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The Latest Breaking News from Donald Trump

South Africa braces for heavy job losses as stiff US tariffs take hold

As sweeping new US tariffs take effect on Thursday, dozens of countries are facing sharp new duties on their exports. South Africa is among the hardest hit, with key goods now subject to a 30 percent tariff and up to 100,000 jobs on the line.

Radio France Internationale

Toyota reports a 37% drop in profit, cuts its forecast due to Trump's tariffs

Toyota has reported its profit plunged 37% in the April-June quarter and it lowered its full year earnings forecasts, largely because of President Donald Trump’s tariffs

The Independent UK

Trump Backs FBI Intervention As Texas Republicans Hunt Democrats Amid Quorum Crisis

Texas Republicans are escalating their efforts to apprehend Democratic lawmakers who fled the state to block a controversial redistricting plan that could hand the GOP five additional seats in Congress.

Benzinga

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Asian shares mostly climb after a rally for Apple led Wall Street higher

Asian shares are mostly higher after a rally for Apple led Wall Street gains

The Independent UK

Trump’s new import tariffs now in force against scores of countries as trade war escalates

The U.S. president has imposed tariffs as high as 50 percent after claiming other countries are ‘taking advantage’

The Independent UK

India hits back at Trump over ‘unfair’ 50% tariffs

India says it will take all necessary measures to safeguard its national interests and economic security

The Independent UK

Trump May End Up Exposing US Consumers As 'Paper Tigers,' Says Economist Peter Schiff On 50% India Tariffs

Economist Peter Schiff warned Tuesday that President Donald Trump's decision to double tariffs on Indian imports to 50% could "expose the U.S. consumer as a paper tiger," predicting a dollar crash that would "impoverish Americans but enrich foreign consumers, particularly the BRICs."

Benzinga

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Sony raises its profit forecast after saying it expects less damage from Trump's tariffs

Japanese entertainment and electronics company Sony says its profit surged 23% in the last quarter from the year before, as damage from U.S. President Donald Trump’s tariffs was less than it had expected

The Independent UK

Former Superman actor Dean Cain reveals he’s becoming an Ice agent to support Trump’s mass deportation agenda

The actor will be sworn in ‘ASAP’ amid the federal agency’s recruitment drive and unprecedented immigration raids that have sparked protest across the US

The Guardian - AU

Apple, Nvidia Supplier TSMC Surges Nearly 5% In Overnight Trade As Taipei Says Chip Giant 'Exempt' From Trump's 100% Chip Tariffs

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) jumped 4.68% to $242.19 in overnight trade following confirmation from Taiwanese officials that the world’s largest contract chipmaker is exempt from President Donald Trump‘s proposed 100% tariffs on semiconductor chips.

Benzinga

Haunted by Merkel: Trump still grappling with Europe’s lost leader

Trump spoke on CNBC about the current state of markets in the US, but was quizzed about the EU-US trade deal, and reminisced about a conversation with former German chancellor Angela Merkel.

Euronews

Bank of England poised to cut interest rates

Quarter-point reduction expected, with City investors predicting a three-way split among rate setters

The Guardian - UK

China Says Trade Jumped In July, Beating Forecasts

China's exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas shipments buoyed its struggling economy even as it navigated a shaky trade war truce with the United States.

International Business Times

Apple's $100 Billion Manufacturing Push Likely Won't Raise Product Prices, Says Gene Munster — Made In USA iPhone Still Off The Table

Apple Inc.'s (NASDAQ:AAPL) latest $100 billion investment in U.S. manufacturing is unlikely to impact product pricing, according to Deepwater Asset Management's Gene Munster, who says iPhone assembly will continue to take place abroad.

Benzinga

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International Business Times

Higher US Tariffs Take Effect On Dozens Of Economies

Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape global trade.

Euronews

Victims of Jeffrey Epstein report feeling 'anxious, exhausted' about disputes regarding sealed files

Some victims of disgraced sex offender Jeffrey Epstein’s victims expressed concern over reports the Trump administration may be considering offering his former girlfriend Ghislaine Maxwell immunity if she testifies before Congress in their efforts to make the scandal go away.

The Independent UK

Harvard scientists say research could be set back years after funding freeze

Hundreds of Harvard researchers have fallen victim to the freeze on funding by the Trump administration

The Guardian - UK

Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect

Donald Trump’s latest wave of ‘reciprocal’ rates were in place as of a minute past midnight Washington time on Thursday

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Benzinga

Trump Eyes Putin Meeting After 'Great Progress' In Moscow—Zelenskyy Talks Also On The Table

President Donald Trump could meet with Russian President Vladimir Putin as early as next week to discuss Ukraine peace negotiations, a White House official said on Wednesday, as markets brace for the potential implementation of sanctions targeting the global oil trade.

Benzinga

Trump Admins' 401(k) Private Equity Experiment Picks Up Speed, But Retirement Advisors Worried About The Risk

Retirement savers are getting a new window into private markets, but a fresh debate has begun brewing over whether the asset class belongs in everyday 401(k)s.

Benzinga

Apple, Airbnb, TSMC, AppLovin Corp. And DraftKings: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market saw a positive day with the Nasdaq gaining around 1.2%, closing at 21,169.42. The SP 500 also rose by 0.7% to 6,345.06, while the Dow Jones Industrial Average increased by 0.2% to 44,193.12.

Al Jazeera

Trump announces 100 percent tariff on semiconductor imports

US President Donald Trump said the tariff will not impact companies if they have already invested in US facilities.

International Business Times

Markets Rise As Trump Chip Exemptions Boost Tech Giants

Asian equities rose Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the United States would be exempted from a threatened 100-percent tariff on semiconductors.

Al Jazeera

Why Trump’s secondary tariffs on Russia could bite the US, its allies too

China and India would be hit hardest. But Europe would be affected, and the US would face risks as well.

The Guardian - US

Trump plans 100% tariffs on chips but spares companies ‘building in US’

President’s plan expected to increase cost of electronics and household goods but US-produced chips to be exempt

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