Donald Trump

April 1, 2025 9:01 AM

Global stocks stabilise, gold hits record as Trump prepares to unveil reciprocal tariffs

Asian equities rose on Tuesday following Wall Street's overnight gains, while gold hit an all-time peak and Treasury yields fell as markets awaited details of U.S. President Donald Trump's reciprocal tariffs. The Japanese yen strengthened as traditional haven assets drew demand. Meanwhile, the risk-sensitive Australian dollar was under pressure after a soft reading of local retail sales, ahead of a Reserve Bank of Australia policy decision later in the day. Regional stocks found some respite o...

March 27, 2025 9:59 AM

Trump announces 25% tariffs on imported cars

U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production. "What we're going to be doing is a 25% tariff for all cars that are not made in the United States," Trump said at an event in the Oval Office. Trump, who sees tariffs as a tool to raise revenue to offset his p...

March 25, 2025 9:17 AM

Trump’s 25% tariff threat on Venezuela oil imports could impact India

US President Donald Trump’s threat to impose a 25% tariff on exports from countries purchasing oil from Venezuela could have serious implications for India, which is already bracing for potential reciprocal US taxes next month. Trump announced on Truth Social on Monday that any country “that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25 per cent to the United States on any Trade they do with our Country.” India, which imported 63,115 barrels per day (bpd) f...

March 21, 2025 10:43 AM

French scientist denied entry into the U.S., French government says

A French scientist has been denied entry into the United States, apparently because the scientist had expressed a personal opinion on the Trump administration's research policy, the French Education Ministry said on Thursday. "I learned with concern that a French researcher on assignment for the French National Center for Scientific Research (CNRS) who was traveling to a conference near Houston was denied entry to the United States before being expelled," Minister for Higher Education and Resea...

March 20, 2025 10:19 AM

Trump, Zelenskiy pledge in phone call to work for end to war in Ukraine

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy agreed on Wednesday to work together to end Russia's war with Ukraine, in what the White House described as a "fantastic" one-hour phone call. In their first conversation since an Oval Office shouting match on February 28, Zelenskiy thanked Trump for U.S. support and the two leaders agreed that technical teams would meet in Saudi Arabia in the coming days. Zelenskiy asked Trump for more air defence support to protect his c...

March 18, 2025 7:29 PM

Trump is considering recognising Ukraine’s Crimea as part of Russia, Semafor reports

The administration of U.S. President Donald Trump is considering recognising Crimea, which Russia annexed from Ukraine in 2014, as Russian territory in a possible future peace deal to end the war in Ukraine, the Semafor news website reported. Semafor, citing two people familiar with the matter, said U.S. officials had also discussed the possibility of having Washington urge the United Nations to do the same. Reuters could not independently confirm the report. Semafor said the White House had d...

March 17, 2025 4:04 PM

Trump says he will speak with Putin on Tuesday about ending war in Ukraine

U.S. President Donald Trump said he plans to speak to Russian President Vladimir Putin on Tuesday and discuss ending the war in Ukraine, after positive talks between U.S. and Russian officials in Moscow. "We want to see if we can bring that war to an end," Trump told reporters on Air Force One during a flight back to the Washington area from Florida. "Maybe we can, maybe we can't, but I think we have a very good chance. "I'll be speaking to President Putin on Tuesday. A lot of work's been done...

March 15, 2025 3:43 PM

Trump ensured Washington looked ‘beautiful’ ahead of PM Modi’s visit

US President Donald Trump has said that he took personal interest in ensuring Washington, DC, looked clean and well-maintained ahead of Indian Prime Minister Narendra Modi’s recent visit. Speaking at the Department of Justice, Trump revealed that he had a "route run" around key landmarks, including the White House and the State Department headquarters, to oversee a cleanliness drive before welcoming world leaders. "We saw tents right opposite the State Department. They had to come down, and t...

March 15, 2025 8:01 AM

Mark Carney sworn in as Canada’s prime minister, says he can work with Trump

Ex-central banker Mark Carney was sworn in as prime minister of Canada on Friday and immediately said he could work with U.S. President Donald Trump, who is promising tariffs that could devastate the Canadian economy. Carney succeeds Justin Trudeau, who had a combative and often cold relationship with Trump. Carney, 59, made clear his approach would be different. "We respect President Trump - President Trump has put some very important issues at the top of his agenda. We understand his agenda,...

March 11, 2025 9:31 AM

Rubio says US could resume aid to Ukraine

Secretary of the State Marco Rubio has said the Trump administration could resume aid and intelligence support to Ukraine if the war-torn country's leaders commit to a peace process at a crucial meeting of senior officials of the two countries in Saudi Arabia on Tuesday. Rubio told reporters after landing Monday in Jeddah for the talks that the aid was suspended “because we felt the Ukrainians were not committed” to ending the three-year-war triggered by the Russian invasion in 2022, The Wa...