Semiconductor chips

U.S. Unveils 25% Tariff on High-End Semiconductors as ‘Phase One’ Move, Signals Further Actions to Protect National Security

The U.S. Commerce Department’s decision to impose a 25% national security tariff on selected high-end semiconductor imports marks an initial step in a broader strategy to shield and expand the domestic chip industry, a senior administration official said on Thursday....
Crypto

US Crypto Regulatory Push Hits Turbulence After Coinbase Pulls Support for Senate Bill Amid Stablecoin Reward Fight

The unbridled optimism that swept through the cryptocurrency industry during Donald Trump’s first year back in the White House is giving way to anxiety, after a long-anticipated digital-asset market structure bill was delayed in the US Senate amid a growing...
State troopers form a line in street in Minneapolis, Minnesota

Minneapolis on Edge After Immigration Agent Shoots Venezuelan Man, Protests Erupt

Minneapolis was rocked by another night of unrest after a federal immigration agent shot a Venezuelan man in the leg during a traffic stop, an incident that authorities say triggered violent clashes between protesters and law enforcement in a city...
RFK Jr

‘I don’t know how he’s alive’: RFK Jr opens up about Trump’s McDonald’s and Diet Coke routine

US Health and Human Services Secretary Robert F Kennedy Jr has offered a candid glimpse into President Donald Trump’s eating habits, saying his boss relies heavily on junk food, particularly while travelling, largely for security reasons. Speaking on a podcast...
Donald Trump

Michigan Auto Worker Suspended After Heckling Trump at Ford Plant as Online Donors Rally With Over $1 million in Support

A confrontation between a factory worker and US President Donald Trump during a high-profile tour of a car plant in Michigan has escalated into a national political flashpoint, generating more than $US800,000 ($1.19 million) in online donations in less than...
Donald Trump

Trump says Venezuela may benefit from staying in OPEC, but U.S. interests unclear

U.S. President Donald Trump said on Wednesday he believes it would be better for Venezuela to remain a member of the Organization of the Petroleum Exporting Countries (OPEC), while adding that he was uncertain whether such an arrangement would serve...
Fed Chair Jerome Powell

Donald Trump Says He Has ‘No Plan’ to Fire Fed Chair Jerome Powell, but Leaves Door Open as Justice Department Probe Deepens

President Donald Trump on Tuesday insisted he has no immediate plan to fire Jerome Powell, even as the Justice Department probes a renovation project at the US central bank. “I don’t have any plan to do that,” Trump told reporters,...
US Dollars

US December Budget Deficit Jumps to Record $US145 Billion as Military Spending Surges and Tariff Revenues Show Signs of Levelling Off

The US government posted a $US145 billion ($A217 billion) budget deficit in December, marking a sharp deterioration in the monthly fiscal position and highlighting the impact of higher spending, calendar shifts in benefit payments and signs that tariff-related revenue growth...
Donald Trump Appears to Swear and Flip the Bird at Factory Worker During Ford Plant Visit in Michigan

Trump Appears to Swear and Flip the Bird at Factory Worker During Ford Plant Visit in Michigan

US President Donald Trump appeared to swear and make an obscene gesture toward a factory worker during a widely circulated video of his visit to a Ford plant in Dearborn, Michigan, on Tuesday. The exchange occurred as Trump toured the...
Donald Trump

Trump Urges Citizens to Overthrow Institutions as Iran Faces Deadliest Unrest in Years, Economic Sanctions Tightened Against Tehran

US President Donald Trump has escalated his rhetoric toward Iran, urging citizens to continue protesting against the country’s clerical rulers and promising unspecified assistance, as Tehran faces its largest demonstrations in years. The unrest has drawn international attention, heightening tensions...
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