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June 11, 2025 4:27 PM

Musk says some of his posts about Trump ‘went too far’

Billionaire businessman Elon Musk said on Wednesday he regretted some of the posts he made last week about U.S. President Donald Trump as they had gone "too far". Trump said on Saturday his relationship with Musk was over after they exchanged insults on social media, with the Tesla and SpaceX CEO describing the president's sweeping tax and spending bill as a "disgusting abomination." Musk has since deleted some posts critical of Trump, including one signaling support for impeaching the presi...

June 11, 2025 9:30 AM

US, China reach deal to ease export curbs, keep tariff truce alive

U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs tha...

March 5, 2025 10:37 PM

US cuts off intelligence-sharing with Ukraine

The U.S. has cut off intelligence-sharing with Kyiv, said CIA Director John Ratcliffe on Wednesday, in a move that could seriously hamper the Ukrainian military's ability to target Russian forces. The decision to cut off intelligence-sharing and military aid to Ukraine starkly illustrates the Trump administration's willingness to play hardball with an ally to force it to the negotiating table. U.S. President Donald Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Z...

March 4, 2025 11:52 AM

Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new trade conflicts with the top three U.S. trading partners. The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade went live at 12:01 a.m. EST (0501 GMT), hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its pr...

February 20, 2025 8:26 PM

Zelenskiy calls for US pragmatism after Trump calls him a ‘dictator’

Ukrainian President Volodymyr Zelenskiy said he was counting on Ukrainian and European unity and U.S. pragmatism as Kyiv faces a mounting crisis in relations with its hitherto key U.S. ally under the leadership of President Donald Trump. In an extraordinary rift, Trump said on Wednesday that Zelenskiy was a "dictator without elections" who should act quickly or lose his country, unthinkable rhetoric from a U.S. leader for most of Russia's three-year-old all-out war. Trump is pushing for a quic...

February 14, 2025 4:50 PM

Vance warns Moscow on Ukraine, urges Europe to spend more on defence

U.S. Vice President JD Vance warned Russia that Washington could hit Moscow with sanctions if it does not agree to a good peace deal with Ukraine, while urging Europe to spend more on defence as he arrived for the Munich Security Conference. Ukraine, and prospects for peace talks, preoccupied many at the high-profile global gathering after Donald Trump startled U.S. allies by calling Russian President Vladimir Putin and announcing the start of talks to end the war in U...

February 6, 2025 9:31 AM

Trump order seeks to ban transgender women and girls from female sports

U.S. President Donald Trump signed an executive order on Wednesday attempting to exclude transgender girls and women from female sports, a directive that supporters say will restore fairness but critics say infringes on the rights of a tiny minority of athletes. The order directs the Department of Justice to make sure all government agencies enforce a ban on transgender girls and women from participating in female school sports under Trump's interpretation of Title IX, a law against sex discrim...

January 13, 2025 4:14 PM

Nvidia says new rule will weaken US leadership in AI

Nvidia on Monday criticized a new effort by the Biden administration to tighten Washington's grip on artificial intelligence chip flows around the world, saying the regulation would jeopardize current U.S. leadership in AI. The new rule, which is expected to be published as soon as Monday, "threatens to derail innovation and economic growth worldwide," and would "undermine America's leadership," Nvidia Vice President of Government Affairs Ned Finkle said in a statement. Reuters reported last m...

December 3, 2024 12:36 PM

Ukraine pushes for NATO invite 30 years after failed nuclear deal

Ukraine on Tuesday blasted an agreement struck 30 years ago under which it relinquished nuclear weapons in exchange for security assurances that never materialised, as it makes a concerted push for an invitation to join the NATO alliance. Kyiv is desperately calling for robust security guarantees to protect it from renewed Russian aggression as U.S. President-elect Donald Trump's return to the White House raises fears of a rapidly-struck settlement to the war that would leave it exposed. Ukrai...

November 21, 2024 10:57 AM

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $96,000 for the first time in Asia trade, touching a high just above $96,898. The cryptocurrency's price has more than doubled this year and is up about 40% in the two weeks since Trump was voted in as the next U.S. president and a slew of pro-crypto lawmak...