International Business Times

US President Donald Trump has remained defiant in the face of global turmoil over his tariffs

Small Businesses Sue Trump Over Tariffs In US Court Of International Trade

The suit argues that Trump unlawfully seized Congress's authority to impose tariffs and calls his justification — framing trade deficits as a national emergency — baseless.

What Are China Rare Earth Minerals? What Are They Used For And Do The Chinese Have Monopoly?
Trump Escalates Trade Fight With China, Citing National Security Concerns Over Chips
Asian Stocks Rise On Electronics Tariffs Exemption, Gold Hits New High

Trump Admin Seeks To Slash State Dept Budget By 48%, Layoffs Loom
An internal memo shows that the White House Office of Management and Budget proposed reducing the combined budget of the State Department and USAID to $28.4 billion — a $27 billion cut from the amount approved by Congress for 2025.
Japan Orders Google To Cease Alleged Antitrust Violation
Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged violation of national antitrust laws.
TikTok's Of China Exposing Luxury Brands Go Viral Driving DHgate To Top Of US App Charts
Chinese TikTok videos revealing luxury brand secrets have gone viral, driving DHgate to the top of US app charts. Explore how trade wars and transparency are reshaping shopping.
Harvard Sees $2.2 Billion In Funding Frozen After Defying Trump
Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.
Pentagon Accused Of Turning Blind Eye To Extremism In Ranks As Soldier Revealed To Be Neo-Nazi TikTok Follower
The Pentagon inspector general scrapped plans in February to investigate the military's training for countering extremism by groups like Proud Boys and Oath Keepers in the ranks
Trump Seemingly Claims He Helped Tim Cook With Tariff Exclusions: 'I Don't Want To Hurt Anybody'
President Trump seemingly revealed that he 'helped' Tim Cook with US tariff exclusions amidst Apple dealing with its effects.
Vance Urges Europe Not To Be US 'Vassal'
US Vice President JD Vance hailed his country's transatlantic alliances, striking a more positive note, but in an interview urged European states to show greater independence.
Trump Trade War Casts Pall In China's Southern Export Heartland
The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States.

NVIDIA Moves AI Chip Production To Arizona, Texas From Taiwan Despite The Exclusions And Leeway

NVIDIA is among the first ones to move the production of products to US shores, specifically in Arizona and Texas.

Economy in Focus

Asian Stocks Mixed As Stability Returns, Autos Lifted By Exemption Hope
Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.
Trump Tariff Rollercoaster Complicates ECB Rate Call
Argentine Peso Depreciates After Exchange Controls Lifted

War in Ukraine

Trump Blames Zelensky For 'Millions' Of Deaths In Russian Invasion
US President Donald Trump resumed his attempts Monday to blame Ukrainian leader Volodymyr Zelensky for Russia's invasion, falsely accusing him of responsibility for "millions" of deaths.
Trump's Tariff Exemptions Give Markets Relief, But Tensions Loom
US tariffs exemptions for electronics prompted market rallies Monday from Asia to Wall Street but failed to settle nerves over a global trade war that Chinese leader Xi Jinping warned would have "no winner."
Russia Says Deadly Sumy Strike Hit Army Meeting
Russia said Monday that its missiles hit a meeting of Ukrainian army commanders in Sumy, accusing Ukraine of using civilians as a "human shield" after Kyiv said the attack Sunday killed at least 34 people in one of the deadliest strikes of the entire war.
Zelensky Urges Trump To Visit Ukraine To See War Devastation: CBS
Ukrainian President Volodymyr Zelensky urged US counterpart Donald Trump on Sunday to visit his country to better understand the devastation wrought by Russia's invasion.

$SOL, $XRP, Other Altcoins Outperform Bitcoin In The Trump Tariff-Battered Week

Altcoins are showing increased resilience in recent days as Trump's global tariffs hit the crypto industry hard – Bitcoin used to be the life of the crypto market, but at least in the last seven days, altcoins buoyed the market.

Contributor

Kevin Linney Launches Society Glo App to Empower Local Communities

Linney is known for his extensive experience creating innovative apps and bridging communication gaps after a successful career as a sales representative in the pharmaceutical industry

Contributor
From Strategic Alliance to Global Powerhouse: How Max-Hervé George's Icona and Switzerland's Stoneweg Became SWI Group
$11 billion merger creates diverse investment platform spanning real assets and alternatives.
Contributor
This Tweet Got Ignored in January — Now It's the Most Accurate Market Call of 2025
Most analysts are now sounding recession alarms, but Runefelt says that's exactly the problem. "Accuracy means saying what people don't want to hear when markets are at all-time highs."

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
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Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
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Dashcam Video Captures Missile Falling Near Kyiv Car
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Saudi Pledges Big Oil Cuts In July