ANKARA (AA) – President-elect Donald Trump has reiterated his vow to block a deal for Japan’s Nippon Steel to acquire US Steel. “I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,” he wrote on Truth Social, his social media platform, […]
ISTANBUL (AA) – President-elect Donald Trump said Saturday that he would impose a 100% tariff on any BRICS country that attempts to move from the US dollar in international trade. Referring to the economic alliance of Brazil, Russia, India, China and South Africa — now expanded to include Iran, Egypt, Ethiopia, and the United Arab ...
ISTANBUL (AA) – President-elect Donald Trump hosted Meta CEO Mark Zuckerberg for dinner at his Mar-a-Lago Club resort in Florida, CBS News reported. A Meta spokesperson confirmed the dinner to CBS News, saying Zuckerberg was grateful for the invitation and the opportunity to meet with members of Trump’s team about the incoming administration. ...
LONDON (AA) – The UK, France, and Germany have urged Israel to renew vital banking ties with Palestinian financial institutions for at least 12 months, warning that failure to do so could lead to the collapse of the Palestinian economy and destabilize the region. Israel’s indemnification of its banks for cross-border transactions with Pa...
ANKARA (AA) – President-elect Donald Trump’s latest threats to impose sweeping new tariffs on imports, particularly from China, are raising alarms over their potential to significantly hike the cost of living for American families. According to a recent report from the National Retail Federation, the proposed tariffs could slash consumer...
TRENTON, Canada (AA) – Prime Minister Justin Trudeau said Tuesday he called an urgent meeting later this week with provincial premiers on how to deal with Donald Trump’s threat to impose crippling tariffs on Canadian products. Speaking to reporters one day after the US president-elect promised to slam Canada with a 25% tariff across the ...
WASHINGTON (AA) – President-elect Donald Trump has announced that Scott Bessent, a hedge fund executive and top fundraiser to his campaign, is his pick to lead the Treasury Department. Trump said on his Truth Social platform that Bessent will help him “usher in a new Golden Age for the United States.” “Unlike in past Ad...
The cryptocurrency market has hit a major milestone, surpassing a $3 trillion market cap following President-elect Donald Trump’s victory earlier this month. Bitcoin surged to more than $93,000, up from below $70,000 before the elections, with altcoins following suit. Trump’s positive stance is expected to influence the U.S. Securities and Exc...
WASHINGTON (AA) – President-elect Donald Trump nominated veteran Wall Street financier Howard Lutnick on Tuesday to become the head of the Commerce Department. Lutnick will lead “our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative,” Trump said on Truth So...
Republicans are considering cuts to Medicaid and Supplemental Nutrition Assistance Program (SNAP) benefits to offset the cost of extending tax cuts for the wealthy and corporations. As the GOP prepares to take control of Congress, there are discussions about introducing strict work requirements and spending caps on these programs. The proposed...
