A Pentagon plan to use a high-energy, counter-drone laser without having coordinated with the Federal Aviation Administration about potential risks to civilian flights prompted Wednesday’s

Donald Trump last week announced that the US would slash tariffs on Taiwan to 15 per cent in exchange for a $250bn investment in the US chip industry, as Washington moves to secure semiconductor supply chains and boost investment in American manufacturing.

US Energy Secretary Chris Wright toured oil producing facilities in Venezuela with its acting president Delcy Rodríguez as the Trump administration moves to control sales of the country’s oil.

The United States will send the USS Gerald R. Ford aircraft carrier to the Middle East amid escalating tensions with Iran, according to US media outlets.

The New York Fed found that 90% of the cost of increased tariffs, which Trump imposed on goods from Mexico, China, Canada and the European Union, was paid for by companies and often passed on to shoppers. "US firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."

Wall Street broker Clear Street has postponed its Friday U.S. initial public offering, citing "market conditions," marking the second delayed listing in a week amid another bout of market volatility.

Nuclear talks between the US and Iran have concluded in Oman. Meanwhile, President Donald Trump is facing backlash over sharing a racist video. Follow for live news updates.