Tag: Donald Trump

featured Investment

Pentagon to cut ties with Harvard over ‘woke’ claims

The Pentagon has announced it will cut all academic ties with Harvard University. This includes ending military education programs, fellowships, and certificate courses. The decision was detailed in a statement released on Friday. The move forms part of the Trump administration’s ongoing conflict with Harvard. AFP reported that officials accused the Ivy League institution of […]

Helth

Trump launches TrumpRx website for discounted drugs in US

United States President Donald Trump on Thursday unveiled the TrumpRx.gov website, a self-branded platform designed to help consumers access discounted prescription drugs directly from pharmaceutical companies. The website will act as a central hub, directing users to drugmakers’ direct-to-consumer sites where they can obtain medications at reduced prices. The launch took place during an event […]

Travel

Trump: Canada, France show solidarity with new Greenland consulates

Canada and France will open consulates in Nuuk, the capital of Greenland, on Friday. The move serves as a strong demonstration of support for the local Greenlandic government amid ongoing pressure from United States President Donald Trump. Since returning to the White House last year, Trump has repeatedly insisted that Washington needs to control the […]

Economy

Trump approves temporary renewal of key US-Africa trade deal

The United States on Tuesday renewed the African Growth and Opportunity Act through the end of the year. This agreement allows many African countries to access the US market duty-free. US Trade Representative Jamieson Greer said in a statement that President Donald Trump had signed into law a reauthorization of the trade preference program through […]

News

US govt enters partial shutdown amid funding deal delay

The United States government entered a partial shutdown on Saturday (Jan. 31) as it awaited House approval of a funding deal President Donald Trump reached with Democrats, following nationwide outrage over the killing of a US citizen by Border Patrol agents in Minneapolis. The shutdown is expected to be brief, with the House returning from […]

India seeks to keep US trade talks on track despite tariff hike
Policy and Regulations

Trump imposes tariffs threat on nations selling oil to Cuba

United States President Donald Trump signed an executive order on Thursday that threatens to impose additional tariffs on countries selling oil to Cuba. The move significantly increases economic pressure on the communist-led island nation. The executive order, released by the White House, states in part: “An additional ad valorem (estimated value) duty may be imposed […]

Opinion

UK risks danger by dealing with China, Trump warns

United States President Donald Trump has described it as “very dangerous” for Britain, a close ally, to engage in business dealings with China. Trump made the comment on Thursday while speaking to reporters at the premiere of a documentary about his wife, First Lady Melania Trump. When asked about Britain “getting into business” with China […]

Crude oil
Oil and Gas

Brent crude surges past $70 after Trump’s Iran threat

Brent crude oil topped $70 a barrel Thursday for the first time since September as United States President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals the Brent North Sea crude contract, an international benchmark, jumped 2.4 per cent to $70.06 a barrel. The US benchmark West […]

Nigeria-China trade hits $23bn - Envoy
Economy

US tariff: UK PM leads race in trade ties with China

Britain’s Keir Starmer is the latest Western leader to heat up trade ties with China in a shift analysts say is driven by US tariff pressure and unease over Donald Trump’s volatile policy playbook. The prime minister’s Beijing visit this week to promote “pragmatic” co-operation comes on the heels of advances from the leaders of […]

featured Finance

Dollar sinks further amid Trump’s tariff threats, policy uncertainty

The United States’ dollar struggled to bounce back on Wednesday following another selloff fuelled by President Donald Trump’s suggestion he was happy with the currency’s recent decline, while tech firms helped most equity markets extend their rally. According to AFP, traders are also keeping an eye on the Federal Reserve’s latest meeting, hoping for some […]

EU rules out fee for tech giants under digital markets act
Economy

EU urges greater defence role in NATO as Trump shifts focus

Europe must step up efforts on defence and play a bigger role in NATO as United States President Donald Trump has “shaken the transatlantic relationship to its foundation”, EU top diplomat Kaja Kallas said on Wednesday. “Let me be clear: we want strong transatlantic ties. The US will remain Europe’s partner and ally. But Europe […]

India seeks to keep US trade talks on track despite tariff hike
featured Finance

Trump announces tariff hike on South Korean imports

President Donald Trump said on Monday that the United States will raise tariffs on imports from South Korea, citing the failure of the country’s National Assembly to ratify a trade framework unveiled last year. In a social media post, Trump said duties would increase on South Korean automobiles, lumber and pharmaceutical products, while tariffs on […]