Donald Trump | DD News

July 31, 2025 9:10 AM

US President Trump confirms India-US trade talks continue despite 25 per cent tariff threat

President Donald Trump has said that India and the US were still negotiating a trade deal despite his threat to impose a 25 per cent tariff, and a final decision may be known by the end of the week. "We're talking to India now, we'll see what happens," he said on Wednesday, hours after he had threatened the 25 per cent tariffs and the 100 per cent penalty for buyers of Russian energy he had proposed. He said that India, which he asserted has one of the highest tariffs in the world, was now "wil...

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 30, 2025 3:54 PM

Global stocks mixed as investors brace for Fed meeting, tariff deadline

Global stocks struggled for clear direction on Wednesday ahead of the Federal Reserve's policy announcement later in the day, with investors cautious after two days of trade talks between the U.S. and China concluded without any major breakthroughs. Treasury yields and the dollar were also little changed as the market anticipated the Fed will keep rates on hold despite pressure from the White House to lower borrowing costs. Europe's STOXX 600 was flat, with blue-chip indexes in Frankfurt, Pari...

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 28, 2025 7:34 PM

Trump warns Iran that its nuclear sites could be bombed again

U.S. President Donald Trump warned on Monday that he would order fresh U.S. attacks on Iran’s nuclear facilities should Tehran try to restart facilities that the United States bombed last month. Trump issued the threat as he held talks with British Prime Minister Keir Starmer at his Turnberry golf resort on the western coast of Scotland. Iran, which denies seeking to develop a nuclear weapon, has insisted it will not give up domestic uranium enrichment despite the bombings of three nuclear s...

July 28, 2025 11:56 AM

US, China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting

Top U.S. and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce by three months and keeping sharply higher tariffs at bay. China is facing an August 12 deadline to reach a durable tariff agreement with President Donald Trump's administration, after Beijing and Washington reached preliminary deals in May and June to end weeks of escalating ...

July 28, 2025 8:54 AM

US and EU avert trade war with 15% tariff deal

The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade. U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump's luxury golf course in western Scotland after an hour-long meeting that pushed the hard-fought deal over the line, following mont...

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...