US President Donald Trump announced this weekend that 25% tariffs would be applied to all steel and aluminum imports effective immediately. “Any steel coming into the United States is going to have to have a 25% tariff. Also aluminum. 25% for both,” Trump said aboard Air Force
Brazilian President Luiz Inácio Lula da Silva was harshly critical of his US colleague Donald Trump's announcement that his country would take over the Gaza Strip and turn it into the Riviera of the Middle East. “Nobody is going to make a beautiful place on top of thousands of dead bodies of women and children,” said Lula during a radio interview in Bahia State.
Citing potential irreparable harm, US Federal Judge Paul A. Engelmayer Saturday blocked Elon Musk's Department of Government Efficiency (DOGE) from accessing specific records within the Treasury Department, thus acquiescing to a request from New York Attorney General Letitia James and 19 States under Democratic rule.
The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions. According to a piece published by BBC, Mr. Bailey said he was “following extremely closely” whether the Trump administration would change its support for the International Monetary Fund (IMF) and the World Bank.
The International Criminal Court (ICC) Friday condemned US President Donald Trump's sanctions against the United Nations tribunal while pledging to keep working. The Republican leader's move was deemed an attempt to “harm its independent and impartial judicial work.”
Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”
Given US President Donald Trump's tariffs imposition spree that has already hit Mexico, Canada, and China, the European Union (EU) is considering retaliatory measures should these threats materialize. The European Commission is considering using the anti-circumvention instrument (ACI), which allows restrictions in response to coerci⁷ve trade actions by other countries.
The Panama Canal Authority Wednesday denied an earlier announcement by the U.S. State Department that ships flying its flag would pass through the iconic interoceanic waterway toll-free.
Brazilian President Luiz Inácio Lula da Silva said that his US colleague Donald Trump's idea to take over the Gaza Strip made no sense. He also found the idea of relocating the local population to other countries hard to swallow. The Republican leader made these announcements Tuesday after meeting at the White House with Israeli Prime Minister Benjamin Netanyahu.
US President Donald Trump announced Tuesday during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House that his country intends to seize control of the Gaza Strip and have the local population resettled elsewhere. The Republican leader said rebuilding the enclave was near impossible after it became a “demolition site” following Israel's retaliation for the Oct. 7, 2023, mass murders and abductions from the Gaza-based pro-Palestine terrorist group Hamas.