U.S. President Donald Trump delivers remarks in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters President Donald Trump is expected to sign an executive order later on Friday excluding certain student loan borrowers from the popular Public Service Loan Forgiveness program. Speaking from the Oval…
NEW YORK (AP) — More losses are hitting Wall Street at the close of a brutal week, and U.S. stocks have erased earlier gains to fall after a nervously anticipated economic report came in close to expectations. The S&P 500 was down 1% in midday trading after erasing an early gain of 0.6%. It’s coming…
BEIJING- Chinese Foreign Minister Wang Yi has come down hard on the United States over its trade war and the imposition of tariffs against the Asian nation. Speaking at a press conference held on the sidelines of the ongoing session of the National People’s Congress (NPC) in Beijing on Friday, the top diplomat said China would “firmly…
WASHINGTON (AP) — A federal judge in Washington refused Friday to block employees of Elon Musk’s Department of Government Efficiency from accessing Treasury systems containing sensitive personal data for millions of Americans. She acknowledged, however, privacy concerns about their work. DOGE is still limited by a different court order in New York. In Washington, U.S….
China’s Foreign Minister Wang Yi has vowed to retaliate against the United States’ tariffs. Wang Yi said China will continue to retaliate for the United States’ “arbitrary tariffs” and accused Washington of “meeting good with evil” in a press conference Friday on the sidelines of the country’s annual parliamentary session. China’s Foreign Minister also said…
This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Foreign Minister Wang Yi faced the press on Friday morning to lay out Beijing’s foreign policy direction. This came as China…
BEIJING (AP) — Chinese Foreign Minister Wang Yi said China will continue to retaliate for the United States’ “arbitrary tariffs” and accused Washington of “meeting good with evil” in a press conference Friday on the sidelines of the country’s annual parliamentary session. Wang said China’s efforts to help the U.S. contain its fentanyl crisis have…
President Trump has no influence over Russian dictator Vladimir Putin. He can only continue to humiliate himself, Americans, NATO and the very image of the United States. Anastasiia Marushevska | Opinion contributor President Trump pauses federal aid to Ukraine World leaders are reacting to President Donald Trump’s decision to pause federal aid to Ukraine. During…
Editor’s note (March 6th): Since this article was published, Donald Trump announced that tariffs on Mexican and Canadian goods covered by the North American trade agreement (roughly half their total exports to America, according to the White House) would be paused until April 2nd. PREMIUM FILE PHOTO: US President Donald Trump had a message to…
President Donald Trump has a high tolerance for pain in the stock market. An analysis of his tariff decisions during his firm term from 2017 to 2020 show he is likely to display a continued willingness to escalate current threats regardless of market response, according to Nomura. Trump’s tariff moves in his second term have…