President Donald Trump made significant remarks on Wednesday, touching on various major topics including the US-Mexico-Canada Agreement (USMCA), Russia-Ukraine peace talks, and his controversial fuel economy proposal.
President Trump stated that the USMCA, which is set to undergo a review soon, could either expire or be replaced with a new agreement.
"The USMCA will either expire, or we'll work out another deal," Trump said during a press briefing.
The agreement, which was signed in 2018 under Trump’s administration, has been a cornerstone of his trade policy with Canada and Mexico, but now faces questions about its future amid changing geopolitical and economic conditions.
In a separate update, Trump also commented on the ongoing Russia-Ukraine peace talks, after U.S. envoys Steve Witkoff and Jared Kushner met with Russian President Vladimir Putin in Moscow earlier this week. Trump described the meeting as "reasonably good" but added that it was still unclear what the next steps would be.
He noted that Russia is "very strongly" seeking a deal to end the war in Ukraine, though he cautioned that "it takes two to tango," referring to the complexities of international negotiations.
Additionally, Trump revealed he had spoken with NVIDIA CEO Jensen Huang but did not elaborate on the specifics of their conversation.
The President also addressed concerns surrounding his fuel economy proposal, which is projected to cost American drivers an additional $185 billion by 2050.
The proposal, which aims to roll back fuel efficiency standards, has sparked debate over its long-term impact on both the economy and the environment. Trump defended the move, arguing that it would benefit American industries in the long run, but critics have warned of potential negative effects, particularly on consumers at the gas pump.
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A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 1st of May, covering the latest developments you need to know.
The federal agent injured in the attack at the White House Correspondents' Association dinner was not hit by friendly fire, U.S. President Donald Trump and the Secret Service Director said on Thursday (30 April).
The United States imposed sanctions on former Democratic Republic of Congo President Joseph Kabila on Thursday, accusing him of supporting Rwanda-backed M23 rebels and fuelling political instability in the country’s troubled east.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Washington via Pakistani mediators on Friday (1 May).
A 45-year-old man has been charged with attempting to kill two Jewish men in London on Wednesday (29 April).
At a moment when the trade relationship between the world’s two largest economies remains deeply strained, senior officials from Beijing and Washington have resumed direct talks.
Hundreds of protesters and emergency services clashed in a remote Northern Territory town overnight following the arrest of a man suspected of abducting and murdering a five-year-old Indigenous girl, police confirmed on Friday.
A fresh Ukrainian drone strike on Russia’s vital Black Sea port of Tuapse has sparked a massive fire at the sea terminal, local officials confirmed early on Friday.
U.S. passenger air services to Venezuela resumed on Thursday (30 April), as an American Airlines flight landed in Caracas, restoring a commercial link between the two countries after seven years.
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