President Donald Trump claimed on Monday that tariff revenues collected by the U.S. will surpass $600 billion, saying the measures have strengthened the country financially and enhanced its international standing.
Trump wrote on Truth Social that the tariffs have made the U.S. “far stronger and more respected than ever before,” and criticised media coverage he described as hostile. He linked the tariffs to national security and highlighted an ongoing Supreme Court case assessing whether he exceeded his presidential authority under the International Emergency Economic Powers Act (IEEPA).
U.S. Treasury Department data show that total net revenue from tariffs between January and November last year was $236.2 billion. The Supreme Court heard arguments on November 5 regarding the legality of some tariffs. The Trump administration has indicated it may continue to enforce them through alternative legal mechanisms if the court rules against it.
The outcome of the case could affect billions of dollars in future tariff revenue and the scope of presidential powers on trade measures.
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, ti...
The global race to develop quantum computing is accelerating, with governments and technology firms investing heavily in what is expected to become a ...
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching co...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know....
The United States began their World Cup campaign in commanding fashion with a 4-1 victory over Paraguay, delivering an emphatic performance that under...
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
The global race to develop quantum computing is accelerating, with governments and technology firms investing heavily in what is expected to become a major new computing era.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
Ambassadors from the European Union’s 27 member states have agreed to advance accession negotiations with Ukraine and Moldova, paving the way for the first formal phase of talks to begin on Monday.
European Union countries have agreed to maintain the current three-hour threshold for flight delay compensation in the bloc’s upcoming update to air passenger rights, preserving one of the most recognisable protections for travellers.
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