President-elect Donald Trump is underscoring his intention to block the purchase of US Steel by Japanese steelmaker Nippon Steel Corp, and he's pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker. Trump had vowed early in the presidential campaign that he would instantaneously block the deal, and he reiterated that sentiment in a post on his Truth Social platform on Monday night. I am totally against the once great and powerful US Steel being bought by a foreign company and will use tax incentives and tariffs to make US Steel Strong and Great Again, and it will happen FAST! he wrote. As President," he continued, "I will block this deal from happening. Buyer Beware!!! President Joe Biden, like Trump, also opposes Nippon Steel's purchase of Pittsburgh-based US Steel. Biden's White House in September said that it had yet to see a report from the secretive Committee on Foreign Investment in the United States, which was reviewing the transaction for .
Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.
Pakistan may no longer be a US foreign policy priority, but policymakers in Islamabad and Rawalpindi are reportedly monitoring President-elect Donald Trump's key nominations closely
President-elect Donald Trump's statements during his campaign have heightened fears that sweeping and controversial changes are likely at the Pentagon during his second term
US President-elect Donald Trump is reportedly expected to nominate Senator Marco Rubio, a China hawk and pro-India leader, as his Secretary of State
Other South Asian leaders can't rely on the warm personal relationship that Trump shares with Prime Minister Narendra Modi
Donald Trump was reelected as US President despite being a convicted felon awaiting sentencing in a New York hush money case and as he fights against prosecution in other US state and federal cases
With Donald Trump winning the 2024 US presidential election after beating Kamala Harris, Americans of Indian descent like Vivek Ramaswamy, Kash Patel, and Bobby Jindal could clinch top US govt roles
The rupee suffered its worst day in 4-1/2 months on Wednesday, mirroring the slump in other Asian currencies amid uncertainty over what a Trump presidency will bring
US Presidential election 2024: Republican candidate Donald Trump crosses the 270-majority mark
Donald Trump on Wednesday trounced Kamala Harris to win the US presidency again. Here's what this means for India when it comes to defence and security, trade and foreign policy
The final New York Times/Siena poll shows Democratic Vice-President Kamala Harris leading by a very small margin or tied with Republican former President Donald Trump in all the swing states
Congress is expected on Wednesday to give swift approval to a temporary spending bill that would keep federal agencies funded when the new fiscal year begins next Tuesday, avoiding a potential shutdown showdown just weeks before the November 5 election. The stopgap measure generally funds agencies at current levels through December 20, but an additional USD 231 million was included to bolster the Secret Service after the two assassination attempts against Republican presidential nominee Donald Trump. Money was also added to aid with the presidential transition, among other things. House Speaker Mike Johnson, R-La., billed the measure as doing only what's absolutely necessary", a statement directed at members of his own conference concerned about spending levels. Still, it's a no-go for some Republicans, forcing House GOP leadership to rely on Democratic votes to pass the bill through a process that requires at least two-thirds support from voting members. Johnson said the only ...
Former US President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire, according to newly released financial disclosures. The details come from documents filed by Trump as part of his Republican presidential bid that were released Thursday night. The more than 200 pages of paperwork give a limited picture of the real estate developer-turned reality TV star-turned-president's money and investments. In accordance with federal law, most assets' values are listed in a range, though Trump reports the precise figure for some of his income. The document does not detail the former president's business losses, making it impossible to determine how much of a profit any of his myriad holdings provides. But it provides a glimpse at Trump's vast wealth and some new details about the unusual ways he makes money. UNUSUAL INVESTMENTS AND SOURCES OF ...
Vice President Kamala Harris declared herself and her new running mate, Minnesota Gov. Tim Walz, joyful warriors" against Donald Trump on Wednesday as they spent their first full day campaigning together across the Midwest. They got an unusual glimpse of how hotly contested the region will be when they overlapped on a Wisconsin tarmac with Republican vice presidential nominee JD Vance. The Democrats visited Wisconsin and Michigan, hoping to shore up support among the younger, diverse, labor-friendly voters who were instrumental in helping President Joe Biden win the 2020 election. Harris told the day's first rally in Eau Claire, "As Tim Walz likes to point out, we are joyful warriors. Contributing to that feeling, the Harris campaign said it had raised $36 million in the first 24 hours after she announced Walz as her running mate. The vice president said the pair look on the future with optimism, unlike Trump, the former president and Republican White House nominee, whom she accused
The Trump campaign has filed a complaint with the Federal Election Commission arguing that money raised for US President Joe Biden's 2024 reelection bid could not be transferred to Vice President Kamala Harris' presidential campaign. The complaint was filed on Tuesday by the Trump campaign's general counsel David Warrington and argues that transferring the funds to Harris's presidential campaign would amount to flagrantly violating" the Federal Election Campaign Act of 1971. On Sunday, President Biden announced that he was withdrawing from the race for the White House on November 5 and endorsed Harris amid mounting pressure from top Democrats and donors following his disastrous presidential debate against Trump in late June. "Kamala Harris is seeking to perpetrate a USD 91.5 million dollar heist of Joe Biden's leftover campaign cash a brazen money grab that would constitute the single largest excessive contribution and biggest violation in the history of the Federal Election Campai
59-year-old Harris, whom Biden has endorsed, or virtually every other Democrat who could end up atop the ticket would deprive Trump of the argument, and might even be able to turn the tables on him
Donald Trump assassination attempt: Trump suffered an injury in his right ear following a failed assassination attempt on the former US president by a 20-year-old shooter identified as Thomas Crooks
Donald Trump returned to the campaign trail Thursday with a trip to Arizona, his first appearance in a battleground state since he was convicted in a hush money scandal, repeating his critiques of the case against him as politically motivated and calling for his conviction to be overturned on appeal. Those appellate courts have to step up and straighten things out or we're not going to have a country anymore," Trump said at a Phoenix town hall organised by Turning Point, a conservative youth organisation that has seen its influence rise alongside Trump's takeover of the GOP. Trump is expected to appeal last month's conviction on all 34 charges in his New York hush money trial, in which he became the first former American president to be convicted of felony crimes. He responded defiantly to the verdict against him a day after a New York jury found him guilty last week of a scheme to illegally influence the 2016 election through a hush money payment to a porn actor but had not spoken .