live U.S. pressure on Iran intensifies as sanctions and blockade take hold
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, acc...
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.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
Ukrainian President Volodymir Zelenskyy says envoys from the United States will be visiting Moscow and Kyiv to negotiate an end to the conflict.
China’s southern coastal provinces of Fujian and Guangdong are bracing for more torrential rain after Typhoon Saudel triggered widespread flooding, swept away vehicles and caused a three-storey building to collapse.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 4th of September, covering the latest developments.
The Trump administration pressured U.S. space companies not to attend a high-profile space summit in Paris organised by French President Emmanuel Macron, prompting a last-minute reshuffle and the cancellation of some planned announcements, according to sources familiar with the matter.
A Russian court on Thursday imposed restrictions on Lida Moniava, the founder of a children’s hospice, who is accused of spreading false information about the Russian military’s actions in Ukraine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment