Trump floats China tariff cut ahead of trade talks
Friday, 9 May 2025 () Donald Trump has floated the idea of cutting US trade tariffs against China to 80%, as key peace talks between the sides prepare to get underway.
Asian markets surged after the U.S. and China held "substantial" trade talks in Geneva, offering hope for a resolution to the tariff war that has shaken global markets. With earlier tariffs reaching as high as 145% on Chinese goods and 125% in retaliation, fears of a recession had loomed large. But...
Elon Musk has stepped down from Donald Trump’s Department of Government Efficiency (Doge), sparking intense speculation over who will succeed him. The frontrunner appears to be Indian-origin entrepreneur Vivek Ramaswamy, who was initially appointed to co-run Doge before exiting to pursue gubernatorial ambitions. Other contenders include Amy Gleason, Tom Krause, and even a 23-year-old former intern. As Doge reels from Musk’s controversial reforms and job cuts, Trump remains tight-lipped, while questions swirl about the agency’s future and who will lead its radical mission next.
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In a major development, Hamas has officially submitted its response to the Trump-backed Witkoff ceasefire proposal, signaling potential movement in the long-stalled negotiations. According to sources, Hamas has agreed to release 10 living hostages and return the bodies of 18 more—if key conditions are met. The group’s reply comes amid increasing pressure on both sides to halt the conflict. Israeli officials are now reviewing the proposal, as global eyes turn to whether Netanyahu’s war cabinet will accept Hamas’ terms or prolong the fighting.
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EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50%
During a rally at a steel plant the US president announced that he will double tariffs on steel imports. Afterwards, he announced the same for aluminium. The measure, which would hit Europe hard, is supposed to come into force on 4 June.
READ MORE : http://www.euronews.com/2025/05/31/trump-announces-50-increase-on-steel-and-aluminium-tariffs
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Credit: euronews (in English) Duration: 00:50Published
Harvard University President Alan Garber took a pointed jab at Donald Trump during his commencement address to the Class of 2025, winning a standing ovation after praising students “from around the world.” The remark came just days after the Trump administration attempted to revoke Harvard’s certification to admit international students and canceled $100 million in federal contracts. Garber’s subtle but sharp dig underscored Harvard’s defiance amid growing political hostility and reaffirmed the university’s commitment to global inclusion and academic freedom.
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President Trump announced "great progress" in US-China trade talks in Geneva, hinting at a potential "total reset" in relations. Discussions, led by US and... IndiaTimes
US stocks surged following President Trump's announcement of a comprehensive trade agreement with the UK, boosting global market sentiment. Gains were seen... IndiaTimes
The Trump administration is reportedly considering slashing tariffs on Chinese imports from 145% to between 50% and 54%, potentially as early as next week, ahead... IndiaTimes