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The Latest Breaking News from Donald Trump

Asian shares trade mixed as AI excitement fades and war worries continue

Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run

The Independent UK

Yesteryear: is this viral novel’s time travelling tradwife really ‘perfect at being alive’?

The film rights for Caro Claire Burke’s buzzy debut novel were sold to Amazon MGM Studios before publication. Adaptation plans are well underway, with Anne Hathaway, cited in the acknowledgements as “instrumental in bringing Natalie to life”, set to star and produce.

The Conversation

Japan Confirms Possession of UAP Footage After Reviewing Pentagon Videos Near Japanese Airspace

Japan is reviewing declassified Pentagon footage of unidentified anomalous phenomena near its territory, collaborating with international partners to address national security concerns.

International Business Times UK

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Thomas Massie's ex accuses him of hush money offer

"You're not going to make a difference. Just walk away," she said Massie told her.

Axios

Oil Price Today (May 13): Crude oil snaps 3-day fall ahead of Trump’s China visit. What are experts saying?

Oil prices dipped after a three-day climb as investors monitored the fragile Iran ceasefire and an upcoming U.S.-China summit. The Strait of Hormuz remains effectively shut, impacting global supply and raising inflation concerns, with analysts warning of further price surges if disruptions persist.

The Economic Times

Trump's proposed 'Golden Dome' estimated to cost USD 1.2 trillion, far more than he initially said

President Donald Trump's ambitious "Golden Dome" missile defense system is projected to cost a staggering USD 1.2 trillion over two decades. This futuristic plan, intended to protect America, is significantly more expensive than initially announced. The Congressional Budget Office analysis highlights the substantial financial commitment required for this advanced defense…

The Economic Times

Linguistic workaround allows Marco Rubio, sanctioned by Beijing, to travel to China for the first time

Chinese government appears to be using the workaround of a different character to represent part of the secretary of state’s name, to allow him to visit the country for the Trump summit

The Guardian - AU

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Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall

Global markets felt the heat as a surprising U.S. inflation surge boosted Treasury yields, weakening the euro and sterling. Rising oil prices, fueled by Middle East tensions, further dampened investor sentiment. The U.S. dollar index held firm, reflecting a cautious risk appetite as equity markets lacked upward momentum. Meanwhile, the…

The Economic Times

Gold steady with US-China summit, MidEast developments in focus

Gold prices remained stable in early Asian trade. Investors are awaiting a key U.S.-China summit in Beijing. Developments in the Middle East conflict are also being closely watched. U.S. President Donald Trump commented on the Iran war. Oil prices saw a dip. U.S. consumer inflation increased. India has raised import…

The Economic Times

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

President Trump stated that Americans' financial struggles are not a factor in his decision-making regarding Iran, emphasizing that preventing Tehran from acquiring a nuclear weapon is his sole priority. This stance comes as rising energy costs linked to the conflict contribute to inflation and voter concerns ahead of the midterm…

The Economic Times

Gold Price today: Will gold rate crash on Wednesday? Donald Trump holds key

Gold rate today: Reopeing of Strait of Hormuz and lasting peace in Iran will play pivotal role in dictating gold price.

The Economic Times

With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of Hormuz

Kuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in the Persian Gulf. Israel has deployed air defense to the UAE. The Strait of Hormuz remains a critical point of contention. Norway reports stranded vessels due to shipping…

The Economic Times

$4.8M settlement reached over Louisiana traffic stop death, AP sources say

A settlement agreement says the family of a Black man who died while being punched, kicked and stunned by five white Louisiana State Police troopers during roadside arrest agreed to a tentative $4.85 million settlement

The Independent UK

Sponsors were asked to shell out $1 million for Sean Duffy’s road trip reality show. Corporations came speeding in

Perks for sponsorship include featured placement in episodes alongside Duffy, who regulates some of the companies backing the program

The Independent UK

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The Economic Times

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Oil prices dipped as investors awaited developments on the Iran ceasefire and President Trump's summit with China's Xi Jinping. Brent crude futures fell to $106.95 a barrel, and WTI futures to $101.52. The ongoing conflict and supply disruptions are expected to keep oil prices above $80 for the year.

The Times of India

Hegseth pushes Trump’s $1.5 trillion defense budget for 2027 as Congress presses Pentagon over Iran war costs

Defense Secretary Pete Hegseth defended President Trump's proposed $1.5 trillion military budget amid congressional scrutiny over the Iran war's escalating costs, now at $29 billion. Lawmakers questioned the strain on weapons stockpiles, while Hegseth acknowledged increased production to support ongoing operations and future needs.

The Economic Times

US Court halts order finding new Trump tariffs unlawful for now

A federal appeals court has put a hold on a ruling that found President Donald Trump's global tariffs unlawful. This means importers will continue to pay the 10% tariffs for now. The court is considering the administration's request to keep collecting the levies while it appeals the decision. This pause…

The Guardian - US

Trump news at a glance: despite presidential pressure, some Republicans in South Carolina take stand against redistricting

Five Republicans joined all Democrats in the state senate to reject a redistricting proposal that Trump is pushing for – key US politics stories from Tuesday 12 May at a glance

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The Economic Times

Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency

President Donald Trump is in Beijing for a state visit with Chinese leader Xi Jinping. The leaders will discuss trade, aiming to sign deals for American food and aircraft. They will also address differences through a new "Board of Trade." The status of Taiwan and potential weapons sales are major…

The Economic Times

Donald Trump-Xi Jinping meeting date, venue: Key takeaways, highlights, what to know

Donald Trump is scheduled to arrive in Beijing on Wednesday ahead of his meetings on Thursday and Friday. Trup and Xi Jinping are due to visit the Temple of Heaven on Thursday, according to the White House.

The Independent UK

Trump accuses media of ‘treason’ over Iran war coverage

IN FULL

The Economic Times

Where is Melania Trump? U.S First Lady is not travelling to China accompanying Donald Trump

US President Donald Trump told the media that among the several items for discussions with China, trade would be a key focus area.

The Independent UK

Record number of Americans are leaving the country and renouncing their citizenship for good, report says

In the aggregate, as many as 295,000 more people may have left the U.S. than immigrated there in 2025, according to one study

The Times of India

Donald Trump heads to China for high-stakes Xi meeting; trade top agenda, Iran likely in focus

President Donald Trump embarked on a crucial three-day visit to China, with trade negotiations and tensions over Iran topping the agenda. Trump expressed optimism about strengthening US-China ties and his relationship with President Xi Jinping, emphasizing trade as the primary focus of their discussions.

International Business Times UK

Near $30BN Military Tab Stokes Petrol Surge With Consumers Accusing Fuel Retailers of Price Gouging Amid Price Variation

The Pentagon's revised $29 billion estimate for the US-Iran conflict is linked to rising fuel prices, sparking consumer complaints of price gouging and political scrutiny over defence spending.

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