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Where Trump's tariffs could hurt Americans' wallets
Where Trump's tariffs could hurt Americans' wallets
by  AFP

As global financial markets plunge in the wake of US President Donald Trump's "Liberation Day" tariffs, Americans must also grapple with the potentially long-lasting impact of the move on household budgets. Yale's Budget Lab estimated the effect of recent tariffs, up to and including Wednesday's announcement, would cause a 17 percent rise in the cost of clothing and textiles.

Trump says 'very close to a deal' on TikTok
Trump says 'very close to a deal' on TikTok
by  AFP

President Donald Trump said his administration was "very close" to a deal to find a buyer for TikTok, which faces a US ban if not sold by its Chinese owner by the weekend. Trump has downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business.

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