Browsing: US News briefing

Donald Trump’s ongoing spat with the Federal Reserve boss caused the markets to panic this week, with a massive sell off and drop in the dollar. Things have settled once again, but the IMF has slashed the global growth forecast – with the US given the biggest downgrade among advanced economies.

Donald Trump announced a temporary 90-day suspension of certain tariffs less than a day after they came into effect. Many see it as the president backing down from his policy after US government bonds were being sold off, and the president likely under pressure from his rich and powerful friends (Elon Musk).

Whilst he came back from the brink for most countries he had hit, all countries (interestingly, Russia was not hit with tariffs) still face a blanket 10% tariff.

The administration intensified its stance on China by elevating tariffs on Chinese imports to 125%, underscoring a complex and strained U.S.- China trade relationship.

China responded firmly to the increased tariffs, maintaining a resolute position and implementing retaliatory measures. The Chinese Commerce Ministry announced an 84% tariff on all U.S. goods, signaling Beijing’s unwillingness to yield to U.S. pressure. This escalation has heightened concerns about a prolonged trade conflict between the world’s two largest economies.

The financial markets have reacted with notable volatility to these developments. Following the announcement of the tariff suspension, global markets experienced a relief rally. However, this optimism is tempered by underlying uncertainties, as analysts caution that the fundamental issues driving the trade tensions remain unresolved. The bond market, in particular, has exhibited signs of distress, with the U.S. 10-year Treasury yield climbing from under 4% to 4.5%, reflecting diminished confidence in U.S. fiscal stability.

Amid these economic fluctuations, there have been murmurs of potential market manipulation.

The current trajectory of U.S. trade policy, characterized by abrupt shifts and escalating tariffs, has prompted warnings from economic leaders. JPMorgan Chase CEO Jamie Dimon cautioned that the ongoing trade war could precipitate a U.S. recession this year.

Politics is dominating the news in the United States – and around the world – with Donald Trump’s latest tariffs set to be announced tomorrow, the markets reaction to the impending tariffs and talks of Trump seeking a third term.

Trump is set to announce new tariffs on imports, including a 25% tax on foreign cars. The move aims to boost U.S. manufacturing but may raise prices and strain trade relations. The UK and other countries are expected to respond with their own tariffs.

Trump recently suggested the possibility of seeking a third term in office, despite the clear prohibition outlined in the 22nd Amendment of the U.S. Constitution, which limits presidents to two terms. In a recent interview, Trump stated he was “not joking” about exploring “methods” to remain in power beyond his current term. ​

Many of the American headlines are focused on the huge blunder from Trump’s top team after a journalist was accidently added to a private chat where bombing Yemen was discussed. Plenty of headlines have come from the group chat leak, including a clear understanding of just how much the US officials hate Europe, their plans to bomb Houthis and JD Vance’s disagreement with Trump.

There are reactions to the poor performance of the USMNT in the Nations League. It’s been a really bad few months for the team and sports pundits and fans are sharing their concerns ahead of the 2026 World Cup – in which the US is one of three hosts. The poor attendance at the matches have also been highlighted.

Cliff Notes Tensions are rising between Israel and the Trump administration as discussions about direct talks with Hamas are rekindled, raising concerns for Israeli officials…

Good Morning, USA! Much of the biggest news across the USA today is looking at the US tariffs on Canada, Mexico and China, the retalitory…

Florida Attorney General Opens Investigation into Tate Brothers Florida’s Attorney General James Uthmeier has initiated a criminal investigation into Andrew and Tristan Tate, who recently…

It’s all gone Pete Tong since last night, billions wiped of the markets and thousands of jobs on the fringes. All so one man can…

What has happened in the past 6 hours from Washington DC – it’s been a chaotic 6 hours. As you can imagine Palestine and Israel were top of the agenda when Trump meets Netanyahu, kills of USAID, withdraws from UNHRC and offers CIA staff a payout.

Overseas USAID missions halted

US taking over Gaza

US withdraws from UNHRC

Pam Bondi confirmed as AG

CIA workforce offered buyouts

Some of the US front pages reflect more updated reports regarding the US election, whilst others, due to time zones, are already old news! 

Only a handful of papers declare Donald Trump on the cusp of winning the election whilst others went to print long before those indications became clear. 

The more updated front pages also highlight the news the GOP has won back the Senate and that Donald Trump appears to have won the popular vote.