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The Latest Breaking News from Donald Trump

Peter Schiff Says Scott Bessent Is 'Misinformed' on Gold Certificate Redemption Claim: 'Why Should We Trust' Fort Knox?

Renowned economist Peter Schiff on Wednesday called Treasury Secretary Scott Bessent‘s remarks during an interview about old gold and silver certificates “misinformed,” questioning the secretary’s understanding of U.S. currency history.

Benzinga

Jamie Dimon Backs Philadelphia Navy Yard With $24 Million as US Defense Spending Surges, Says 'The Arsenal of Democracy Has Been Reignited'

Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), has announced a $24 million initiative aimed at rejuvenating the American shipbuilding industry.

Benzinga

Iran warns Strait of Hormuz is a 'red line' and will resist until the end

Iran vows to strike regional infrastructure if President Trump attacks its infrastructure. The US is targeting Iran's military capabilities while reimposing a naval blockade. Iran declared the Strait of Hormuz an inviolable red line for global oil shipments. Tehran warned neighbors against assisting US attacks, threatening retaliation. This escalation raises…

The Economic Times

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US unveils new 25% tariff on some imports from Brazil

WASHINGTON - The United States on Wednesday announced a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant's trade and other policies.

Bangkok Post

US expands strikes into northern Iran and disables ship trying to run blockade

The United States intensified its strikes against Iran, hitting targets farther north. Iran retaliated by launching missiles and drones at US allies in the region. The interim ceasefire has collapsed, leading to days of back-and-forth attacks. The conflict is focused on the Strait of Hormuz, impacting shipping traffic. Efforts continue…

The Economic Times

Marco Rubio Says President Lula 'Put His Ego Ahead of Making a Deal' as Trump Slaps Brazil With 25% Tariffs

The Trump Administration announced a 25% tariff on most Brazilian imports late Wednesday, effective July 22.

Benzinga

Nancy Pelosi Slams Trump, GOP Budget as 'America Last' Plan, Says Republicans Spend $73 Billion on 'Endless Wars'

Former House Speaker Nancy Pelosi criticized President Donald Trump and congressional Republicans, arguing that their budget priorities favor military spending over addressing the financial challenges facing American families.

Benzinga

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Iran reports fresh strikes near Qeshm Island and accuses US over ‘barbaric’ hospital attack – as it happened

Iranian news agencies say a US missile hit island in strait of Hormuz, after foreign ministry said children’s cancer hospital in Ahvaz had to be evacuated

The Guardian - AU

Alix Earle Says She’s Not A Trump Girlie, But The Internet Remembers That Flag

Creator Alix Earle has finally cleared up the rumours of whether or not she is a supporter of Donald Trump.

Pedestrian.tv

A case for less talk? Making sense of Fed's flip-flops over past one year

The call from Federal Reserve chief Kevin Warsh to curtail policy guidance is gathering momentum, with Fed Governor Chris Waller making a notable leap from dovish to hawkish stances. Michelle Bowman has also shown a marked transformation in her policy views. Meanwhile, Stephen Miran is advocating for a focus on…

The Economic Times

MAGA Erupts After JD Vance Admits Trump Administration Mishandled Epstein Files

JD Vance criticises the Trump administration's handling of the Epstein files, admitting communication failures. His remarks spark speculation about his political ambitions for 2028 presidential run.

International Business Times UK

'We will kill Trump': Tehran puts up gigantic billboard depicting US president in coffin

A large billboard showing Donald Trump in a coffin appeared in Tehran's Enghelab Square. This display coincided with renewed military strikes between the United States and Iran. US forces conducted strikes targeting Iranian command centers and air defense systems. Iranian authorities reported a missile strike near a cancer hospital in…

The Times of India

Who is Dena Karari? Why was the Iranian-American tech professional detained by Iran

An American citizen, Dena Karari, has been released from Iran. She was detained in December 2024 on espionage charges. President Trump announced her release as a gesture of goodwill. Karari is a dual national who ran a US-registered non-profit. Her release occurred amid renewed military confrontation between the US and…

The Economic Times

China and India facing 100% tariff for buying Russian oil under new US sanctions bill

Donald Trump says there is a ‘good chance’ that this bill passes

The Independent UK

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International Business Times UK

Donald Trump Accused of Using Lindsey Graham's Alleged 'Closeted Sexuality' to Keep Him Politically Loyal

Fresh allegations suggest Donald Trump may have used private rumours about Lindsey Graham's alleged sexuality to influence him, sparking debate after Graham's death.

Benzinga

Ted Lieu Slams Scott Bessent Over Trump $1 Coin Push, Says 'Can You Please Focus on the Economy?'

Rep. Ted Lieu (D-Calif.) criticized Treasury Secretary Scott Bessent after he promoted a new Trump-themed $1 gold coin, arguing the administration should focus more on economic challenges facing Americans.

Benzinga

Analyst Sees $4 Gas if Current Trends Continue, Warns Failure to Hit 9 Million Barrels Per Day Could Signal 'Demand Destruction'

Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain.

The Independent UK

Ukraine-Russia war latest: Zelensky sparks outrage and protests after sacking popular defence minister

Mykhailo Fedorov fell out with the head of Ukraine’s armed forces

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The Guardian - UK

Brazil vows to retaliate if US imposes 25% tariffs on some of its products

President Lula’s office says US move is result of pressure on White House by family of predecessor Jair Bolsonaro

The Economic Times

Oil is crude once again! Is $95 the new normal and what it means for Indian investors?

Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances significantly. Higher oil prices will likely pressure the Indian rupee and fuel inflation. Indian equity markets may experience a broad risk-off reaction. Sectors like aviation and logistics face increased…

Benzinga

Bernie Sanders Says Trump 'Lied' About 10% Credit Card Rate Cap, Points to Big Banks Making Billions Charging 25-30% Interest Rates

Sen. Bernie Sanders (I-Vt) on Wednesday said President Donald Trump lied about his promise to cap credit card interest rates at 10% while major banks continued to earn billions from consumer lending.

Benzinga

Trump Slams New York Data Center Moratorium as 'Terrible Decision' While Bill Ackman Points to AI Race With China and Says, 'Democracy at Risk'

On Wednesday, President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers.

The Independent UK

Iran-US war latest: US marines board tanker in Strait of Hormuz as Trump’s latest strikes kill seven

Tehran warns it could close a second key oil route as it retaliates against American allies

The Economic Times

Trump expected to make election conspiracies a focus of Thursday's national address

President Donald Trump will address the nation on Thursday about elections and voting machines. He is expected to revisit unproven claims about past election losses. The White House stated the speech content could still change before Thursday. Democrats expressed concern about Trump reviving false claims to influence upcoming elections. Republican…

The Economic Times

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

As nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is rapidly declining. Forecasts suggest that by 2030, these overland alternatives will overshadow maritime transport through the strait. This will likely lead to a reduction in Iran's capacity…

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