Donald Trump has attacked the head of the US central bank for not cutting interest rates, stating that Jerome Powell’s “termination cannot come fast enough!”. The US president took to social media to renew his criticism of Powell ahead of the third interest rate cut this year by European Central Bank (ECB). On Thursday, it…
Charlotte Edwards Business reporter, BBC News Getty Images The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It added “severe downside risks”, including reciprocal tariffs and political uncertainty, could lead to an even sharper decline in global goods trade. “The decline is expected…
Donald Trump is going to “make America’s showers great again” by easing rules restricting water flow, the White House says. The US president is ordering the energy secretary to rescind a change introduced by Barack Obama that restricted multi-nozzle showers from discharging over 2.5 gallons of water per minute overall. This served “a radical green…
Donald Trump has threatened China with an extra tariff of 50% on goods imported into the US if it does not withdraw a countermeasure and reiterated he would not pause on others tariffs as global markets tumbled for a third day. Speaking at the White House on Monday the US president said that he is…
The sharp fall in stock markets across the world shows no sign of letting up after the US imposition of sweeping and swingeing tariffs and many are asking does this qualify as a stock market “crash” and what that could mean for them? The word crash has been used sparingly over the decades and is…
Ben Chu & Tom Edgington BBC Verify Getty Images US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the “worst offenders”. But how exactly were these tariffs – essentially taxes on imports – worked out? BBC Verify…
Donald Trump has said he is “very angry” and “pissed off” with Russian President Vladimir Putin after weeks of attempting to negotiate a ceasefire in Ukraine. In an NBC News interview, the US president said he was angry with Putin for attacking Ukrainian President Volodymyr Zelensky’s credibility, and threatened to impose a 50% tariff on…
Work is underway to make all men in Poland undergo military training, Prime Minister Donald Tusk said. In a speech to the Polish parliament, Tusk said the government aimed to give full details in the coming months. Efforts are being made to “prepare large-scale military training for every adult male in Poland,” he told the…
BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for short — is an initiative President Donald Trump set up to optimize the federal government and…
Basillioh Rukanga BBC News AFP People from Lesotho are called Basotho US President Donald Trump has said that “nobody has ever heard of” the African country of Lesotho – a comment that has “shocked” its government. It is a small country in southern Africa that almost entirely consists of mountains and is completely surrounded by…
