President Trump's latest move has stirred the global trade pot. He announced a 19% tax on goods coming into the US from the Philippines. This came after a chat with the Philippines' leader at the White House. Trump shared the news on social media, calling it a "beautiful visit" and a "Trade Deal. " But he didn't spill the beans on the details. The Philippines hasn't...
The White House is hinting that some countries might get extra time to finalize trade deals before tariffs kick in. Stephen Miran, head of the White House Council of Economic Advisers, shared this during an interview. He mentioned that countries making real efforts could see their deadlines extended. Miran stayed vague about which countries might get this extension....
House Republicans, after some initial resistance, have decided to support President Trump's agenda. This decision comes after days of debate and threats to block the bill. The bill, which includes tax cuts and spending increases, has faced criticism from both conservative and moderate Republicans. The House has already taken a crucial step by voting to advance the b...
Canada and the U. S. are talking again. Why? Because Canada decided not to tax big U. S. tech companies. This tax was a big deal. It would have hit companies like Amazon, Google, and Meta. The tax was set to start soon, but Canada changed its mind. President Trump was not happy about the tax. He said it was unfair to the U. S. He even stopped all trade talks with Ca...
The clock is ticking on trade negotiations, and the US economy might feel the heat soon. With just over a week left before the 90-day pause on "Liberation Day" tariffs ends, the White House is scrambling to finalize deals. But with only two agreements signed and many more to go, the July 9 deadline seems far-fetched. President Trump has been talking big about trade ...
Russia's response to Ukraine's daring drone strike on its air bases was swift and clear: no backing down. This move was not a surprise to many who have been following the conflict. For weeks, the world waited for Russia to put its ceasefire demands in writing. Finally, on a Monday, Russian envoys in Istanbul released a memorandum that laid out Russia's terms. However...
Russia's latest move in the Ukraine conflict involved a massive drone attack. This was one of the largest drone strikes since the war began. It happened on a Sunday. The attack happened just one day before a major discussion was set to take place. President Trump was supposed to talk with President Vladimir Putin. The talk was supposed to push for a cease-fire d...
The Senate recently made a significant step in regulating cryptocurrencies. A bill aimed at creating rules for stablecoins, which are digital tokens tied to traditional currencies, got a big push forward. This happened after a group of senators from both major parties worked out a deal. The vote was 66 to 32, with several Democrats joining most Republicans to move t...
The situation in Gaza has taken a dramatic turn with Israel's latest military moves. It's important to understand the context. Israel's military has intensified its operations, launching a significant ground offensive in Gaza. This move comes as the US President's visit to the region failed to secure a ceasefire or a hostage deal. The Israeli military has been ac...
Republicans are hustling to fix their big tax cut and border security plan. They are planning a rare Sunday night meeting to push it forward. This comes after a setback on Friday. The House Budget Committee voted against moving the bill ahead. Five Republicans joined Democrats in voting no. They had worries about the bill's impact on the federal budget. The bill has...