Donald Trump

Dollar Plunges, Stocks Wobble Over Trade War Turmoil

Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump's unpredictable tariff policy rattled market confidence. Trump triggered a massive market sell-off last week by announcing universal tariffs, and this week he sparked a huge but short-lived rally by pausing higher ...

Trump Envoy Witkoff in Russia on Third Visit

Russian President Vladimir Putin will meet US envoy Steve Witkoff on Friday for talks on the Ukraine conflict, the Kremlin said, cautioning they were unlikely to reach a breakthrough. US President Donald Trump is pressing Moscow and Kyiv to end the more than three-year conflict but has failed to extract any major concessions from the Kremlin ...

Europe Vows More Arms for Ukraine as US Takes Backseat

Ukraine's European allies vowed Friday to step up weapons deliveries as support from the United States dries up under President Donald Trump. The US leader has switched Washington's focus from backing Kyiv's fight against Russia's invasion to trying to negotiate a peace deal with President Vladimir Putin to halt the war. Britain and Germany took ...

US Senate Approves Trump's Nominee for Top Military Officer

The US Senate approved Donald Trump's nominee to be the nation's top military officer on Friday after the president abruptly fired the previous chairman of the Joint Chiefs of Staff this year. Lawmakers signed off on Dan Caine's nomination and promotion to four-star general in an early morning vote of 60 to 25 ahead of a two-week recess. Trump's ...

Panama Deal Allows US to Deploy Troops to Canal

US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal seen by AFP Thursday, a major concession to President Donald Trump as he seeks to reestablish influence over the vital waterway. The agreement, signed by top security officials from both countries, allows US military personnel to deploy to ...

Dollar, Stocks Hit and Gold Hits Record as Trade War Panic Returns

The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday, while China retaliated against Donald Trump's latest tariff blitz against the world's number two economy. The US president's decision to delay crippling duties for 90 days sparked a frenzied scramble for equities that had ...

Conflicting Strategies Loom Over US-Iran Nuclear Talks in Oman

The United States and Iran are gearing up for crucial discussions concerning Iran's nuclear program, scheduled to take place in Oman on Saturday, April 12. However, these meetings are already complicated by differing approaches; President Trump advocates for direct negotiations, whereas Iranian officials are firm on pursuing indirect talks ...

Trump Claims Victory Over Europe but Acknowledges Cost of Trade War

US President Donald Trump claimed victory over Europe in the US tariffs war but acknowledged a "cost" to his surging trade offensive against superpower rival China as markets plunged again Thursday. Trump sought a victory lap at a White House cabinet meeting, saying the European Union had backed off from imposing retaliatory tariffs because of ...

Donald Trump Strikes Again

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 ...

US Congress Approves Budget, Unlocking Trillions for Trump's Agenda

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, ...

EU Pauses Tariffs as Trump Eases Trade Pressure, China Left in the Crosshairs

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 ...