U.S. President Donald Trump

May 22, 2026 9:23 AM

Trump will swear in Warsh on Friday to lead US Federal Reserve

U.S. President Donald Trump will swear in Kevin Warsh as the chair of the Federal Reserve on Friday at the White House, the Trump administration said on Thursday. Warsh was confirmed to the role in a near party-line vote on May 13. He succeeds Jerome Powell as the chair of the central bank, though Powell's separate term as a Fed governor extends through January of 2028. Warsh, 56, will serve a four-year term as chair and a 14-year term as a Fed governor. Trump selected him as a bulwark against...

May 22, 2026 9:11 AM

US and Iran still at odds on key issues, but both sides report signs of progress

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz, although U.S. Secretary of State Marco Rubio said there had been "some good signs" in talks. U.S. President Donald Trump said the U.S. will eventually recover Iran's stockpile of highly enriched uranium - which Washington believes is destined for a nuclear weapon though Tehran says it is intended purely for peaceful purposes. "We will get it. We don't need it, we don't ...

May 21, 2026 12:18 PM

Taiwan says President Lai would be happy to talk to Trump

Taiwan said on Thursday President Lai Ching-te would be happy to speak with U.S. President Donald Trump, in what would be an unprecedented conversation between the leader of the world's biggest economy and the island claimed by China. It is still unclear when such talks might occur, but the decision could roil Washington's relations with Beijing and help resolve the fate of a massive arms package the United States is considering for democratically-governed Taiwan. U.S. and Taiwan presidents ha...

May 21, 2026 12:03 PM

Tehran reviewing latest US response as Trump suggests he can wait

Iran said on Thursday it was reviewing Washington's latest position on ending the war after U.S. President Donald Trump suggested he was prepared to wait a few days to "get the right answers" from Tehran but warned of renewed attacks if it did not agree to a deal. "We have received U.S. views and are reviewing them," Iranian state-run agency Nour News quoted Foreign Ministry spokesperson Esmaeil Baghaei as saying. Pakistan, which hosted peace talks last month and is acting as the conduit fo...

May 21, 2026 9:34 AM

Xi and Putin unite to criticise US, but fail to clinch big gas deal

China and Russia condemned U.S. President Donald Trump's Golden Dome missile defence shield plans and Washington's "irresponsible" nuclear policy at a summit on Wednesday, a week after President Xi Jinping hosted Trump in Beijing. A joint statement issued after Xi's summit with Russian President Vladimir Putin served to underline that, while the Chinese leader seeks stable and constructive relations with Trump, he differs fundamentally with him on key issues where China's position is closely al...

May 21, 2026 9:22 AM

Trump to sign order on AI oversight as security fears mount among supporters

U.S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of new AI models, such as Anthropic's Mythos. The White House was working to get AI company CEOs to a signing ceremony with President Donald Trump, another source familiar with the planning said. The order would create a voluntary framework for AI developers to ...

May 21, 2026 9:11 AM

Trump says willing to wait for a few days to get ‘right answer’ on Iran peace deal

U.S. President Donald Trump on Wednesday said the United States was ready to proceed with further attacks on Tehran if Iran did not agree to a peace deal, but suggested Washington could wait a few days to "get the right answers." Speaking to reporters, Trump said the situation was "right on the borderline" and could escalate quickly. Six weeks after he paused Operation Epic Fury for a ceasefire, talks to end the war have shown little progress, while soaring gasoline prices have weighed on the ...

May 20, 2026 10:06 AM

EU strikes provisional agreement to finalise US trade deal

The European Union struck a provisional agreement on Wednesday on legislation to remove import duties on U.S. goods, a key part of the trade deal reached with Washington last July, in a move likely to avert higher U.S. tariffs on EU products. Under the terms of the deal struck at U.S. President Donald Trump's Turnberry golf resort in Scotland last July, the EU agreed to remove import duties on U.S. industrial goods and grant preferential access to U.S. farm and sea produce. In exchange, the Uni...

May 19, 2026 3:05 PM

EU prepares to cut US import duties to avoid Trump tariff hike

European Union negotiators were expected to agree on Tuesday to scrap import duties on U.S. goods to comply with the trade deal struck with the United States last year and ward off U.S. President Donald Trump's threat of much higher tariffs. Under the terms of the deal struck at Trump's Turnberry golf resort in Scotland last July, the EU agreed to remove import duties on U.S. industrial goods and grant preferential access to U.S. farm and sea produce. In exchange, the United States would impose...

May 19, 2026 9:22 AM

Trump says he paused attack on Iran, signals a nuclear deal may be possible

U.S. President Donald Trump said on Monday he had paused a planned attack against Iran after Tehran sent a peace proposal to Washington, and that there was now a "very good chance" of reaching a deal limiting Iran's nuclear program. After Iran sent the U.S. a new peace proposal, Trump said he had instructed the U.S. military that "we will NOT be doing the scheduled attack of Iran tomorrow, but have further instructed them to be prepared to go forward with a full, large scale assault of Iran, on...