United States

Protection Racket? Asian Semiconductor Giants Fear Looming Tariffs

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing. Last month, Washington announced a national security probe into imports of semiconductor technology, which could put the industry in the crosshairs ...

Saudis Invest Big in US Weapons, AI as Trump Basks in Welcome

Saudi Arabia on Tuesday promised billions of dollars in deals with the United States, from defense to artificial intelligence, as it threw a lavish welcome for President Donald Trump on the first state visit of his second term. Trump returned the favor by lavishing praise on the kingdom's crown prince and moving on a key Saudi policy request ...

Trump Pledges Support for a Peaceful and Prosperous Future in Lebanon

United States President Donald Trump declared on Tuesday that Lebanon has fallen victim to Hezbollah and Iran, accusing the militant group of having “plundered the state” and brought suffering to the Lebanese people. Speaking at the US-Saudi Investment Forum in Riyadh, Trump dedicated part of his speech to addressing the situation in Lebanon. ...

President Aoun and PM Salam Welcome US Decision to Lift Sanctions on Syria

President Joseph Aoun and Prime Minister Nawaf Salam welcomed the decision by United States President Donald Trump to lift sanctions on Syria, calling it a crucial development. President Aoun attributed it to the “valued efforts” of Saudi Crown Prince Mohammad bin Salman. “I welcome President Donald Trump’s announcement of lifting the ...

Trump Set to Meet Syrian Leader Ahead of Qatar Visit

Donald Trump is set to meet the leader of Syria and the heads of the Gulf states Wednesday in Riyadh before travelling to Qatar where controversy is swirling over the gifting of a luxury aircraft. The US president was set to "say hello" to Syria's new leader Ahmed al-Sharaa during his last day in Riyadh, after vowing to remove sanctions against ...

Donald Trump Hails a "Tremendous Relationship" with MBS

U.S. President Donald Trump began his Gulf tour on Tuesday with a high-profile visit to Saudi Arabia, marking the first stop in a regional trip focused on strengthening economic and strategic ties. During a meeting at the royal palace with Saudi Crown Prince Mohammed bin Salman, Trump described him as a “friend” and praised the “tremendous ...

US and Saudi Arabia Ink Massive $142 Billion Arms Deal

The US and Saudi Arabia signed a mammoth arms deal Tuesday that the White House called the largest "in history" amid a raft of agreements inked by Donald Trump and Saudi Crown Prince Mohammed bin Salman in Riyadh. "The United States and Saudi Arabia signed the largest defense sales agreement in history -- nearly $142 billion, providing Saudi ...

US, China Agree to Slash Tariffs in Trade War De-Escalation

The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, an outcome President Donald Trump dubbed a "total reset," as he said that talks with counterpart Xi Jinping could soon follow. After the first meetings between Washington and Beijing since Trump ratcheted up his trade war, ...