The Latest Breaking News from Donald Trump

Most Markets Rise As China-US Truce Extended, Inflation In Focus

Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

International Business Times · Aug 12, 2025

Asian shares advance on relief that Trump is delaying higher China tariffs

Asian shares are mostly higher after President Donald Trump delayed raising tariffs on China for another 90 days

The Independent UK · Aug 12, 2025

China, Brazil can be models of ‘self-reliance’ for Global South, Xi says

China’s Xi and Brazil’s Lula discuss cooperation amid fallout of US President Donald Trump’s trade war.

Al Jazeera · Aug 12, 2025

EU leaders defend Ukraine’s freedom to decide future ahead of Trump-Putin summit

Statement on Ukrainian sovereignty signed by all EU leaders except for Viktor Orbán before call with Trump

The Guardian - UK · Aug 12, 2025

Philippines Still Offered Aid After South China Sea Collision Where Chinese Navy Hit Its Own Coast Guard Ship

The ships collided on 11 August 2025 while pursuing a Philippine vessel near Scarborough Shoal, causing substantial damage and escalating tensions in the disputed South China Sea

International Business Times UK · Aug 12, 2025

US inflation unexpectedly stays at 2.7%; UK ministers appoint advisers for Thames Water collapse ‘contingency plans’ – as it happened

US and China extend 90-day tariff truce; UK labour market slows as employers hold off hiring

The Guardian - UK · Aug 12, 2025

26 EU countries issue a statement in support of Ukraine ahead of the Alaska talks, without Hungary

Hungary's PM Viktor Orbán said the EU attempts to set conditions for a meeting to which leaders of the EU were not invited. He also called for an EU-Russia summit.

Euronews · Aug 12, 2025

Greg Abbott Threatens To 'Eliminate' 10 Democratic Districts As Texas Prepares Redistricting Counterstrike Against California's Map Overhaul

Governor Greg Abbott (R-Texas) is signaling an aggressive escalation in the national redistricting battle, warning that the Lone Star State could eliminate as many as 10 Democratic-held congressional districts if California moves forward with a plan to reduce the number of Republican seats.

Benzinga · Aug 12, 2025

Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China

President says he could make deal for Nvidia to sell downgraded version of Blackwell chip in China but expert warns that could help Beijing compete in AI

The Guardian - AU · Aug 12, 2025

Peter Schiff Warns Fannie-Freddie Merger Could Create 'Moral Hazard' Bigger Than Great Financial Crisis Era

Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and the Federal Home Loan Mortgage Corp (OTC:FMCC), popularly known as Freddie Mac.

Benzinga · Aug 12, 2025