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June 23, 2026 10:49 AM

Explainer: Three ways Trump could get a stake in AI firms for the US

U.S. President Donald Trump said he is exploring options to give the public a stake in leading AI companies, in response to concerns that individual Americans will not share in the sector’s expected profits. Policymakers, companies and advocates have proposed several pathways for Trump's idea, floated this month, of AI companies "giving ‌back" to the public, including installing U.S. government representatives on company boards, targeted taxes on the industry and exchanging federal funding ...

June 21, 2026 6:19 AM

Italy’s Meloni tells Trump to focus on his own popularity as row rumbles on

Italian Prime Minister Giorgia Meloni told U.S. President Donald Trump on Saturday to look after his own popularity after he accused his NATO ally of trying to boost her domestic ratings by repairing ties with Washington. The Italian premier had accused Trump on Friday of being a liar for alleging that she had "begged" him for a photo with her during this week's Group of Seven summit in France. He repeated the assertion on Saturday, misspelling her name as "Gigiorgia" as he posted on his Truth...

June 17, 2026 3:07 PM

Trump criticises Israel’s Lebanon campaign as Iran warns of ‘harsh response’

US President Donald Trump has publicly criticised Israel’s military campaign against Hezbollah in Lebanon, saying the conflict has gone on for too long and resulted in excessive civilian casualties. Speaking on the sidelines of the G7 summit in France, Trump said Israel was "fighting Hezbollah too long" and that "too many people are being killed", urging Israeli Prime Minister Benjamin Netanyahu to act more responsibly. Trump also suggested that Syria's leadership could be better positioned to...

June 3, 2026 9:35 AM

Trump administration drops $1.8 billion ‘weaponization’ fund after Republican backlash

The Trump administration is abandoning the president's $1.8 billion "weaponization" fund, U.S. Acting Attorney General Todd Blanche told lawmakers on Tuesday, after a rare backlash from Republican senators. "We are not moving forward with the fund," Blanche said. "Period." But Blanche also told lawmakers that an agreement with Trump to bar future audits of his or his family's past tax records will remain in place. The fund emerged from a legal settlement between President Donald Trump and the...

June 3, 2026 9:32 AM

US, NATO allies to launch scaled-back Baltic Sea drills

The U.S. and NATO allies will launch scaled-back drills in the Baltic Sea this week, as conflicts in other regions draw ships away, though the exercise will still send a message of unity and strength to Russia, a senior German military official said. The annual exercise, held for more than five decades since 1971, brings together some 20 vessels from 15 nations with around 6,000 personnel - roughly half the size of last year's drills - during a period of heightened tensions in the Baltic region...

May 25, 2026 10:29 AM

‘I am a big fan of PM Modi, India can count on me’: Trump reaffirms strong bilateral ties at Delhi event

US President Donald Trump on Sunday praised Prime Minister Narendra Modi and reaffirmed Washington’s close ties with New Delhi during a surprise live virtual address at the 250th US Independence Day celebration held at the US Embassy in New Delhi. Speaking during the event attended by External Affairs Minister S. Jaishankar, US Secretary of State Marco Rubio and US Ambassador to India Sergio Gor, Trump described himself as a “big fan” of PM Modi and said India could count on the United St...

May 18, 2026 2:55 PM

Trump may have to wait for rate cuts until the Iran war is over, he tells Fortune

U.S. President Donald Trump conceded in an interview with Fortune magazine published on Monday that he may have to wait until the war with Iran was over for more interest rate cuts. “You can’t really look at the figures until the war is over,” he said. Trump said Iran was "dying to sign" a ceasefire deal with the U.S. "But they make a deal, and then they send you a paper that has no relationship to the deal you made." he told Fortune. (Reuters)...

May 13, 2026 9:27 AM

US has finalized tariff refunds of $35.5 billion as of May 11

The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7 a.m. ET on May 11, the U.S. Customs and Border Protection had received 126,237 applications for refunds covering an undisclosed number of shipments or entries, according to the court filing. The agency said it had validated 86,874 of those applications covering 15.1 milli...

May 13, 2026 9:25 AM

US appeals court pauses ruling against Trump’s 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the Trade Act, keeping the tariffs in place for three importers that had won a reprieve from the duties last week. * The U.S. trade court ruled against the new tariffs on Friday, but did not widely block their collection * The Trump administration appealed * While the ruling is paused, tariffs resume for the two businesses and Washington state, whic...

May 13, 2026 9:20 AM

Trump promises US-Cuba talks but gives no details

President Donald Trump said on Tuesday Cuba is asking for help and "we are going to talk," without providing any more information about U.S. plans. Trump has heaped pressure on the Caribbean island nation since returning to office last year, and threatened that Cuba "is next" after U.S. forces captured Nicolas Maduro, the president of longtime Cuban ally Venezuela, in January. "No Republican has ever spoken to me about Cuba, which is a failed country and only heading in one direction - down! C...