U.S. President Donald Trump stated on Tuesday that the United States is generating nearly $2 billion per day from tariffs. Speaking at the White House, Trump highlighted the success of his administration’s tariff strategy, referring to it as part of "tailored deals" with various countries.
"We're taking in almost $2 billion a day in tariffs ... and we're doing very well in making, I call them tailored deals," Trump said. He added that countries like Japan and South Korea are actively seeking agreements with the U.S., with officials from these nations traveling to Washington to negotiate.
White House spokeswoman Karoline Leavitt further explained that nearly 70 countries have reached out to the Trump administration for negotiations following the announcement of a new 10% minimum tariff on all imports, along with higher reciprocal tariffs targeting the U.S.'s largest trading partners, including China and the European Union.
Leavitt confirmed that Trump met with his trade team earlier on Tuesday, directing them to pursue specific trade deals with each country seeking negotiations. When asked about the possibility of delaying the tariffs, Leavitt stated that Trump has made it clear that he does not plan to extend or delay the implementation of the new tariffs, which are expected to go into effect as scheduled.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called fo...
The European Commission has put forward a proposal allowing carbon credits purchased from developing countries to be counted towards the EU’s 2040 c...
Russian President Vladimir Putin reiterated Moscow’s readiness to continue peace negotiations with Ukraine during a telephone conversation with US P...
The Russian Ministry of Defence announced on Thursday that Major General Mikhail Gudkov, praised and appointed to the Navy’s top post by President V...
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legisla...
Russian President Vladimir Putin told US President Donald Trump during a phone call that the peace negotiations held in Istanbul will remain bilateral, involving only representatives from Russia and Ukraine.
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy are expected to discuss the sudden pause in American weapons shipments to Ukraine during a call on Friday,
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.
The Pentagon says U.S. strikes on Iranian nuclear sites have degraded Tehran’s programme by as much as two years, following attacks last month that used heavy bunker-buster bombs.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
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