WASHINGTON: US President Donald Trump has approved the partnership between US Steel and Nippon Steel of Japan, aiming to create at least 70,000 jobs and include $14 billion in the US economy. According to a social media post on Friday, Donald Trump stated on the US Steel-Nippon Steel Partnership, “I am proud to announce that, […]
President Donald Trump’s use of the presidential seal at a $TRUMP memecoin investor dinner may violate federal law. President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law. The event took place Thursday at Trump National Golf Club in Virginia, where Trump addressed 220 investors in his cryptocurrency project. According to US law, the presidential seal cannot be used in any manner that could imply government approval or sponsorship. Violators can face fines or up to six months in prison. Read more
U.S. President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all iPhones bought by U.S. consumers. The twin threats, delivered via social media, roiled global markets after weeks […]