Business

US-Mexico Relations Strain as Cartel Politics Heat Up Before Elections

Tensions are escalating between the United States and Mexico as both nations navigate the political landscape ahead of crucial elections. The Trump administration has intensified its focus on Mexico, pressing the country to take stronger action against drug trafficking and corruption, including alleged ties between organized crime and public officials. President Donald Trump has publicly criticized Mexico for not sufficiently addressing the illegal drug trade...

Saudi Arabia Secures Approval for $24.3 Billion F-35 Purchase from US

The United States has sanctioned a potential $24.3 billion arms deal with Saudi Arabia for the purchase of 48 F-35 stealth fighter jets, marking a significant step in military cooperation between the two nations. This sale, however, still awaits the approval of the US Congress. The US State Department emphasized that the transaction would bolster Saudi Arabia's defensive capabilities and enhance its ability to deter...

U.S. Faces Brazilian Backlash Over 25% Tariffs Starting July 22

The United States' decision to impose a 25% tariff on certain Brazilian imports has drawn sharp criticism from Brazil, which deems the move unjustified...

Supreme Court Decision Leads to $81 Billion Trump-Era Tariffs Refunded

The U.S. government has reimbursed businesses with $81 billion in tariffs following a Supreme Court ruling that found a large portion of former President...

Trump Opts for Annual Reviews Over Extending USMCA Agreement Long-Term

The United States has decided not to renew the United States-Mexico-Canada Agreement (USMCA) under the current terms, opting instead for annual assessments while negotiations...

Filing Reveals Trump Gains $1 Billion from 2025 Crypto Ventures

In 2025, President Donald Trump saw his earnings from cryptocurrency-related ventures soar past the $1 billion mark, as revealed by a federal financial disclosure....

US and India Intensify Trade Negotiations Before Imminent Tariff Deadline

The United States and India have resumed efforts to finalize an interim trade agreement, with both nations striving to overcome remaining differences ahead of...

AI Stock Sell-Off Triggers Concerns, Plunges Global Markets

Global financial markets faced turbulence on Tuesday as a steep decline in artificial intelligence and technology stocks shifted investor focus from geopolitical issues to...

Trump’s US-Iran Talks Progress Causes Significant Oil Price Decline

Oil prices on the global market saw a sharp decline on Friday following remarks from US President Donald Trump, who hinted at the possibility...

Trump Allocates $700M to Boost Coal Industry Under Defense Production Act

In a significant move to bolster the coal industry, US President Donald Trump has unveiled a $700 million federal initiative. This program, leveraging the...

U.S. Proposes 25% Tariffs on Brazil, Despite Trade Surplus

The Trump administration has introduced a proposal for a 25% tariff on Brazilian imports, citing what it describes as unfair and restrictive trade practices...

US and Taiwan Boost Defense Ties to Address Rising Security Threats

Taiwan and the United States are intensifying their collaboration in the defense industry amid rising security concerns, leading to increased investment and closer integration...

Iran Conflict and Supply Concerns Propel Oil Prices Past $100

Global oil prices have once again climbed above $100 per barrel following recent U.S. military actions against Iranian targets, casting doubt on the prospects...

Rubio Visits India to Discuss Trade Tensions with Modi Amid Trump Focus

US Secretary of State Marco Rubio commenced a four-day visit to India on Saturday, aiming to fortify strategic alliances and enhance cooperation across various...