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Trump car tariff pivot and Detroit's 'Big Three'
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers. While greeting Trump's tariff reprieve for USMCA-covered auto imports, automakers recognized the pause is only for one month.
Trump says Musk should use 'scalpel' not 'hatchet' in govt cuts
President Donald Trump responded Thursday to growing criticism over unprecedented cuts to the US government overseen by his billionaire advisor Elon Musk, saying they should be carefully targeted. Trump told his team, with Musk in the room, that the tech billionaire was authorized to recommend firings and other cuts but not to enforce them, according to Politico.
Peru farmer confident ahead of German court battle with energy giant
A Peruvian farmer suing a German energy giant in a "David and Goliath" battle over climate change damage, says he has "full confidence" in the legal process in Germany. "I have full confidence in these processes," he told a press conference in Lima on Wednesday.
US trade gap hits new record in January as tariff fears loomed
The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump's inauguration. In January, imports came in at $401.2 billion, and this was $36.6 billion more than the level in December, Commerce Department data showed.
Scandinavians boycott US goods over Trump's Ukraine U-turn
Scandinavian consumers outraged by US President Donald Trump's Ukraine policy turnaround have begun boycotting goods and services "Made in USA" but are discovering just how difficult that can be at times. She admits it's not always easy, especially when it comes to tech goods and online services.
Philippines' Palawan approves 50-year ban on new mining permits
The local government in a resource-rich Philippine province has unanimously voted in favour of a 50-year ban on new mining permits, a decision its supporters said cannot be overridden by Manila. Environmental lawyer Grizelda Anda, who worked in support of Wednesday's vote, said Manila would not be able to legally overrule the local government's decision, which now awaits the governor's signature.
What we know about 'gigantic' Alaska gas pipeline plan
President Donald Trump said this week that Japan and South Korea were looking to work with the United States on a "gigantic" natural gas pipeline in Alaska.
Taiwan says TSMC investment 'historic moment' for US ties
Taiwanese chipmaking giant TSMC's plan to invest $100 billion in the United States was a "historic moment" for Taiwan-US ties, the island's President Lai Ching-te said on Thursday. It will take the total amount the world's biggest chipmaker has pledged to invest in the United States to $165 billion, which TSMC said was the "largest single foreign direct investment in US history".
Ukraine titanium mine hopes US deal will bring funds
In a barren, yellow-and-grey moonscape, heavy machinery grinds away at a titanium mine in the heart of Ukraine. Ukraine, which has around five percent of global mineral resources, is the 11th biggest titanium producer in the world, according to World Mining Data.
AFP
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