Topic
donald trump
Technology Inside Trump's AI Brain Trust: The Officials Shaping US Tech Policy
The Trump administration relies on a small, scattered group of officials to decide AI policy and export controls. Key figures include Commerce Secretary Howard Lutnick, acting CAISI chief Arvind Raman, National Cyber Director Sean Cairncross, and former AI czar David Sacks, each with differing views on regulating Chinese AI.
Trade Shein swings to a quarterly loss after Donald Trump’s trade rules slow US sales
Fast-fashion e-commerce giant Shein reported a $99m net loss for Q1 2026, compared with a $395m profit a year earlier, citing the removal of the US de minimis import duty exemption on small packages. The company also flagged headwinds from US-China tariff uncertainty and the Iran war, and plans to raise prices in the US market. Shein received approval from the China Securities Regulatory Commission for a Hong Kong IPO on 10 July 2026.
Trade Trump Prepares New Tariff Wave as India Trade Deal Stalls, Threatening Market Access
President Donald Trump is set to impose new tariffs on up to 60 countries, including India, as a temporary 10% tariff expires Friday. A bilateral trade deal with India remains deadlocked over market access and tariff concessions, while Canada faces a 50% tariff unless it removes alleged barriers.
Business Trump Says Stock Market Driving His Profits After $1.4 Billion Crypto Income Disclosure
President Donald Trump said he does not manage his personal finances and that his gains are tied to the stock market's performance, after a financial disclosure revealed over $1.4 billion in income from cryptocurrency ventures. The disclosure shows nearly $800 million from World Liberty Financial and $635 million from the $TRUMP meme coin, making digital assets his largest income source. The White House rejected conflict-of-interest concerns.
Business Trump Praises India's 7-8% Growth, Reversing 2025 'Dead Economy' Remark
US President Donald Trump praised India's economy as 'doing very well' with 7-8% growth in a CNBC interview, contrasting sharply with his 2025 'dead economy' remarks. The shift comes as US-India trade negotiations accelerate ahead of a July 24 tariff expiration, with implications for bilateral commerce and investment.
Trump's UFC White House Event Opens Lobbying Channel for Corporate Interests
President Donald Trump is hosting a UFC event at the White House this weekend, with sponsorships costing up to $1 million offering companies rare direct access to the president. Political consulting firms are advising clients to buy packages, and the event is oversubscribed. Meta, a regular Octagon sponsor, has ongoing business interests before the federal government.
Business Trump's Inflation Remarks Amid Economic Tensions
President Donald Trump expressed unexpected enthusiasm for rising inflation rates, citing energy costs linked to the Iran conflict. His administration claims to stabilize oil markets through operations in the Strait of Hormuz.
Technology Trump Proposes Public Benefit from AI Industry Gains
Donald Trump has proposed that AI companies should 'give back' to the public, potentially through a government stake or public benefit mechanism. This comes amid growing scrutiny of AI's economic impact and discussions with tech leaders.
Commodities Trump's $700m Coal Investment Amid Rising Energy Costs
Donald Trump has announced a $700 million investment to revive the US coal industry, citing national security concerns and rising energy costs. The initiative aims to protect existing coal plants and build new infrastructure.
Trade US Tariff Refunds Stalled as Trump Appeals Court Ruling
The Trump administration plans to appeal a court order allowing importers to seek refunds on invalid tariffs, potentially delaying $166 billion in repayments. US Customs and Border Protection has already processed $20.6 billion in refunds.