Tag: Breaking News: Politics
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U.S. Trade Rep Greer blames Canada for failed tariff talks: ‘They wanted more’
Canadian negotiators left Washington Friday without a deal to prevent President Donald Trump from enacting new 50% tariffs on about $20 billion worth of goods.
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Trump Media CEO defends selling faster access to president’s Truth Social posts, says more have signed up
Trump Media interim CEO Kevin McGurn defended his company offering faster access to President Donald Trump’s Truth Social posts.
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Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
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France, UK step up missile support for Ukraine as European leaders meet
France and the U.K. are boosting their missile support for Ukraine following deadly Russian drone strikes.
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U.S. to unveil ‘greatest financial offensive’ against Iran as Tehran threatens ship seizures
The escalation came as both sides have missed a 60-day ceasefire window to reach a deal, closing off the formal truce mechanism to end the six-month war.
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Treasury Secretary to announce Iran sanctions as Tehran dismisses economic warfare threat
Bessent told CNBC that the sanctions will be the “toughest” in history.
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Democratic House leader Jeffries meets with Jared Kushner as midterms loom
Democrats are currently favored to win a majority in the House of Representatives after November’s elections.
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Small UK power plant shut down after cyberattack linked to Iran: Telegraph
The U.K. government says the incident did not pose a risk to the country’s energy system, adding that it briefed CEOs of companies in the sector with advice.
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U.S.-Canada trade talks collapse, ushering in wave of new tariffs
New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday.
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Ahead of tough new U.S. sanctions, Iran criticizes ‘extraterritorial sovereignty’
U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that the proposed economic measures will likely negate the need for major U.S. military operations.
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