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Trump announces new tariffs on trucks, drugs and kitchen cabinets
Posted onUS President Donald Trump announced a new wave of tariffs on Thursday, including a 100% levy on branded drugs that are manufactured outside the US. Washington will also impose a 25% tariffs on imports of all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets, he said on his Truth Social platform. “The reason…
Trump’s global tariffs ‘victory’ may come at a high price
Posted onBBC In April Donald Trump stunned the world by announcing sweeping new import tariffs – only to put most on hold amid the resulting global financial panic. Four months later, the US president is touting what he claims are a series of victories, having unveiled a handful of deals with trading partners and unilaterally imposed…
Hamas returns 10th body as fragile Gaza ceasefire holds
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has returned the body of another hostage, Israeli officials said, as part of a US-brokered deal meant to end the devastating two-year war in Gaza. The office of Israeli Prime Minister Benjamin Netanyahu said…
