U.S. Defense Secretary Pete Hegseth looks on, as President Donald Trump (not pictured) delivers remarks, in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | ReutersThe Pentagon’s internal watchdog opened an investigation of Defense Secretary Pete Hegseth for using the Signal messaging app to discuss pending military strikes in Yemen in March with other senior Trump administration officials.The probe will determine to what extent Hegseth and other Defense Department staff complied with existing rules over the “use of a commercial messaging application for official business,” the department’s Office of Inspector General said in…
Author: usaeverydaylife
For hours, the atmosphere in the streets surrounding South Korea’s Constitutional Court in downtown Seoul had been tense. Scores had camped out overnight in the early spring chill in the lead-up to the court’s historic decision on Friday.The crowds for and against the dismissal of the country’s impeached president, Yoon Suk Yeol, were separated by police buses and metal barriers up to 13 feet in height.As the acting chief justice began reading out the decision, filled with technical legal jargon, the crowds grew quieter, straining to hear the outcome that would determine Mr. Yoon’s fate — and that of the…
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025.Brandon Bell | Getty ImagesShoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect.The U.S. plans to hike tariff rates on goods imported from more than 180 countries and territories in the hopes of bringing jobs back stateside. However, some “critical” ingredients and materials found in food, drinks and goods used daily by U.S. consumers are not available domestically, according to the Consumer Brands Association, an industry trade group…
Russian billionaire , businessman Boris Rotenberg (L) listens to his wife Karina Rotenberg (R) during the awarding ceremony at the 2017 Formula 1 Russian Grand Prix in Sochi , Russia, April, 30, 2017. Mikhail Svetlov | Getty Images News | Getty ImagesThe Trump administration lifted economic sanctions on the wife of a close ally of Russian President Vladimir Putin this week, even as it imposed sanctions on six other Russian individuals and entities.Karina Rotenberg was removed as a sanctioned person on Tuesday by the Treasury Department’s Office of Foreign Assets Control. The official government notice of Rotenberg’s removal as a sanctioned…
Cambodian factory workers exit their factory as they take a lunch break in Phnom Penh on March 2, 2020.Tang Chhin Sothy | Afp | Getty ImagesAs European markets tumbled Thursday following U.S. President Donald Trump’s stunning tariff announcements, big retail names selling products ranging from sportswear to jewelry were among the worst performers.A host of goods sold to U.S. consumers by European companies are manufactured in, or pass through factories in, Southeast Asia — a region encompassing developing, export-reliant economies that were unexpectedly hit by some of Trump’s highest duties.Cambodia — where close to a million people work in the garment and footwear factories…
Chinese national flags flutter on boats near shipping containers at the Yangshan Port outside Shanghai, China, February 7, 2025. Go Nakamura | ReutersBEIJING — China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China.Hours after U.S. President Donald Trump announced additional 34% tariffs on China, the Chinese Ministry of Commerce called on the U.S. to cancel the tariffs, and vowed unspecified countermeasures. The sweeping U.S. policy also slapped new duties on the European Union and major Asian countries.Chinese exports to the U.S. this year had already…
‘Fast Money’ traders talk their tariff concerns after the market plummet. Source link
An aerial view of containers sitting stacked at Nanjing Port Longtan Container Terminal in Nanjing, Jiangsu Province of China, on March 17, 2025.Vcg | Visual China Group | Getty ImagesTrade experts tell CNBC that the tariffs announced by President Donald Trump on Wednesday are equivalent to building a trade wall around the U.S. economy of nearly $1 trillion.With the way tariffs work, the estimated costs of the new tariffs U.S. businesses will be paying is $654 billion a year, according to Trade Partnership Worldwide, and it’s a number that will grow — the figure does not include up to $300…
South Korea’s impeached President Yoon Suk Yeol arrives for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. Kim Hong-ji | ReutersSouth Korea’s Constitutional Court Friday upheld the impeachment of President Yoon Suk Yeol, ousting him from office.The decision now starts a 60-day countdown where a presidential election must be held to select the next president. In the interim, Prime Minister Han Duck-soo has been reinstated as acting president following a decision by the constitutional court on March 24.In a broadcast on South Korea television, the acting chief of the Constitutional Court Moon Hyung-bae said the decision…
The day after President Trump antagonized world leaders across the globe with his most sweeping set of tariffs yet, he was scheduled to fly to Florida and potentially see the one leader he has called his “favorite president.”That leader, President Javier Milei of Argentina, had flown overnight to receive an award on Thursday at a right-wing gala at Mar-a-Lago. Mr. Trump was scheduled to also be there late Thursday — Mr. Milei said Mr. Trump would receive an award, too — and Mr. Milei said he hoped the two would meet.It was Mr. Milei’s 10th trip to the United States…
