U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices…
Cape Town — The U.S. State Department confirmed that there is no cut-off date for countries to come up with an “action plan” to adhere to the Donald Trump administration’s expanded travel ban. When asked about many African countries being on the list of 36, U.S. State Department spokesperson Tammy Bruce said: “So noting where…
US President Donald Trump’s administration is considering significantly expanding its travel restrictions by potentially banning citizens of 36 additional countries from entering the United States – 25 of which are on the African continent – according to an internal State Department cable issued over the weekend. Earlier this month, Trump signed a proclamation banning the…
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized. Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You…
TangMan Photography | Getty Images U.S.-China trade talks were set to continue in London on Tuesday, as the world’s top two economies strive to sort out differences following a call between the leaders of the two countries. President Donald Trump‘s top trade officials met their Chinese counterparts in London on Monday, with Treasury Secretary Scott…
