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USA
More about this topic
Economy
Trump imposes drone tariffs of up to 100% with a lower rate for the EU
US President Donald Trump has imposed tariffs of up to 100% on imported drones and their components, with EU manufacturers facing a preferential rate of 15% and British firms 10%, in a measure meant to rebuild American production of a technology central to modern warfare.
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World
US claims billions lost to tariff evasion through third countries
The US loses billions in annual revenue to the practice of routing goods through intermediate countries to disguise their origin, a White House report has estimated. Peter Navarro said US Customs was already using AI to identify offenders.
Business
What is Truth API? The $100,000 feed that has landed Trump a lawsuit
Two press organisations have asked a Manhattan federal court to shut down Truth API, the service launched this month that sells Wall Street firms faster access to US President Donald Trump's Truth Social posts for up to $100,000 a month.
Economy
US inflation eases to 3.4% in July as Fed's next call stays uncertain
US inflation eased for a second month in July, with consumer prices rising 3.4% from a year earlier, down from 3.5% in June, exactly as economists had forecast, a reading that hands neither side of a divided Federal Reserve fresh ammunition before next month's rate decision.
Markets
Oil prices rise as Trump and Iran trade reparations demands
Oil prices and US government bond yields both climbed on Tuesday after US President Donald Trump answered Iran's demand for war reparations with a sweeping counterclaim of his own, pushing a deal to reopen the Strait of Hormuz further out of reach.
Health news
Trump signs order that calls for fewer childhood vaccines
The order recommends giving all childhood vaccinations at separate visits whenever feasible, which had earlier been blocked by a federal judge, and dividing the measles, mumps, and rubella vaccine into three distinct single injections
