Trump Threatens Major Tariffs on EU Imports, Targets Apple iPhones WASHINGTON — May 23, 2025 — Former U.S. President Donald Trump has threatened to impose a 50% tariff on European Union imports and a 25% […]
U.S. President Donald Trump has proposed a sweeping $163 billion reduction in the federal budget for the next fiscal year, targeting significant cuts to education, housing, and non-defense discretionary programs. The proposal, announced Friday, emphasizes […]
Lucy Guo, the tech entrepreneur and Scale AI co-founder, has officially been named the world’s youngest self-made woman billionaire at just 30 years old, according to Forbes. Her net worth skyrocketed past $1.2 billion following […]
Riyadh, Saudi Arabia – Saudi stocks suffered a staggering loss of $133 billion as global markets reacted to the imposition of US tariffs. The Saudi index plummeted by 6.78%, reflecting a broader downturn in international […]
Beijing, China – China has strongly condemned the United States’ imposition of “reciprocal tariffs,” calling them a violation of World Trade Organization (WTO) rules and a disruptive force in the global economy. Chinese Ambassador Jiang […]
Thursday marked a devastating day for Lesotho’s textile industry as news broke that the country’s exports to the United States would soon face a 50% tariff, significantly impacting local businesses. Teboho Kobeli, founder of Afri-Expo […]
US Tariffs Set to Redefine Global Trade and Trigger Economic Shockwaves The implementation of new tariffs by the US is set to have a monumental impact on the world economy, with potential disruptions to trade […]
WASHINGTON – President Donald Trump announced sweeping new tariffs on Wednesday, escalating the trade conflict with other countries. The move, which aims to impose reciprocal tariffs on foreign goods, could have significant implications for global […]
The Office of Strategic Capital (OSC) has received over 200 applications totaling $8.9 billion for its inaugural domestic manufacturing loan program—far exceeding the current $984 million lending capacity. This overwhelming demand underscores the urgent need […]
Asia-Pacific Stocks Gain Amid Uncertainty Over Trump’s Tariff Deadline Asian stock markets traded mostly higher despite concerns over an impending deadline for reciprocal tariffs imposed by former U.S. President Donald Trump. Investors remained cautiously optimistic […]
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