Wednesday, July 23

Day: July 23, 2025

Trump announces trade deal with Japan that lowers threatened tariff to 15 per cent

US President Donald Trump has announced a trade framework with Japan, placing a 15 per cent tax on goods imported from that nation. “This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it,” Trump posted on Truth Social, adding that the United States “will continue to always have a great relationship with the Country of Japan.” The president said Japan would invest “at my direction” $US550 billion ($838 billion) into the US and would “open” its economy to American autos and rice. Trump claims that the deal will create "Hundreds of Thousands of Jobs" (AP Photo/Alex Brandon) The 15 per cent tax on imported Japanese goods is a meaningful drop from the 25 per cent rate that Trump, in a recent letter to Japanese Prime Minister Sh...

Coca-Cola says it will release a new version of its soft drink after Trump recommendation

Coca-Cola confirmed that it will release a new Coke made with cane sugar. The announcement follows a social media post from President Donald Trump last week in which he claimed he persuaded the company to replace high-fructose corn syrup. The company revealed in its earnings report that as "part of its ongoing innovation agenda," it will launch in the autumn an "offering made with US cane sugar" as part of its product range. Some versions of Coke already use cane sugar, including Coca-Cola sold in Mexico. "This addition is designed to complement the company's strong core portfolio and offer more choices across occasions and preferences," Coca-Cola said in a statement. CEO James Quincey said on a call with analysts that he thinks the drink "will be an ...

Obama issues rare statement responding to Trump’s ‘ridiculous’ claim

Barack Obama has issued a statement rejecting claims made by Donald Trump that Russia successfully manipulated votes in the 2016 US Election. Obama acknowledged Russia potentially may have attempted to influence the election, but it did not successfully affect the outcome. "Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes," Obama's office said in a statement. Donald Trump and Barack Obama pictured together back on January 20, 2017 in Washington, DC. (Getty) The statement comes after the current US President accused Obama of "treason" earlier this week. He claimed that documents reviewed by the Director of National...

US Justice Department to reach out to Jeffrey Epstein associate Ghislaine Maxwell

The US Department of Justice said it has reached out to Jeffrey Epstein's former associate Ghislaine Maxwell for a meeting amid backlash over the administration's handling of files related to Epstein. "Justice demands courage. For the first time, the Department of Justice is reaching out to Ghislaine Maxwell to ask: what do you know? At @AGPamBondi's direction, I've contacted her counsel. I intend to meet with her soon. No one is above the law – and no lead is off-limits," Deputy Attorney General Todd Blanche said in an X post. Blanche added in a statement posted by Attorney General Pam Bondi on social media that if "Ghislane Maxwell has information about anyone who has committed crimes against victims, the FBI and the DOJ will hear what she has to say." Blanche said ...
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