Saturday, June 14

Tag: Donald Trump

Trump threatens 50 per cent tariffs on EU and 25 per cent penalties on Apple as his trade war intensifies

US President Donald Trump on Friday threatened a 50 per cent tax on all imports from the European Union as well a 25 per cent tariff on Apple products, unless iPhones are made in America. The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing he has promised voters. The Republican president said he wants to charge higher import taxes on goods from the EU, a long-standing US ally, than from China, a geopolitical rival that had its tariffs cut to 30 per cent this month so Washington and Beijing could hold negotiations. US President Donald Trump on Friday threatened a 50 per cent t...

Trump narrows focus on ‘killing America’s enemies’ in speech to graduate cadets

US President Donald Trump used the first service academy commencement address of his second term on Saturday (local time) to laud graduating West Point cadets for their accomplishments and career choice while also veering sharply into a campaign-style recitation of political boasts and long-held grievances. "In a few moments, you'll become graduates of the most elite and storied military academy in human history," Trump said at the ceremony at Michie Stadium. "And you will become officers of the greatest and most powerful army the world has ever known. And I know, because I rebuilt that army, and I rebuilt the military. And we rebuilt it like nobody has ever rebuilt it before in my first term." President Donald Trump salutes during the United States Military Academy co...

Five House Republicans stall Trump’s ‘big, beautiful’ tax bill

Getty Images A budget bill, long touted by Donald Trump as the "big, beautiful bill" hit a roadblock on Friday when lawmakers from the president's own party voted against it in congress. Five Republicans joined all Democrats in delivering a stunning setback to President Trump's domestic agenda, demanding deeper budget cuts. Trump, who has muscled through close votes several times this year, urged lawmakers to unite behind the legislation. "We don't need 'GRANDSTANDERS' in the Republican Party. STOP TALKING, AND GET IT DONE!," he posted on Truth Social. The bill's chances of success are not hopeless, but its failure gives the Trump administration its first legislative bruise of the year. Support for the bill among Republicans varies. Some hard-liners want to see the bud...

Trump says he and Putin need to ‘get together’ to end Ukraine war

US President Donald Trump insisted on Thursday that he's not disappointed with Russian President Vladimir Putin for not showing up for peace talks in Istanbul with Ukrainian President Volodymyr Zelenskyy. "I didn't think it was possible for Putin to go if I'm not there," Trump told reporters at a meeting with business executives in Doha, Qatar, on the third day of his visit to the Middle East. Trump said a meeting between him and Putin was crucial to breaking the deadlock. US President Donald Trump gestures during a business roundtable in Doha, Qatar on Thursday. (Alex Brandon/AP) "I don't believe anything's going to happen whether you like it or not, until (Putin) and I get together," he said on Air Force One while traveling from Doha to Abu Dhabi, the capita...

Trump floats raising taxes on the rich to pay for his sweeping tax and spending cuts package

President Donald Trump said he's open to hiking taxes on wealthy Americans to help pay for Republicans' sweeping tax and spending cuts package, but the idea remains hotly contested among GOP lawmakers on Capitol Hill. In a Truth Social post Friday morning, Trump said that he would "graciously accept" even a "TINY" tax increase on the rich, while acknowledging that it could bring political risks for Republicans. House GOP lawmakers have been struggling to find $US1.5 trillion ($2.3 trillion) in spending cuts to help offset trillions of dollars of tax reductions. In a Truth Social post Friday morning, Trump said that he would "graciously accept" even a "TINY" tax increase on the rich. (CNN) "The problem with even a 'TINY' tax increase for the RICH, which I and a...

President Donald Trump says good parts of US economy are ‘Trump economy,’ bad parts are ‘Biden economy’

President Donald Trump said the US economy was a mixture of his enacted policies and the effects of the Biden administration in a wide-ranging interview on NBC's Meet the Press with Kristen Welker. "I think the good parts are the 'Trump economy' and the bad parts are the 'Biden economy' because he's done a terrible job," Trump said in the interview. Trump recently completed his first 100 days in office, with 66 per cent of Americans saying they are pessimistic (29 per cent) or afraid (37 per cent) about the economy, according to a CNN/SSRS poll. Donald Trump is taking credit for the 'good' parts of the economy, but blaming the 'bad' on Joe Biden. (AP) Just 34 per cent say they feel enthusiastic or optimistic. Overall, 69 per cent of the public considers an eco...
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