Browsing: US Lead Story

Donald Trump is imposing new trade tariffs starting from 1 August, applying rates of up to 40% on goods from countries including Japan, South Korea, and South Africa, among others.

(Friday 11 July 2025) – The US President has issued new steep tariffs on 14 countries, including Brazil, fueling fears of more trade wars over the summer.

Elon Musk has been in the news this week as he revealed his plans to start his own political party.

Earlier in the week, Trump had announced a delay to his tariff plans as he appeared to push for a global trade deal, but did threaten an extra 10% tariff on any country siding with the policies of the BRICS alliance.

As of Friday, 120 people are confirmed dead from the Texas floods, and at least 150 remain missing. Following the massive floods, more rain arrived, hampering rescue efforts.

Tesla shares plunged around 7 per cent in pre-market trading after Elon Musk announced the launch of a new U.S. political party, dubbed the “America Party”, and reignited a public feud with former President Donald Trump.

At least 69 fatalities confirmed due to flash floods in Texas, with 11 girls from Camp Mystic among those still unaccounted for.

A federal judge ruled that President Trump’s asylum ban at the US-Mexico border overstepped his legal authority and bypassed established processes for asylum seekers.

Divided Opinions: The “big, beautiful bill” has ignited significant debate in Congress, with both ambitious proposals and political infighting surrounding it.

Elon Musk has signalled intentions to create a new political party, the “America Party,” in response to dissatisfaction with the current US tax and spending bill, indicating potential opposition to Republican lawmakers.

(Thursday, 3 July 2025) – Trump’s One Big Beautiful Bill has passed the Senate and now the House after being held up in Congress over concerns about the impact on national debt and healthcare.

Trump’s online feud with former bestie Elon Musk continues to escalate as Trump threatens to deport Musk.

USAID has officially closed its doors after President Donald Trump gradually dismantled the agency over its allegedly wasteful spending.

Elsewhere, the mixed verdict from the P Diddy trial sent shockwaves across the world.

In the first half of 2025, the US dollar has suffered its worst decline since 1973, plunging roughly 10.8% against a basket of major currencies.

Donald Trump announced that a “very wealthy group” will be revealed as the buyer of TikTok in approximately two weeks, pending potential Chinese government approval.