America | DD News

July 30, 2025 10:33 PM

Trump says US to impose 25% tariff on India from August 1

U.S. President Donald Trump on Wednesday imposed a 25% tariff on goods imported from India starting August 1, as well as an unspecified penalty for buying Russian arms and oil - moves that could strain relations with the world's most populous democracy. The U.S. decision singles out India more severely than other major trading partners, and threatens to unravel months of talks between the two countries, undermining a key strategic partner of Washington’s and a counterbalance to China. "While...

July 30, 2025 8:57 PM

Fed to hold rates steady despite Trump’s push for big cuts

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, even as President Donald Trump continued to push the U.S. central bank to cut borrowing costs. Trump, who last week made a rare presidential visit to the Fed's headquarters in Washington as part of a campaign to pressure Fed Chair Jerome Powell, used the release of second-quarter economic growth numbers to argue for lower rates in order to "let people buy, and refinance, their homes!" In a post on his Truth Social ...

July 29, 2025 10:23 AM

Trump says he is not seeking summit with Xi, but may visit China

U.S. President Donald Trump said on Tuesday that he was not seeking a summit with Chinese President Xi Jinping, but added that he may visit China at Xi's invitation, which Trump said had been extended. "I may go to China, but it would only be at the invitation of President Xi, which has been extended. Otherwise, no interest!," Trump said on Truth Social. Aides to Trump and Xi have discussed a potential meeting between the leaders during a trip by the U.S. president to Asia later this year, sou...

July 25, 2025 2:04 PM

White House touts Columbia deal, critics see dangerous precedent

Columbia University's agreement to pay more than $220 million to the U.S. government to resolve federal probes was not capitulation but a means to restore vital public funding, the university's acting president said on Thursday. But critics expressed concern about a harmful precedent in what they see as President Donald Trump's push for greater control over elite U.S. colleges. Trump has targeted Columbia and other universities over the pro-Palestinian student protest movement that roiled coll...

July 25, 2025 9:24 AM

Trump says he wants Musk and his companies to thrive in US

President Donald Trump said on Thursday he would not destroy Elon Musk's companies by taking away federal subsidies and that he wants the billionaire tech entrepreneur's businesses to thrive. The remarks follow a public clash with his former close ally over his tax bill. In July, the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America. "Everyone is stating that I will destroy Elon's companies by taki...

July 22, 2025 9:28 AM

Trump releases Martin Luther King assassination files

The U.S. Justice Department on Monday released more than 240,000 pages of documents related to the assassination of Martin Luther King Jr., including records from the FBI, which had surveilled the civil rights leader as part of an effort to discredit the Nobel Peace Prize winner and his civil rights movement. Files were posted on the website of the National Archives, which said more would be released. King died of an assassin's bullet in Memphis, Tennessee, on April 4, 1968, as he increasingly...

July 22, 2025 9:23 AM

South Korea finance minister, trade envoy to hold tariff talks with US counterparts

South Korea's new finance minister and the country's top trade envoy will meet in Washington with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday. The country's foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after a meeting of economic ministers. Koo took office on Monday. The four officials complete a new cabinet team under President Lee Jae Myung who was sworn in on...

July 18, 2025 12:14 PM

Trump asks for release of grand jury documents in Epstein case

U.S. President Donald Trump's administration will ask a court to allow the release of grand jury testimony in the case of deceased convicted sex offender Jeffrey Epstein, after some of his supporters reacted in fury to a report concluding there was no evidence to support long-running theories about his case. "Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony, subject to Court approv...

July 18, 2025 9:22 AM

Lula says he won’t take orders from foreigner Trump, calls tariffs blackmail

Brazilian President Luiz Inacio Lula da Silva on Thursday said he would not take orders over tariffs from a foreigner, referring to U.S. President Donald Trump, and later called the United States' threatened duty "unacceptable blackmail." The comments, made during two separate events, mark a continuation of a spat between the two leaders that escalated when the U.S. announced a 50% tariff on Brazil last week. Trump attributed the tariff, set to start in August, to Brazil's treatment of former ...

July 17, 2025 12:02 PM

Trump says he’s not planning to fire Fed’s Powell

U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the door open to the possibility and renewed his criticism of the central bank chief for not lowering interest rates. A Bloomberg report earlier Wednesday saying that Trump was likely to fire Powell soon sparked a drop in stocks and the dollar, and a rise in Treasury yields. Trump, who has been criticizing Powell on an almost daily basis for being "TOO LATE" to cut interest ra...