July 8, 2025 9:52 AM

China warns Trump on tariffs, threatens retaliation on supply chain deals

China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains. Washington and Beijing agreed to a trade framework in June that restored a fragile truce, but with many details still unclear, traders and investors on both sides of the Pacific are watching to see if it will unravel or lead to a lasting detente. On ...

July 8, 2025 9:30 AM

Japan will continue trade talks with US for mutually beneficial deal, Ishiba says

Japanese Prime Minister Shigeru Ishiba said on Tuesday that he would continue negotiations with the U.S. to seek a mutually beneficial trade deal, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1. Trump on Monday started notifying trade partners, from major suppliers like Japan and South Korea to minor players, of steep U.S. tariff hikes, but later indicated a willingness to delay implementation if countries made acceptable proposals. While Tokyo and Was...

July 8, 2025 9:19 AM

Trump says US will send more weapons to Ukraine

U.S. President Donald Trump said on Monday the United States would send more weapons to Ukraine, primarily defensive ones, to help the war-torn country defend itself against intensifying Russian advances. Washington's decision to halt some weapons shipments to Kyiv prompted it to warn the move would crimp its ability to fend off Russia's air strikes and battlefield advances, while drawing criticism from Democrats and some of Trump’s fellow Republicans. "We're going to send some more weapons....

July 7, 2025 4:36 PM

Netanyahu to meet Trump at White House as Israel, Hamas discuss ceasefire

Israeli Prime Minister Benjamin Netanyahu is due to meet with U.S. President Donald Trump at the White House on Monday, while Israeli officials hold indirect talks with Hamas, aimed at a U.S.-brokered Gaza hostage-release and ceasefire deal. Trump said on Sunday there was a good chance such a deal could be reached this week. The right-wing Israeli leader said he believed his discussions with Trump would help advance talks underway in Qatar. It will be Netanyahu's third White House visit since ...

July 7, 2025 10:26 AM

Trump calls Musk’s formation of new party ‘ridiculous’ and criticizes his own NASA pick

President Donald Trump on Sunday called Elon Musk's plans to form a new political party "ridiculous," launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk's business interests in space. A day after Musk escalated his feud with Trump and announced the formation of a new U.S. political party, the Republican president was asked about it before boarding Air Force One in Morristown, New Jersey, as he re...

July 7, 2025 12:07 PM

Trump says US nears trade deals as tariff deadline delayed

The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1. Since taking office, Trump has set off a global trade war that has roiled financial markets and sent policymakers scrambling to protect their economies, through efforts such as deals with the United States and other countries. In April Trump unveiled a base tarif...

July 6, 2025 11:22 AM

F-16 escorts plane out of area after airspace incursion near Trump’s golf course

An F-16 U.S. fighter jet on Saturday intercepted a general aviation aircraft that violated a temporary restriction of the airspace over U.S. President Donald Trump's golf club in Bedminster, New Jersey, the U.S military said in a statement. The North American Aerospace Defense Command (NORAD) said the incident, which occurred around 2:39 p.m. (1839 GMT), marked the fifth unauthorized incursion of the restricted airspace on Saturday. A spokesperson confirmed the jet was an F-16. NORAD aircraft ...

July 6, 2025 11:20 AM

Ukraine’s Zelenskiy says latest phone call with Trump his most productive yet

Ukrainian President Volodymyr Zelenskiy said on Saturday that his latest conversation with U.S. President Donald Trump this week was the best and "most productive" he has had to date. "Regarding the conversation with the president of the United States, which took place a day earlier, it was probably the best conversation we have had during this whole time, the most productive," Zelenskiy said in his nightly video address. "We discussed air defence issues and I'm grateful for the willingness to...

July 6, 2025 11:55 AM

Musk announces forming of ‘America Party’ in further break from Trump

The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America. A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that "Today, the America Party is formed to give you back your fr...

July 4, 2025 12:48 PM

Trump eyes simple tariff rates over complex talks, says letters going out Friday

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals. Acknowledging the complexity of negotiating with over 170 nations, Trump told reporters before departing for Iowa on Thursday that the letters will be sent to 10 countries at a time, laying out tariff rates such as 20% to 30%. "We have more than 170 countries...