Author: Press Room

President Trump is scheduled to announce the details and implementation of his tariffs on Wednesday, a day he has named “Liberation Day,” despite warnings from economists over increased prices. What new tariffs will Trump announce today?The president hasn’t yet said what the tariff rates on foreign goods will be and whether they will be global or affect only products from specific countries, and on Tuesday afternoon, White House press secretary Karoline Leavitt said the president was still finalizing the details of the plan with his trade team. But Leavitt said Monday that the president’s plan will place reciprocal tariffs on nearly…

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. As protests against Elon Musk’s Tesla brand are sweeping the United States, one California man’s sense of security is left shaken after a masked suspect was caught on camera defacing his family’s Tesla Cybertruck in the…

When a service outage in July 2022 left millions of Rogers customers in the dark for up to 15 hours, it underscored the importance of being prepared in case of a similar emergency. For some, that meant having lifelines in place that don’t rely on individual cellphone plans, such as alternative ways to call 911, or carrying extra cash on hand in case another blackout shuts down debit machines.Now, a Waterloo, Ont., company is pitching what it says is another must-have in the event of a future telecom outage: an e-sim card that lives on your device and can connect you…

Grieving relatives can enjoy a brief moment with support dogs taking a break from searching for survivors in the earthquake rubble of a tower in Bangkok.

South Korean police have beefed up security in areas around the court, preparing to deploy all forces from midnight into the ruling day on Friday. The acting chief for the national police force, Lee Ho-young, said the area around the court would be turned into a “vacuum state” to restrict access and cordon off pro- and anti-Yoon rallies to prevent any potential clashes. Vowing to act sternly against any violence, Lee said police will arrest those who vandalise facilities, threaten justices or assault police officers. In January, hundreds of Yoon supporters stormed a court building after his detention was extended,…

A vote to decide whether the tush push will be outlawed from the NFL has been pushed until May.At the annual league meetings on Tuesday, NFL team owners agreed to table the vote on a proposal to ban the play that became the Philadelphia Eagles’ calling card over the past couple of seasons. The postponement means debates over the play will rage on as teams and the league gather more information. Tush push proponents have presented arguments on why the play should continue to be part of the game, while those who oppose it have made a case for getting rid…

Only one building in Bangkok fell during the earthquake on Friday that rocked Myanmar, hundreds of miles away. Recovery efforts continue with at least 15 people killed and dozens still missing. Determining the cause could take months.But interviews with workers who had been on the site, together with early official findings, highlighted potential problems with construction design and quality.At the center of the scrutiny is China Railway 10th Engineering Group, a Chinese state-owned company with about a dozen other projects in Thailand and whose contractors tried to remove documents from the site after the disaster.Behind that Chinese company is its…

President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing levies on countries around the globe, including America’s largest trading partners.Mr. Trump has promised for months to impose what he calls “reciprocal” tariffs, which the president says will correct years of “unfair” trade in which other countries have been “ripping off” America.“We helped everybody, and they don’t help us,” Mr. Trump said on Monday.Exactly how he plans to structure the new tariffs is not yet clear. The White House press secretary said Tuesday afternoon that Mr. Trump had decided…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Bank of England has fined the prominent English financier Jay Hambro for his conduct while a director of Wyelands Bank, the British lender owned by Sanjeev Gupta that collapsed in a scandal.The BoE’s Prudential Regulation Authority said on Wednesday that it had fined Hambro £72,000 for conduct that “fell below the standards expected of a person in his position in an authorised firm and demonstrated a serious lack of due skill, care and diligence”.Wyelands was part of Gupta’s GFG Alliance steel-to-finance conglomerate.…

Commodities traders are using the bumper profits earned during the energy crisis to snap up assets and bet on new businesses — from petrol stations to power plants to biofuels — increasing their hold over complex global supply chains. Leading private trading houses Trafigura, Vitol, Gunvor and Mercuria have collectively earned more than $57bn in net profits since the 2022 invasion of Ukraine, with Vitol still to report its 2024 results, according to Financial Times analysis — and now they are on a mission to spend it. The companies are expanding into new areas such as metals trading, taking big bets on…