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Oil Prices Jump 2% After Trump Rejects Return to Iran Ceasefire Terms
Oil prices climbed sharply Thursday after President Donald Trump rejected a return to previous ceasefire terms with Iran, adding fresh uncertainty over the conflict and global energy supplies. Brent crude settled at $89.70 per barrel, up 2.1%, while U.S. West Texas Intermediate (WTI) crude rose 1.6% to $83.53 per barrel, according to Reuters. Trump Rejects…
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Trump Administration Weighs New Semiconductor Tariffs That Could Hit Laptops and Gaming Consoles
The Trump administration is considering a new round of tariffs targeting the semiconductor industry, a move that could reach far beyond computer chips and affect a wide range of technology products sold in the United States. According to a report cited by Reuters, the proposal could potentially cover products containing semiconductors, including laptops, gaming consoles…
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Trump Escalates Trade War With Canada: “Time to Teach Canada”
President Donald Trump sharply escalated his trade confrontation with Canada on Wednesday, declaring that it was “time to teach Canada” after negotiations between the two longtime allies collapsed. The latest development marks another major deterioration in U.S.-Canada relations as both countries impose steep tariffs and prepare for the possibility of a prolonged trade dispute. U.S.…
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Nvidia Faces $280 Billion Market Swing as Wall Street Braces for Massive AI Earnings Test
Nvidia Faces $280 Billion Market Swing as Wall Street Braces for Massive AI Earnings Test Wall Street is bracing for one of the biggest technology events of the week as Nvidia prepares to release its second-quarter earnings, with options markets signaling that roughly $280 billion in market value could potentially be at stake. Traders are…
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Trump Says Strait of Hormuz Cleared of Mines, Warns Iran of ‘Zero Tolerance’
Trump Says Strait of Hormuz Cleared of Mines, Warns Iran of ‘Zero Tolerance’ President Donald Trump says all mines have been cleared from the Strait of Hormuz, while issuing a direct warning to Iran against attempting to place new mines in the strategically vital waterway. Trump said the United States is closely monitoring activity across…
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Trump’s 50% Canada Tariffs Take Effect as Canada Vows Dollar-for-Dollar Retaliation
Trump’s 50% Canada Tariffs Take Effect as Canada Vows Dollar-for-Dollar Retaliation A major trade confrontation between the United States and Canada is escalating after President Donald Trump’s new 50% tariffs on billions of dollars worth of Canadian goods took effect. Canadian Prime Minister Mark Carney has responded by promising dollar-for-dollar retaliation, setting the stage for…
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Putin Plans to Draft 300,000 More Russian Troops After September Elections, Zelensky Says
Putin Plans to Draft 300,000 More Russian Troops After September Elections, Zelensky Says Ukrainian President Volodymyr Zelensky says Russian President Vladimir Putin is preparing to mobilize an additional 300,000 troops after Russia’s parliamentary elections in September, a claim that could signal preparations for a prolonged war in Ukraine. Zelensky made the claim as fighting continues…
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Iran’s President Backs U.S. Deal as Best Path to End Stalled War
Iranian President Masoud Pezeshkian has defended a memorandum of understanding with the United States as the best path toward ending the prolonged standoff between Washington and Tehran. Speaking as Iran faces growing economic pressure and uncertainty over renewed fighting, Pezeshkian said the country needs to move beyond what he described as a situation of “neither…
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Record 4.3 Million-Car Recall Hits Tesla and Other Automakers Over Door Safety Concerns
Record 4.3 Million-Car Recall Hits Tesla and Other Automakers Over Door Safety Concerns China has launched its largest automotive recall on record, affecting approximately 4.3 million vehicles from Tesla and several other major automakers over concerns that some doors could be difficult to open during an emergency. The massive recall puts renewed attention on electronic…
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Trump’s Push for Russia–Ukraine Peace Deal Stalls as War Drags On
Trump’s Push for Russia–Ukraine Peace Deal Stalls as War Drags On President Donald Trump’s effort to help bring an end to the Russia–Ukraine war is facing major obstacles as fighting continues and a breakthrough between Moscow and Kyiv remains elusive. The war has become one of the most difficult foreign-policy challenges facing the Trump administration,…