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Trump threatens 200% tariff hike for China

USA The US president threatened Beijing with a steep tariff increase if the country did not supply rare-earth magnets, which are crucial for a range of products, such as smartphones and electric vehicles, to Washington. Another tariff threat from Washington: US president Donald Trump told journalists on Monday that China could face 200% tariffs if […]
Business

US and China extend trade truce

USA United States President Donald Trump on Monday extended a trade truce with China for another 90 days, delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain […]
Business

South Africa and Trump deepens talks on tariffs

South Africa President Cyril Ramaphosa of South Africa held a telephone conversation with U.S. President Donald Trump on August 6, 2025, focusing on bilateral trade issues and ongoing negotiations. Despite recent setbacks over high tariffs, both leaders committed to continuing discussions through their trade teams. The call comes against the backdrop of a 30% U.S.
News

Israel war enters second week Iranian commanders killed

Israel The second week of the Israel-Iran war started with a renewed round of strikes despite talks between European ministers and Iran’s top diplomat. Friday’s talks, which aimed at de-escalating the fighting between the two adversaries, lasted for four hours in Geneva, but failed to produce a breakthrough. Meanwhile, U.S. President Donald Trump continued to […]
News

Trump advocates for lesser holidays in America

USA President Donald Trump on Thursday called for fewer federal holidays, saying the days off cost America billions of dollars in losses. “Too many non-working holidays in America. It is costing our Country $BILLIONS OF DOLLARS to keep all of these businesses closed,” Trump said in a Truth Social post on Juneteenth, a newly designated federal holiday […]
Business

Immigrant Raids: Businesses are grappling in America

USA Businesses are grappling with mixed messages from President Trump and his team on how their workers will be targeted by the ongoing immigration raids destabilizing industries from agriculture to restaurants. The confusion has often stemmed from Trump himself, who at times has said “changes are coming” to protect some businesses but other times has […]