The Latest Breaking News from Donald Trump

A former Liberal deputy mayor who became "Trump's favourite author" has won the US president's nomination to be ambassador to Malaysia.

Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump's latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies.

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

‘I know the names of the individuals. I know why they’re being suppressed. I know who’s suppressing them,’ Alan Dershowitz said in March

The agency said the six unnamed individuals face punishments ranging from ’10- to 42-day suspensions without pay’.

It was unclear from Trump's Thursday letter how the higher tariffs would interact with the 2020 United States Mexico Canada Agreement that Trump negotiated. Under the current tariff regime, the USMCA has protected eligible goods. But a review of the pact is scheduled for 2026.

Nearly 15% of domestic workforce to be let go in major restructuring of diplomatic corps – key US politics stories from Thursday 10 July

US Secretary of State Marco Rubio will meet his Chinese counterpart Wang Yi on Friday on the sidelines of ASEAN talks in Malaysia where Washington's tariffs are in sharp focus.

US president also eyes blanket tariffs of 15 to 20 percent on other trading partners as his trade war widens.

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.

Brazil’s President, Luiz Inácio Lula da Silva, issued a warning Thursday about potential retaliatory tariffs if the U.S. proceeds with its planned 50% tax on Brazilian imports from Aug. 1.