House Republicans have passed a sweeping multi-trillion-dollar tax breaks package, a narrow victory for President Donald Trump and House Speaker Mike Johnson after weeks of negotiations with conservative holdouts. Trump’s “big, beautiful bill” passed with a vote of 215 votes to 214, with two Republicans joining Democrats to oppose itContinue Reading
The Department of Homeland Security on Thursday revoked Harvard University’s Student and Exchange Visitor Program certification, effectively halting the school’s ability to enroll international students. Existing foreign students at Harvard must transfer or risk losing their legal status, according to DHS. In a letter to Harvard, Department of Homeland SecurityContinue Reading
President Donald Trump’s recent threat to impose a potential 100% tariff on foreign films entering the United States has stirred up a storm of panic within the international filmmaking community, with much anxiety sweeping across the vibrant and emerging African cinema sector. The impact of this move could be significantContinue Reading
With US President Donald Trump due to visit Gulf states this week, a key focus will be securing significant new investment for the US economy. “President Trump wants the announcement [of more Gulf money for the US],” says economist Karen Young, a senior fellow at the Middle East Institute thinkContinue Reading
The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK. The announcement offers relief for key UK industries from some of the new tariffsContinue Reading
The United States is working to bring the first group of white South Africans it has classified as refugees to the country early next week, The New York Times reported on Friday, citing officials briefed on the plans and documents obtained by the newspaper. U.S. President Donald Trump’s administration plansContinue Reading
US President Donald Trump says the opportunity for Russia to play at the 2026 World Cup could be an “incentive” to end the war in Ukraine. The Russian national football team has been banned from international competition by FIFA and UEFA since the country’s invasion of Ukraine in 2022. Trump campaigned toContinue Reading
Donald Trump says he will talk with Hollywood executives, after an earlier announcement that he would hit films made in foreign countries with 100% tariffs sent shockwaves through the industry. The US president said on Sunday he was authorising the commerce department to start the process to impose the levyContinue Reading
Gold price fell nearly 2% to a two-week low on Thursday May 1, 2025, as signs of easing trade tensions boosted risk appetite and reduced bullion’s safe-haven appeal, while a stronger U.S. dollar also weighed on prices. Spot gold was down almost 2% to $3,222.66 an ounce, after hitting itsContinue Reading
The trade war between the world’s two biggest economies shows no signs of slowing down – Beijing has vowed to “fight to the end” hours after US President Donald Trump threatened to nearly double the tariffs on China. That could leave most Chinese imports facing a staggering 104% tax –Continue Reading