain a "promising land" for foreign investment, Beijing said Monday, after it slapped 34 percent tariffs on US imports. China retaliated last week against levies at the same level announced by US President Donald Trump on what he called "liberation day". It also ...
This is Beirut, 07/04 10:30 - Reading : 4 minute(s)
New York Music AI Donald Trump Art
The music industry is fighting on multiple fronts—through streaming platforms, in the courts, and with lawmakers—to prevent the looting and misuse of its content by generative artificial intelligence (AI). But the results so far remain underwhelming. 75,000. That’s the number of deepfakes that Sony Music says it has already requested to be ...
This is Beirut, 07/04 10:15 - Reading : 6 minute(s)
Donald Trump United States Tariffs China Asia
Asian equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills, with Hong Kong's loss of 12 percent its worst in more than 16 years, while Taipei ...