Wednesday, July 30

Tag: Donald Trump

28Jul By AdminsNo Comments

Australia faces nervous wait as Trump’s tariff deadline looms

Australia is no closer to learning whether it will be hit by a higher tariff by the United States, despite President Donald Trump saying he'll be handing down fresh duties later this week. The so-called "reciprocal" tariffs were paused for 90 days, and the White House has recently announced deals with a slew of partners, including the UK, China, Vietnam, Indonesia, the Philippines, Japan and, as of this morning, the European Union. However, an Australian deal is yet to be announced ahead of the pause expiring on Friday. Donald Trump's tariffs have caused uncertainty in financial markets. (Getty) Australia is currently subject to a baseline 10 per cent tariff, but what that figure will be as of Friday is unclear. Trump said last week he would be sending out lett...
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28Jul By AdminsNo Comments

There is a larger problem for Trump in the Epstein chaos

Analysis: Ezra Klein begins one of his recent podcasts by telling a joke that has been making the rounds. Basically, a conspiracy theorist dies and ascends to heaven. God is there to greet him and explains that as part of the celestial welcome, he will answer any question the man has, writes American journalist and commentator Fareed Zakaria "Please, I must know the answer to this one," the man says, "who killed John F. Kennedy?" God answers instantly, "That's easy: Lee Harvey Oswald." Shocked, the man murmurs, "This goes higher than I had thought!" This is the dilemma in which Donald Trump finds himself. Whatever he does to deflect and distract from the Jeffrey Epstein morass only deepens the suspicions — including those about the two men's relationship. President Donald Tr...
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28Jul By AdminsNo Comments

‘Biggest deal ever’: Trump announces trade agreement with EU

US President Donald Trump has announced that the US and the European Union reached a framework for a trade deal, after talks with European Commission President Ursula von der Leyen in Turnberry, Scotland. Trump announced a 15 per cent across-the-board levy on imports from the 27-nation European Union, ending a months-long saga with America's largest trading partner as the EU sought to keep baseline tariffs at 10 per cent. "We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15 per cent," Trump said. European Commission President Ursula von der Leyen and US President Donald Trump have announced the framework for a trade agreement. (AP) Speaking alongside von der Leyen, the president said the EU "is g...
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23Jul By AdminsNo Comments

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...
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23Jul By AdminsNo Comments

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 ...
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23Jul By AdminsNo Comments

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...
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