Wednesday, July 30

Tag: World

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...

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 ...

Trump promised 200 deals by now. He’s got three, and one more is getting very close

At the conclusion of his first 100 days in office in late April, US President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries. More than two months later, Trump has announced just three of those agreements – with China, the United Kingdom and Vietnam. So what happened? President Donald Trump speaks to members of the press during a Cabinet Meeting at the White House on July 8. (Andrew Harnik/Getty Images via CNN Newsource) Wednesday marked the day that Trump had set three months ago as a deadline for all countries to reach a deal or face higher "reciprocal" tariffs. Trump has since publicly acknowledged that pausing those "Liberation Day" tariffs until July 9 left insufficient time...

Elon Musk’s AI chatbot is suddenly posting antisemitic tropes

Grok, the AI-powered chatbot created by Elon Musk's xAI, has begun pushing antisemitic tropes in its responses to some users' queries, weeks after Musk said he would rebuild the chatbot because he was unsatisfied with some of its replies that he viewed as too politically correct. On Tuesday, Grok connected several antisemitic tropes to an X account with a name it identified as being "Ashkenazi Jewish" that caused controversy with offensive comments posted online about the victims of the recent Texas floods. "[T]hat surname? Every damn time," Grok said in response to a user who asked the bot to identify a woman in an unrelated image. AI chatbot Grok has posted antisemitic material on X. (Andrey Rudakov/Bloomberg/Getty Images via CNN) When a user asked the chatbot to ...

Trump threatens 35 per cent tariffs on Canada, Australia’s could double

US President Donald Trump has threatened a 35 per cent tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America's northern neighbour and one of its most important trading partners. "Starting August 1, 2025, we will charge Canada a Tariff of 35 per cent on Canadian products sent into the United States, separate from all Sectoral Tariffs," Trump wrote in a letter posted to social media. NBC News also reported Thursday that Trump told Meet the Press moderator Kristen Welker that the remaining US trading partners that have not yet received trade letters or reached framework agreements will be charged a blanket tariff rate. President Donald Trump has pledged a 35 per cent tariff on Canadian imports to the US. (AP) The let...

Tears of the UK’s treasury chief spooked financial markets

The weekly session in which the British prime minister is questioned by lawmakers in Parliament can be an ordeal for the government leader. For Cabinet members, it’s usually simply a matter of backing their boss. But on Wednesday the spotlight ended up on Chancellor of the Exchequer Rachel Reeves during the Prime Minister's Questions session because it became evident that she was crying as she sat beside Prime Minister Keir Starmer. This screen grab of Chancellor of the Exchequer Rachel Reeves, right, crying as Prime Minister Keir Starmer speaks during Prime Minister's Questions in the House of Commons, London, Wednesday July 2, 2025. (House of Commons/AP) It's not known what triggered the tears, later said to have been personal. They came as Starmer sought to ...
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