Tag #Donald Trump

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smh.com.au

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Jul 23, 01:12

Maxwell to Meet with Justice Department Amid Epstein Scandal

Ghislaine Maxwell, imprisoned for sex trafficking, will meet with the US Justice Department to discuss potential new evidence in the Jeffrey Epstein case, sparking speculation of a presidential pardon and highlighting ongoing political pressure on President Trump.

Maxwell to Meet with Justice Department Amid Epstein Scandal

Ghislaine Maxwell, imprisoned for sex trafficking, will meet with the US Justice Department to discuss potential new evidence in the Jeffrey Epstein case, sparking speculation of a presidential pardon and highlighting ongoing political pressure on President Trump.

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Peace, Justice, and Strong Institutions

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How has the pressure from Trump's supporters regarding the Epstein case affected his stance and actions?

The upcoming meeting between Maxwell and the Justice Department is fueled by pressure on Trump from his MAGA base, who believe the Epstein case involves prominent figures. Trump initially supported releasing Epstein-related records but later downplayed the scandal, calling it a "hoax". The House Republicans adjourned early to avoid votes on the matter, highlighting political divisions surrounding the issue.

nbcnews.com

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Jul 23, 01:12

House Oversight Committee to Subpoena Ghislaine Maxwell

The House Oversight Committee will subpoena Jeffrey Epstein associate Ghislaine Maxwell, currently imprisoned for sex trafficking, amidst pressure on the Trump administration to release more Epstein-related files; a subcommittee unanimously approved the subpoena request on Tuesday.

House Oversight Committee to Subpoena Ghislaine Maxwell

The House Oversight Committee will subpoena Jeffrey Epstein associate Ghislaine Maxwell, currently imprisoned for sex trafficking, amidst pressure on the Trump administration to release more Epstein-related files; a subcommittee unanimously approved the subpoena request on Tuesday.

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What is the immediate impact of the House Oversight Committee's plan to subpoena Ghislaine Maxwell?

The House Oversight Committee plans to subpoena Ghislaine Maxwell, currently serving a 20-year sentence for sex trafficking, to gather information related to Jeffrey Epstein's case. This follows pressure on the Trump administration to release further Epstein-related files, fueled by conspiracy theories surrounding Epstein's death in 2019. A subcommittee unanimously approved the subpoena request.

nbcnews.com

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Jul 23, 04:12

US-Japan Trade Deal: 15% Tariff, $550 Billion Investment

President Trump announced a trade deal with Japan, lowering tariffs to 15% and securing a $550 billion Japanese investment in the US, despite recent political instability in Japan and previous threats of higher tariffs.

US-Japan Trade Deal: 15% Tariff, $550 Billion Investment

President Trump announced a trade deal with Japan, lowering tariffs to 15% and securing a $550 billion Japanese investment in the US, despite recent political instability in Japan and previous threats of higher tariffs.

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How did political factors in Japan and the US influence the negotiation and outcome of this trade deal?

The deal significantly alters US-Japan trade relations, reducing threatened tariffs while securing substantial Japanese investment in the US. This investment aims to generate profits, with 90% allocated to the US, though the specifics remain unclear. The agreement comes amidst political challenges for Japan's government.

es.euronews.com

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Jul 23, 10:16

Trump Announces New Trade Framework with Japan, Imposing 15% Tariff

US President Donald Trump announced a new trade framework with Japan on Tuesday, imposing a 15% tariff on Japanese imports while securing a $550 billion investment commitment from Japan in exchange for opening its market to US rice and automobiles; similar agreements with the Philippines and Indones...

Trump Announces New Trade Framework with Japan, Imposing 15% Tariff

US President Donald Trump announced a new trade framework with Japan on Tuesday, imposing a 15% tariff on Japanese imports while securing a $550 billion investment commitment from Japan in exchange for opening its market to US rice and automobiles; similar agreements with the Philippines and Indones...

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What are the potential consequences for consumers and businesses resulting from the new tariffs imposed by the US?

Trump's trade deal with Japan follows his threat of a 25% tariff. The reduced 15% tariff and Japanese investment commitment aim to bolster domestic manufacturing, decrease trade deficits, and increase revenue. However, businesses warn of increased costs that could impact consumers.",

french.china.org.cn

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Jul 23, 10:16

US-Japan Trade Deal: 15% Tariffs, $550 Billion Investment

President Trump announced a trade deal with Japan, imposing 15% tariffs on Japanese imports in exchange for a $550 billion Japanese investment in the US, aiming to create hundreds of thousands of jobs and reduce the $68.5 billion 2024 trade deficit.

US-Japan Trade Deal: 15% Tariffs, $550 Billion Investment

President Trump announced a trade deal with Japan, imposing 15% tariffs on Japanese imports in exchange for a $550 billion Japanese investment in the US, aiming to create hundreds of thousands of jobs and reduce the $68.5 billion 2024 trade deficit.

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What are the immediate economic consequences of the US-Japan trade agreement, specifically concerning job creation and trade balance?

President Trump announced a trade deal with Japan, imposing 15% tariffs on Japanese imports while Japan invests $550 billion in the US. Trump claims this will create hundreds of thousands of US jobs and that the US will receive 90% of the profits. The deal includes increased Japanese market access for US cars, trucks, rice, and other agricultural products.

theguardian.com

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Jul 23, 04:12

USOPC Bans Transgender Women From Women's Sports

The US Olympic and Paralympic Committee (USOPC) banned transgender women from women's sports, citing President Trump's executive order threatening funding cuts for organizations allowing trans athletes' participation; this follows similar actions by the NCAA and multiple states, potentially impactin...

USOPC Bans Transgender Women From Women's Sports

The US Olympic and Paralympic Committee (USOPC) banned transgender women from women's sports, citing President Trump's executive order threatening funding cuts for organizations allowing trans athletes' participation; this follows similar actions by the NCAA and multiple states, potentially impactin...

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Gender Equality

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What is the immediate impact of the USOPC's decision to bar transgender women from women's sports?

The US Olympic and Paralympic Committee (USOPC) has effectively banned transgender women from competing in women's sports, citing compliance with President Trump's executive order, "Keeping Men Out of Women's Sports.

dailymail.co.uk

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Jul 23, 04:12

UK Government Borrowing Reaches Record High

The UK government's June borrowing reached £20.7 billion, the second highest June borrowing on record, driven by increased spending and interest payments on its £3 trillion debt, exceeding tax revenue and creating a projected £130 billion total for the fiscal year.

UK Government Borrowing Reaches Record High

The UK government's June borrowing reached £20.7 billion, the second highest June borrowing on record, driven by increased spending and interest payments on its £3 trillion debt, exceeding tax revenue and creating a projected £130 billion total for the fiscal year.

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Reduced Inequality

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What are the immediate financial implications of the UK's record-high June borrowing, and how does it impact the country's overall fiscal outlook?

In June 2024, the UK government borrowed £20.7 billion, exceeding the same month last year by £6.6 billion and marking the second-highest June borrowing on record. This brings the year-to-date borrowing to £57.8 billion, projecting a total of £130 billion for the fiscal year—a sum surpassed only by health spending among government departments.

edition.cnn.com

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Jul 23, 04:12

Newly Released Images Show Trump, Epstein Together at Multiple Events

Newly released photos and videos reveal previously unknown interactions between Donald Trump and Jeffrey Epstein, showing Epstein at Trump's 1993 wedding and a 1999 Victoria's Secret fashion show; these materials predate Epstein's legal troubles and fuel further scrutiny of their relationship amid c...

Newly Released Images Show Trump, Epstein Together at Multiple Events

Newly released photos and videos reveal previously unknown interactions between Donald Trump and Jeffrey Epstein, showing Epstein at Trump's 1993 wedding and a 1999 Victoria's Secret fashion show; these materials predate Epstein's legal troubles and fuel further scrutiny of their relationship amid c...

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What are the potential future implications of these revelations and the subsequent legal and political actions taken?

The timing of these revelations, amidst controversy surrounding the unreleased Epstein files and a lawsuit by Trump against the Wall Street Journal, suggests a potential effort to influence public perception or distract from ongoing investigations. Future implications may include further legal challenges or increased pressure on the Justice Department to release the documents.

bbc.com

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Jul 23, 04:12

US Imposes 19% Tariff on Philippine Imports

President Trump announced a 19% US tariff on Philippine imports following a purported trade deal involving reciprocal duty reductions and increased military cooperation; the deal awaits confirmation from the Philippines.

US Imposes 19% Tariff on Philippine Imports

President Trump announced a 19% US tariff on Philippine imports following a purported trade deal involving reciprocal duty reductions and increased military cooperation; the deal awaits confirmation from the Philippines.

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Reduced Inequality

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What are the immediate economic consequences for the Philippines following the announcement of a 19% US tariff on its imports?

The US will impose a 19% tariff on imports from the Philippines, as announced by President Trump. This follows a purported agreement where the Philippines will remove duties on US goods and the two countries will enhance military cooperation. The deal, however, lacks confirmation from the Philippines.

spanish.china.org.cn

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Jul 23, 10:16

US Debt to Rise $4.1 Trillion Due to New Spending Bill

A newly enacted US law, costing $3.39 trillion, significantly increases the US deficit from 2025-2034, resulting from tax cuts and increased spending, worsening the already high national debt exceeding $36.2 trillion.

US Debt to Rise $4.1 Trillion Due to New Spending Bill

A newly enacted US law, costing $3.39 trillion, significantly increases the US deficit from 2025-2034, resulting from tax cuts and increased spending, worsening the already high national debt exceeding $36.2 trillion.

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How do the bill's projected revenue decreases and spending cuts contribute to the increased national debt?

This legislation, embodying President Trump's agenda, includes tax cuts and increased military/border security funding. The CBO's revised estimate reflects the bill's significant impact on the national debt, raising concerns both domestically and internationally due to its substantial cost.

smh.com.au

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Jul 23, 07:14

GM's $1.1 Billion Tariff Loss Contradicts Trump's Claims

General Motors reported $US1.1 billion in tariff-related costs during the June quarter, impacting its earnings and share price; this contradicts Trump's claim that exporting countries bear the burden of tariffs.

GM's $1.1 Billion Tariff Loss Contradicts Trump's Claims

General Motors reported $US1.1 billion in tariff-related costs during the June quarter, impacting its earnings and share price; this contradicts Trump's claim that exporting countries bear the burden of tariffs.

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What are the short-term and long-term economic consequences of US tariffs on companies like General Motors and the broader US economy?

GM's experience directly contradicts Trump's claim that exporting countries bear the burden of tariffs. The company's substantial losses demonstrate that US manufacturers often absorb these costs, impacting their profitability and investment capacity. This contradicts the claim that tariffs only affect exporting countries.

theglobeandmail.com

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Jul 23, 04:12

US Aluminum Tariffs Cost Alcoa $115 Million, Spark Investment Concerns

Alcoa Corp.'s second-quarter earnings were negatively impacted by US tariffs on Canadian aluminum imports; the company lost US$115 million, leading to investment concerns and lobbying for a Canadian carve-out; the US heavily relies on Canadian aluminum imports.

US Aluminum Tariffs Cost Alcoa $115 Million, Spark Investment Concerns

Alcoa Corp.'s second-quarter earnings were negatively impacted by US tariffs on Canadian aluminum imports; the company lost US$115 million, leading to investment concerns and lobbying for a Canadian carve-out; the US heavily relies on Canadian aluminum imports.

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What are the immediate economic consequences of the US aluminum tariffs on Alcoa's Canadian operations and the broader US-Canada aluminum trade relationship?

Alcoa Corp.'s Quebec operations incurred a US$115-million loss in the second quarter due to US tariffs on Canadian aluminum. These tariffs, initially 25 percent and later doubled to 50 percent, severely impacted Alcoa's profitability and jeopardized 2,500 jobs in Quebec, each supporting 13 downstream jobs in the U.S.

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