This is Beirut - donald trump

Senate Republicans Move Forward with Trump Tax Cuts

This is Beirut, 05/04 16:37 - Reading : 3 minute(s)

Donald Trump Republicans Democrats US Congress USA

US senators on Saturday approved a budget blueprint unlocking trillions of dollars for sweeping tax cuts promised by President Donald Trump, despite bitter infighting among the majority Republicans over the savings that will be needed to fund them. Working deep into the night, lawmakers voted 51-48, mostly along party lines, to approve the ...

Trump's Global Tariff Takes effect in Dramatic US Trade shift

This is Beirut, 05/04 11:20 - Reading : 3 minute(s)

United States Donald Trump China Tariffs

President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy. A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic ...

Defiant Trump Dismisses Stock Market’s Tariff Plunge

This is Beirut, 05/04 05:20 - Reading : 2 minute(s)

United States Donald Trump Tariffs Economy

President Donald Trump goaded China on Friday after the United States' chief economic rival retaliated against his tariffs, and he dismissed falling stock markets over the growing global trade war, touting it as a chance to "get rich." "China played it wrong, they panicked -- the one thing they cannot afford to do!" Trump ...

France Advises Lebanon to Engage in Negotiations with Israel

This is Beirut, 04/04 17:05 - Reading : 1 minute(s)

Israel Donald Trump USA Lebanon Morgan Ortagus

France has advised Lebanese officials to respond positively to US calls for negotiations with Israel on the prisoners’ issue, Israel’s withdrawal from five strategic positions it occupies in South Lebanon, the settlement of disputed border points and the demarcation of the land border. According to Western diplomatic sources, France conveyed ...

Where Things Stand in The US-China Trade War

This is Beirut, 04/04 15:55 - Reading : 5 minute(s)

Donald Trump United States Tariffs China economic war

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. AFP looks at how an escalating trade war between the United States and China is playing out—and what impact it might have. Why is China so vulnerable to tariffs? Trade between the world's two largest ...

Trump Sued Over Emergency Powers to Impose Tariffs on China

This is Beirut, 04/04 15:20 - Reading : 1 minute(s)

Donald Trump USA China Tariffs

A nonprofit group sued US President Donald Trump and his administration on Thursday over alleged misuse of emergency powers to impose tariffs on all imports from China earlier this year. The lawsuit disputed the legality of Trump's executive order from February 1, not the broader set of tariffs announced on Wednesday that also target a number of ...

China Says to Slap Extra 34% Tariffs on US Imports

This is Beirut, 04/04 14:15 - Reading : 1 minute(s)

Donald Trump USA China Tariffs economic war

China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...

Europe Markets Extend Losses After Tariff Rout

This is Beirut, 04/04 10:25 - Reading : less than a minute

Europe Donald Trump Banks Covid-19 European Union

European equities opened in the red on Friday, extending losses after US President Donald Trump's tariff offensive sparked a global stock market rout. Paris shed 0.9 percent to 7,533.26 points, Frankfurt fell 0.7 percent to 21,566.33 and London also dropped 0.7 percent to 8,416.32. Trump's harsher-than-expected "Liberation Day" levies sent ...

US National Security Agency Chief Fired: US Media

This is Beirut, 04/04 10:00 - Reading : 2 minute(s)

Donald Trump USA National Security Timothy Haugh

The head of the secretive US intelligence body, the National Security Agency (NSA), was fired Thursday, US media reported. The Washington Post cited US officials who said General Timothy Haugh was fired after little over a year in the job. The officials did not give a reason for Haugh's removal, The Post added. Haugh was also serving as head of ...

US Strategy on Iran: A Call for 'Maximum-Pressure Approach' Amid Rising Tensions

Amal Chmouny, 04/04 10:00 - Reading : 5 minute(s)

USA Iran United States Donald Trump

As tensions in the Middle East escalate, US officials are increasingly advocating for a robust response to the dual challenges posed by Iran: its pursuit of nuclear weapons and its sophisticated military capabilities. This strategy emphasizes the urgent need for a comprehensive approach to address these complexities and leverage recent setbacks ...

Trump's New Tariffs: A Storm Brewing in Troubled Waters

Christiane Tager, 04/04 09:30 - Reading : 5 minute(s)

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President Donald Trump's recent decision to impose historic tariffs on 185 countries and territories, announced on Thursday, has reverberated across the global economy. The repercussions of these tariffs will be felt worldwide, with Arab countries being especially impacted. Among the hardest-hit nations are Syria, Iraq, Libya, Algeria and Tunisia, ...

Russian Envoy Seeks Cooperation With US at Landmark Washington Talks

This is Beirut, 04/04 05:10 - Reading : 2 minute(s)

United States Russia Washington Donald Trump Vladimir Putin

The most senior Russian official to visit Washington since the start of the Ukraine war said Thursday he had discussed potential cooperation with the United States in the Arctic and on rare earth metals but acknowledged that "disagreements" remain. Kirill Dmitriev, head of Russia's sovereign wealth fund and President Vladimir ...

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