Tag: pauses
Asia markets soar, after President Trump pauses global tariffs
By Sherisse Pham HONG KONG – Asian markets soared on Thursday in line with Wall Street’s gains the day before, following President Trump’s announcement of a pause on his higher global tariffs. Hong Kong’s Hang Seng Index also gained 2%, while key indices in China also rose slightly. But investors are still looking to Beijing…
US stocks make historic gains after Trump pauses some tariffs
US shares have rocketed after US President Donald Trump said he would suspend steep tariffs on goods from most countries, and instead impose a 10% import tax rate. The White House said it was backing off on higher levies for trade partners that had agreed to negotiate, although Trump said he would raise tariffs on…
Judge pauses Trump administration plans to end deportation protection for Venezuelans
By The Associated Press SAN FRANCISCO (AP) — A federal judge on Monday paused plans by the Trump administration to end temporary legal protections for hundreds of thousands of Venezuelans, a week before they were scheduled to expire. The order by U.S. District Judge Edward Chen in San Francisco is a relief for 350,000 Venezuelans…
Judge pauses Trump plan to put thousands of USAID staff on leave
A federal court has issued a “very limited” temporary order halting President Donald Trump’s plan to gut the United States Agency for International Development (USAID). The judge issued a restraining order that would block 2,200 employees from being put on administrative leave as was scheduled by midnight Friday. USAID employs about 10,000 people – two-thirds…
London-listed miner pauses Mozambique operation amid political unrest
Gemfields makes decision over ruby mining after groups ‘took advantage’ of situation to try to invade its site The London-listed mining company Gemfields said it had temporarily halted its ruby mining operation in Mozambique after groups “took advantage” of political unrest to set fire and attempt to invade its site, resulting in two deaths. Gemfields,…