U.S. economy

Trump Imposes 25% Tariff on EU Cars, Accuses Bloc of Trade Agreement Violations

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Trump Imposes 25% Tariff on EU Cars, Accuses Bloc of Trade Agreement Violations

Washington, May 2: U.S. President Donald Trump announced on Friday that he has increased tariffs on cars and trucks imported from the European Union to 25%. Trump accused the EU of failing to adhere to existing trade agreements and expressed uncertainty regarding ongoing negotiations with Iran. In a statement to reporters, Trump said, “We have … Read more

House Republicans Set Up Tuesday Vote to Avert Government Shutdown

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House Republicans

Key Developments: ✔ House Republicans push for a Tuesday vote to extend government funding and prevent a shutdown.✔ House hardliners shift in favor of the bill following Trump’s endorsement.✔ Senate Democrats likely to back the measure despite filibuster power.✔ Defense spending to rise by $6 billion, while non-defense spending faces a $13 billion cut.✔ Debt … Read more

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