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Trump Hails U.S. Comeback in State Address

President Donald Trump used his State of the Union address on Tuesday night to declare what he described as a historic national revival, portraying the United States as a country that has regained momentum under his leadership. Despite opinion polls indicating that many Americans remain dissatisfied with both the direction of the country and his presidency, Trump showed no sign of adjusting course. With midterm elections approaching, the nearly two-hour speech functioned as both a defense of his record and a mobilization effort aimed at energizing his political base, while sharply criticizing Democrats. The address featured a series of carefully staged moments designed for maximum impact. Early in the evening, Trump acknowledged members of the U.S. Olympic men’s hockey team seated in the gallery. As they raised their gold medals, lawmakers from both parties stood in applause, with Republicans chanting […]

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Trump Imposes New 10% Global Tariff

The United States has entered a new phase of trade tensions after President Donald Trump announced a 10% global tariff, replacing a set of duties recently struck down by the Supreme Court of the United States. The move comes days after the court ruled, in a 6–3 decision, that the president had exceeded his authority in imposing sweeping tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). The justices concluded that Congress had not explicitly granted the executive branch the power to introduce such broad-based import taxes. Chief Justice John Roberts, writing for the majority, emphasized that when Congress delegates tariff authority, it does so clearly and with defined limits. The ruling was supported by the court’s three liberal justices, along with conservative justices Amy Coney Barrett and Neil Gorsuch. Justices Clarence Thomas, Brett Kavanaugh, and Samuel Alito dissented. […]

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Trump tells Americans ‘the best is yet to come’ ahead of national address

President Donald Trump has told Americans that “the best is yet to come” as he prepares to deliver a nationally televised address from the White House, promising to outline what he sees as major achievements and future plans for the country. The primetime speech, scheduled for Wednesday at 9 p.m. Eastern Time, comes as recent polls show growing public dissatisfaction with his handling of the economy and cost of living.​ In a social media post announcing the address, Trump said it had been “a great year” for the United States and insisted that better days lie ahead. He is expected to use the speech to defend his economic agenda, immigration policies and security measures, while arguing that his administration is steering the country towards renewed prosperity.​ The president is likely to emphasise job creation, stock market gains and efforts to […]

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Trump Signs Order Cutting Tariffs on Beef, Coffee, and Other Essential Imports

President Donald Trump signed an order exempting agricultural imports such as beef, bananas, coffee, tomatoes, and more from US tariffs, effective Thursday, to mitigate cost-of-living pressures. This move comes as American voters face rising prices, especially for beef and coffee, which have jumped roughly 20% this year due to climate shocks and disrupted trade. The tariff exemptions also include avocados, coconuts, and pineapples—products not grown in the US in sufficient quantity. Coffee industry leaders praise the decision, saying it will stabilize prices for consumers and secure supply for businesses. The order follows new trade deals with Argentina, Guatemala, Ecuador, and El Salvador, which also benefit from tariff waivers for certain agricultural goods. While Trump’s administration maintains tariffs on some items to address perceived unfair trade practices, these exemptions specifically target commodities critical for domestic demand and affordability. Policymakers acknowledge that […]

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US House to Vote on Budget Ending Longest Shutdown in History

A decisive vote is expected in the US House of Representatives on Wednesday to approve a budget bill that could end the country’s longest-ever government shutdown, now in its 42nd day. Lawmakers are returning to Washington to consider a Senate-approved package that would fund federal agencies for two months. Republican leaders say they are confident the measure will pass despite their slim majority, while top Democrats have vowed to oppose it. President Donald Trump has indicated he will sign the bill once it reaches his desk. “We’re opening up our country,” he said during a Veterans Day event in Arlington, Virginia. “Should have never been closed.” The shutdown, which began on October 1, has left one million federal workers without pay, disrupted food assistance programs, and caused major air travel delays. On Tuesday, nearly 1,200 flights were cancelled as unpaid […]

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US jobs market weakens in August as unemployment rises to 4.3%

The US jobs market showed fresh signs of weakness in August, adding to growing concerns about the health of the world’s largest economy. According to the Labor Department, employers created just 22,000 jobs last month, well below expectations, while the unemployment rate edged up from 4.2% to 4.3%. The figures marked the latest in a series of disappointing data releases. Earlier revisions revealed that hiring in May and June was far weaker than initially reported, with June actually recording a job loss — the first monthly decline since 2020. The slowdown underscores a broader cooling trend that began after the post-pandemic rebound. The data virtually guarantees that the Federal Reserve will cut interest rates at its upcoming meeting, investors said. “The warning bell that rang in the labour market a month ago just got louder,” noted Olu Sonola, head of […]

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Fed’s Lisa Cook Battles Trump’s Firing Attempt

Federal Reserve Governor Lisa Cook will head to federal court on Friday to seek an emergency temporary restraining order to block her removal by President Donald Trump. The move comes as part of a legal battle over the president’s attempt to fire her from the Federal Reserve Board of Governors. Trump announced Cook’s removal in a letter posted on his Truth Social account earlier this week, alleging mortgage fraud. The announcement escalates his long-running feud with the Fed, an institution that has historically operated independently of the White House. In response, Cook filed a lawsuit challenging the dismissal, asking the court to declare Trump’s firing order “unlawful and void.” The case could have significant implications for the autonomy of the US central bank. Democrats have sharply criticized Trump’s action, describing it as an unprecedented level of political interference in the […]

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Trump Says Fed Chair’s ‘Termination Cannot Come Fast Enough’

President Trump lashed out at Jerome H. Powell, the chair of the Federal Reserve, on Thursday, saying “Powell’s termination cannot come fast enough!” Mr. Trump’s ire followed remarks by Mr. Powell on Wednesday, in which he warned in a speech that tariffs could create a “challenging scenario” for the central bank by putting its two main goals — stable inflation and a healthy labor market — in tension. Mr. Powell reiterated that the Fed could afford to be patient with its interest rate decisions until it had more clarity about Mr. Trump’s policies. The Fed chair’s emphasis on the need to ensure that a temporary rise in inflation from tariffs did not become a more persistent problem suggested that the bar for further rate cuts was high. The president has been pushing for Mr. Powell to cut rates. On Thursday, […]

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