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Business chiefs urge Trump to ease up on immigration crackdown after Georgia raid
EPA/Shutterstock President Donald Trump is facing calls from business leaders to “turn the page” on his immigration crackdown after a raid at a Hyundai plant in the US state of Georgia. It was the largest such raid in US immigration history, sweeping up 475 workers, including about 300 people from South Korea. The decision to…
Trump raises US tariffs on South Korea imports to 25%
US President Donald Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of “not living up” to a trade deal reached last year. In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, lumber,…
Tech billionaires seem to be doom prepping. Should we be worried?
Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
Trump administration to roll back fuel economy rules set under Biden
Natalie ShermanBusiness reporter Getty Images The US is set to loosen its fuel economy rules, reversing another Biden-era policy that had been expected to lead to increased take-up of electric cars. US President Donald Trump announced the proposal at the White House, where officials said the prior standards were not realistically achievable and were driving…
Europe wont be blackmailed, Danish PM says in wake of Trump Greenland threats
Reuters Mette Frederiksen and other European allies are standing in solidarity with Greenland, despite Trump’s threat of tariffs Denmark’s Prime Minister Mette Frederiksen says “Europe won’t be blackmailed”, as she and other European leaders continue to weigh their response to US President Donald Trump’s tariff threats over Greenland. Trump says he will impose new taxes…
Tynwald committee warns against systematic reliance on reserves
BBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
