USA – Page 14 – World Top News Now

22Mar

By AdminsNo Comments

Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet

US President Donald Trump has announced Boeing will build the Air Force's future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned jet will serve as quarterback to a fleet of future drone aircraft designed to be able to penetrate the air defences of China and any other potential foes. The initial contract to proceed with production on a version for the Air Force is worth an estimated $US20 billion ($AU31 billion). The 47th president, who announced the award at the White House with Defence Secretary Pete Hegseth and Air Force leadership, said with a grin that the new fighter would be named th...

13Mar

By AdminsNo Comments

Canada and EU swiftly retaliate against Trump’s steel and aluminium tariffs

Major trade partners have swiftly hit back at US President Donald Trump's increased tariffs on aluminium and steel imports, imposing stiff new taxes on US goods including products from textiles and water heaters to beef and bourbon. Canada, the largest steel supplier to the US said on Wednesday (early Thursday AEDT) it would place 25 per cent reciprocal tariffs on steel products and also raise taxes on a host of items: tools, computers and servers, display monitors, sports equipment, and cast-iron products. Across the Atlantic, the European Union will raise tariffs on American beef, poultry, bourbon, motorcycles, peanut butter and jeans Across the Atlantic, the European Union will raise tariffs on American beef, poultry, bourbon, motorcycles, peanut butter and je...

13Mar

By AdminsNo Comments

Steel and aluminum are central to American life. These are the industries and products that will be impacted by new tariffs

Steel and aluminum are ubiquitous in Americans' lives. A stainless steel refrigerator holds aluminum soda cans. A stainless steel drum tumbles inside an aluminum washing machine. They're the metals used in cars and airplanes, phones and frying pans, skyscrapers and zippers. That's why President Donald Trump's 25 per cent tariffs on all steel and aluminum imports, which went into effect yesterday, could have widespread impact on manufacturers and consumers. Here are some of the industries and products that rely on aluminum and steel: Construction The construction industry uses about one-third of all US steel shipments, more than any other industry, according to the Council on Foreign Relations. The industry depends on a global supply chain...

8Mar

By AdminsNo Comments

Judge orders Trump administration to speed up payment of USAID and State Department debts

A federal judge on Thursday ordered the Trump administration to speed up its payment on some of nearly $US2 billion in debts to partners of the US Agency for International Development and the State Department, giving it a Monday deadline to repay the nonprofit groups and businesses in a lawsuit over the administration's abrupt shutdown of foreign assistance funding. US District Judge Amir Ali described the partial payment as a "concrete" first step he wanted to see from the administration, which is fighting multiple lawsuits seeking to roll back the administration's dismantling of USAID and a six-week freeze on USAID funding, which has forced US-funded organisations to halt aid and development work around the world and lay off workers. Ali's line of questioning in a four-hour h...

8Mar

By AdminsNo Comments

Donald Trump ‘strongly considering’ sanctions and tariffs on Russia until ceasefire with Ukraine is reached

US President Donald Trump says he is "strongly considering" sanctions and tariffs on Russia in hopes of forcing a settlement to the war in Ukraine. He said in a post on Truth Social on Thursday (early Friday AEDT) that they could remain in place until a ceasefire and "final settlement agreement on peace" were reached. The post came as Trump faced criticism for increasing pressure on Ukraine to reach a deal while downplaying or even denying Russia's responsibility for starting the war with its invasion three years ago. Trump said he is "strongly considering" sanctions and tariffs on Russia in hopes of forcing a settlement to the war in Ukraine. (60 Minutes) The post came as Trump faces criticism for increasing pressure on Ukraine to reach a deal while downplaying or ev...

8Mar

By AdminsNo Comments

Trump backflips on tariffs yet again, threatens immense new tax on Canadian dairy, lumber

A day after offering Canada a one-month reprieve on punishing, virtually across-the-board 25 per cent tariffs, President Donald Trump has threatened new tariffs as soon as Friday on Canadian lumber and dairy products. It's yet another twist in a serpentine trade policy that seems to shift on an hourly basis. "Canada has been ripping us off for years on lumber and on dairy products," Trump said in an Oval Office address, citing Canada's roughly 250 per cent tariff on US dairy exports to the country. Trump said America would match those tariffs dollar-for-dollar. "We may do it as early as today, or we'll wait until Monday or Tuesday," Trump said. "We're going to charge the same thing. It's not fair. It never has been fair, and they've treated our farmers badly." Donald T...

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