2 h. ago Trump says US Justice Department may owe him ‘a lot of money’ over probes

US President Donald Trump said he believed the Justice Department probably owes him compensation, following a report that he was seeking some US$230 million after he faced multiple federal investigations. “As far as all the litigation, everything that’s going on, yeah, they probably owe me a lot of money,” Trump told reporters on Tuesday at the White House. The New York Times reported earlier that Trump had initiated administrative claim processes alleging violations of his rights. The...

Politics

31 h. ago Trump tariffs live updates: Trump lists top demands on China, signs rare earth deal with Australia

Trump tariffs live updates: Trump lists top demands on China, signs rare earth deal with Australia  Yahoo Finance

Politics

35 h. ago Argentina formalises US$20 billion lifeline from Trump as Milei faces poll test

Argentina on Monday formalised a currency swap agreement with the United States for up to US$20 billion aimed “at contributing to Argentina’s economic stability,” the South American country’s central bank said. The deal is part of huge financial support from the administration of Donald Trump, a strong backer of Argentine President Javier Milei, who is under pressure ahead of midterm elections on October 26. The peso has been fluctuating wildly ahead of the vote, disrupting the savings and...

Politics

40 h. ago Trump tariffs live updates: Trump lists top demands on China before trade talks resume

Trump tariffs live updates: Trump lists top demands on China before trade talks resume  Yahoo

Politics

4 d. ago Stock Market Today: Dow Stumbles After Trump's China Tariffs Comment — Live Updates

Stock Market Today: Dow Stumbles After Trump's China Tariffs Comment — Live Updates  The Wall Street Journal

Politics

4 d. ago Trump tariffs live updates: Trump says threatened China tariff levels are 'not sustainable'

Trump tariffs live updates: Trump says threatened China tariff levels are 'not sustainable'  Yahoo Finance

Politics

4 d. ago Trump tariffs live updates: White House nears tariff relief for auto industry; US deficit falls in first drop since COVID

Trump tariffs live updates: White House nears tariff relief for auto industry; US deficit falls in first drop since COVID  Yahoo Finance

Politics

5 d. ago US, Hong Kong ‘both lose’ if Cathay added to planned Russian airspace ban

The United States and Hong Kong face a lose-lose scenario if global travellers are forced to pay higher airfares over the proposed barring of Cathay Pacific Airways from flying over Russian airspace to the east coast of North America, analysts have warned. Wednesday’s warning followed calls by United Airlines for the Trump administration to ban Hong Kong’s flag carrier from flying over Russia for routes between the US and the city in a bid to force Cathay Pacific to align with other...

Politics

5 d. ago US Chamber of Commerce sues Trump administration over US$100,000 H

The largest American business lobbying group filed a lawsuit on Thursday challenging US President Donald Trump’s US$100,000 fee on new H-1B visas for highly skilled foreign workers. The lawsuit by the US Chamber of Commerce, which says it represents 300,000 businesses, is the group’s first against the Trump administration since the Republican president took office for a second term in January. The chamber says in the lawsuit that Trump’s September proclamation imposing the fee on new H-1B visa...

Politics

5 d. ago US phones allies over rare earths, China’s food security: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. ‘This is China versus the world’: US calls allies over Beijing rare earth curbs US President Donald Trump’s administration vowed on Wednesday to work with its allies and other countries to get an upper hand in its trade talks with China, claiming Beijing’s recent rare earth control as a sign of being an “unreliable partner” that threatens global supply...

Events

5 d. ago After India, US tells Japan to stop importing Russian energy

US Treasury Secretary Scott Bessent said on Wednesday that he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to stop importing Russian energy. “Minister Kato and I also discussed important issues pertaining to the US-Japan economic relationship and the Administration’s expectation that Japan stop importing Russian energy,” Bessent said on social media after the two met on Wednesday. Bessent and Kato met on the sidelines of the annual International...

Politics

6 d. ago Trump Administration Live Updates: Judge Temporarily Blocks Layoffs During Federal Shutdown

Trump Administration Live Updates: Judge Temporarily Blocks Layoffs During Federal Shutdown  The New York Times

Events

6 d. ago US judge blocks Trump’s plan to fire thousands of workers during shutdown

A federal judge in California on Wednesday ordered US President Donald Trump’s administration to halt mass lay-offs of federal workers during a partial government shutdown while she considers claims by unions that the job cuts are illegal. During a hearing in San Francisco, US District Judge Susan Illston granted a request by two unions to block lay-offs at more than 30 federal agencies while the case proceeds. The decision is likely to be appealed quickly, but it offers a reprieve for federal...

Events

6 d. ago ‘This is China versus the world’: US calls allies over Beijing rare earth curbs

US President Donald Trump’s administration vowed on Wednesday to work with its allies and other countries to get an upper hand in its trade talks with China, claiming Beijing’s recent rare earth control as a sign of being an “unreliable partner” that threatens global supply chains. The remarks marked the latest in a series of threatened countermeasures, as Trump officials have previously announced 100 per cent tariffs on Chinese goods from November 1 and also struck back on such targets like...

Politics

6 d. ago Shutdown costing US economy US$15 billion a day, Treasury chief Bessent says

The two-week-old federal government shutdown is costing the US economy about US$15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic toll and urging Democrats to “be heroes” and side with Republicans to end it. Bessent told a news conference that the shutdown was starting to “cut into muscle” of the US economy. “We believe that the shutdown may start costing the US economy up to US$15 billion a day,” he said. The wave of...

Economics

6 d. ago Trump administration to set price floors to combat China’s market manipulation (SP500:)

Trump administration to set price floors to combat China’s market manipulation (SP500:)  Seeking Alpha

Politics

6 d. ago Trump tariffs live updates: Trump threatens trade 'retribution' against Beijing over soybeans

Trump tariffs live updates: Trump threatens trade 'retribution' against Beijing over soybeans  Yahoo Finance

Politics

6 d. ago S&P 500 gains as strong earnings overshadow China trade fight, Bank of America rallies: Live updates 108212091

S&P 500 gains as strong earnings overshadow China trade fight, Bank of America rallies: Live updates 108212091  CNBC

Economics

6 d. ago Trump Live Updates: Government Shutdown News, China Trade Talks and More

Trump Live Updates: Government Shutdown News, China Trade Talks and More  The New York Times

Politics

6 d. ago Dow gains 300 points as strong earnings overshadow China trade fight, Bank of America rises: Live updates

Dow gains 300 points as strong earnings overshadow China trade fight, Bank of America rises: Live updates  CNBC

Economics