Trump information at a look: Markets rally on China commerce warfare pause, first Afrikaner ‘refugees’ arrive | Trump administration

Markets rally after US and China agree 90-day commerce warfare pause

Donald Trump hailed a “complete reset” in relations between China and the US after the international locations agreed a 90-day pause to the deepening commerce warfare that has threatened to upend the worldwide economic system, with tariffs to be lowered by 115 share factors.

Wall Road rose sharply after the announcement, with the benchmark S&P 500 leaping 3.2%, the Dow Jones industrial common climbing 2.6% and the tech-heavy Nasdaq gaining 4%.

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White South Africans arrive in US as ‘refugees’

The primary group of white South Africans granted refugee standing by Donald Trump’s administration has arrived within the US, stirring controversy in South Africa because the US president declared the Afrikaners victims of a “genocide”.

The Afrikaners, a minority descended from primarily Dutch colonists, have been met at Dulles airport by US deputy secretary of state, Christopher Landau, who mentioned: “It’s such an honour for us to obtain you right here at present … it makes me so completely satisfied to see you with our flag in your arms.

He invoked his household’s historical past, saying: “My very own father was born in Europe and needed to depart his nation when Hitler got here in … We respect what you have got needed to cope with these previous couple of years.”

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Democrats battle towards ‘wildly unlawful’ Trump jet present

Prime Democrats within the US Senate are pushing for a vote on the ground of the chamber censuring Donald Trump’s reported plan to simply accept a $400m luxurious jet from the royal household of Qatar to be used as Air Power One and later as a fixture within the Trump’s private presidential library.

4 Democratic members of the Senate overseas relations committee mentioned on Monday that they might press for a vote later this week. They mentioned that elected officers, together with the president, weren’t allowed to simply accept massive items from overseas governments except licensed to take action by Congress. One described the present as “wildly unlawful”.

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Trump hails launch of final residing US citizen held in Gaza

Hamas has freed the final residing US citizen it held in Gaza, soldier Edan Alexander, in a unilateral transfer Donald Trump described as a “good religion step” in the direction of ending the warfare and bringing dwelling all remaining hostages.

The discharge of 20-year-old Alexander, a twin nationwide serving within the Israel Protection Forces who spent 584 days in captivity after he was seized from his base on 7 October 2023, was agreed with little Israeli involvement past sensible coordination on the bottom.

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Trump indicators order aiming to slash US drug costs

The White Home is unveiling an aggressive drug pricing technique concentrating on pharmaceutical firms, promising to dramatically reduce prescription drug prices for American customers.

Writing earlier on Reality Social, the president mentioned the plan would cut back prescription drug and pharmaceutical costs within the US “virtually instantly” by “30% to 80%”.

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Senator says Republicans have Medicaid ‘identification disaster’

Josh Hawley, the influential US senator from Missouri, has warned that his Republican get together is affected by an “identification disaster” over whether or not it stands for working Individuals or wealthy company executives, signaling a worsening cut up amongst Donald Trump’s congressional troops over the president’s plans for deep Medicaid cuts.

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Trump reportedly fires head of US copyright workplace

The Trump administration reportedly fired the pinnacle of the US copyright workplace over the weekend – inside days of the dismissed official having revealed a report about how the event of synthetic intelligence (AI) know-how may run afoul of truthful use legislation.

The sacking of Shira Perlmutter because the register of copyrights and director of the copyrights workplace on Saturday, as reported by the Washington Submit and NBC Information, got here two days after Donald Trump fired the librarian of Congress, who oversees the copyright workplace.

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Individuals delay main life occasions resulting from Trump, ballot suggests

Individuals are reconsidering main life occasions together with marriage, having youngsters and shopping for a house amid financial anxiousness within the opening months of the Trump presidency, in line with an unique ballot for the Guardian.

Six in 10 Individuals mentioned the economic system has affected at the least one in every of their main life targets, in line with the Harris ballot, citing both lack of affordability or anxiousness across the present economic system.

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