Tag: USA

Business

US imposes 25% tariffs on imports from Japan, S’Korea, others

United States President Donald Trump revealed Monday that imports from at least seven countries will face significantly higher blanket tariffs starting August 1, marking a return to his aggressive trade policies. The announcement, made via a series of social media posts, included screenshots of signed letters addressed to the leaders of Japan, South Korea, Malaysia, […]

Business

US lifts export restrictions on chip-design software to China

The United States government has lifted its export restrictions on chip-design software to China. This was announced on Thursday by semiconductor software firms Synopsys and Cadence. “Synopsys is working to restore access to the recently restricted products in China,” the California-based software maker said in a statement. The U.S. Commerce Department did not immediately respond […]

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US-Africa business summit yields $2.5b in new deals

The United States has announced that the 17th US-Africa Business Summit generated over $2.5 billion in new deals and commitments between American and African partners. According to the US Department of State, the summit—held from June 22 to 25—brought together more than 2,700 leaders from the public and private sectors across both regions. The department […]

Travel

US reopens student visa applications with stricter screening rules

The United State on Wednesday announced the resumption of student visa applications for foreign nationals, adding a new requirement for applicants to grant access to their social media accounts. Official said consular officers will review online activity for any content perceived as hostile toward the United States, including its government, culture, institutions, or founding values. […]

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US to prioritise private sector-led investments in Nigeria, others – Ambassador 

The United States Ambassador to Nigeria, Richard Mills Jr., stated that the US will prioritize private sector-led investment rather than aid in its engagement with Nigeria and sub-Saharan Africa. He made this remark on Thursday during a Fireside Chat at Lagos Business School, themed ‘Toward a Robust US-Nigeria Commercial and Investment Partnership.’ Nigeria is the […]

Trump signs executive order establishing US Bitcoin reserve
News

US to intensify visa revocations for Chinese students

The United States will intensify efforts to revoke visas of Chinese students, particularly those with ties to the Chinese Communist Party or enrolled in critical academic fields, Secretary of State Marco Rubio announced Wednesday. The policy shift marks a significant escalation in the Trump administration’s ongoing campaign targeting U.S. universities and international students. Rubio stated […]

News

US halts student visa interviews worldwide

The United States has paused scheduling new student visa interviews at embassies worldwide, according to TOI, though existing appointments will proceed as scheduled. The Trump administration plans to tighten social media screening for foreign students, raising concerns among international applicants about their U.S. prospects. U.S. Secretary of State Marco Rubio issued the directive via a […]

Travel

Cruise passengers caught smuggling 750 cigarette cartons in US

United States Customs and Border Protection officers in Long Beach, California, seized nearly 750 cartons of illegally imported cigarettes from two cruise ship passengers who had arrived from Ensenada, Mexico. The discovery was made on April 17 during an inspection of 10 pieces of luggage belonging to the couple., according to USATODAY. The contraband included […]

World stocks mixed as tech stocks crash
Business

American stock futures surge after US-China trade talks

Investors reacted positively to initial United States, China trade discussions held over the weekend, driving a sharp rally in U.S. stock futures on Sunday. While both nations reported progress, no specific details on tariff resolutions were disclosed, leaving markets hopeful but cautious. Futures for the Dow Jones Industrial Average soared 401 points, or 0.97%, signaling […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
Business

US, China agree to suspend most tariffs, easing trade tensions

The United States of America and China on Monday agreed to suspend most tariffs on each other’s goods, signaling a de-escalation in trade tensions between the world’s two largest economies. “We had very productive talks and I believe that the venue, here in Lake Geneva, added great equanimity to what was a very positive process,” […]

Alibaba to raise HK$12bn in exchangeable bonds
News

US lawmakers urge SEC to delist Alibaba

Alex Omenye Two Republican lawmakers have urged the U.S. Securities and Exchange Commission to delist a group of Chinese companies, including tech giant Alibaba, citing alleged ties to China’s military and concerns over U.S. national security, the Financial Times reported Friday. John Moolenaar, chair of the House Select Committee on the Chinese Communist Party, and […]

US considers equity stakes in chipmakers under CHIPS act
Business

US seals minerals deal with Ukraine amid war with Russia

The United States and Ukraine have signed a long-anticipated minerals agreement, granting Washington preferential access to Ukraine’s natural resources in exchange for the establishment of a reconstruction investment fund. The deal, finalized after months of complex negotiations, comes more than three years into Russia’s full-scale invasion of Ukraine. U.S. Secretary of the Treasury Scott Bessent […]