Thursday, April 3
22Mar By AdminsNo Comments

Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet

US President Donald Trump has announced Boeing will build the Air Force's future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned jet will serve as quarterback to a fleet of future drone aircraft designed to be able to penetrate the air defences of China and any other potential foes. The initial contract to proceed with production on a version for the Air Force is worth an estimated $US20 billion ($AU31 billion). The 47th president, who announced the award at the White House with Defence Secretary Pete Hegseth and Air Force leadership, said with a grin that the new fighter would be named th...
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13Mar By AdminsNo Comments

Canada and EU swiftly retaliate against Trump’s steel and aluminium tariffs

Major trade partners have swiftly hit back at US President Donald Trump's increased tariffs on aluminium and steel imports, imposing stiff new taxes on US goods including products from textiles and water heaters to beef and bourbon. Canada, the largest steel supplier to the US said on Wednesday (early Thursday AEDT) it would place 25 per cent reciprocal tariffs on steel products and also raise taxes on a host of items: tools, computers and servers, display monitors, sports equipment, and cast-iron products. Across the Atlantic, the European Union will raise tariffs on American beef, poultry, bourbon, motorcycles, peanut butter and jeans Across the Atlantic, the European Union will raise tariffs on American beef, poultry, bourbon, motorcycles, peanut butter and je...
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13Mar By AdminsNo Comments

US official labels Australia a ‘dumper’ of aluminium as tariff fallout continues

US Commerce Secretary Howard Lutnick has labelled Australia as a "dumper" of under-priced aluminium as domestic politicians scramble to push for an exemption on steel and aluminium tariffs. "You've got dumpers in the rest of the world. Japan dumps steel, China dumps steel," he told Fox Business. "We're going to stop that nonsense and bring steel here. "We're not going to stand for China dumping, Japan dumping, Australia does a lot of aluminium at below cost." Trump refused to grant Australia an exemption. (Getty) Lutnick said Trump was "protecting America". Australia's steel and aluminium exports to the US amount to about 0.2 per cent of the national total export value. This morning, opposition leader Peter Dutton promised to "get a deal done" with U...
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13Mar By AdminsNo Comments

The Arctic is in trouble. The consequences will be felt around the world

The Arctic has long filled humans with awe, but there are now profoundly worrying signals coming from the frozen landscape at the top of our planet, and scientists are deeply concerned about its future as the Trump administration pulls the US out of global climate strategy and guts its science agencies. Last month was extreme: Temperatures in parts of the Arctic spiked 20 Celsius above normal. By the end of the month, sea ice was at its lowest level ever recorded for February, marking the third straight month of record lows. This follows a year of concerning signs from the region, including intense wildfires and thawing permafrost pumping out planet-heating pollution. Icebergs drift in calm seas off the Greenland coast. (iStock) It paints a grim picture of a r...
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13Mar By AdminsNo Comments

Steel and aluminum are central to American life. These are the industries and products that will be impacted by new tariffs

Steel and aluminum are ubiquitous in Americans' lives. A stainless steel refrigerator holds aluminum soda cans. A stainless steel drum tumbles inside an aluminum washing machine. They're the metals used in cars and airplanes, phones and frying pans, skyscrapers and zippers. That's why President Donald Trump's 25 per cent tariffs on all steel and aluminum imports, which went into effect yesterday, could have widespread impact on manufacturers and consumers. Here are some of the industries and products that rely on aluminum and steel: Construction The construction industry uses about one-third of all US steel shipments, more than any other industry, according to the Council on Foreign Relations. The industry depends on a global supply chain...
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8Mar By AdminsNo Comments

Judge orders Trump administration to speed up payment of USAID and State Department debts

A federal judge on Thursday ordered the Trump administration to speed up its payment on some of nearly $US2 billion in debts to partners of the US Agency for International Development and the State Department, giving it a Monday deadline to repay the nonprofit groups and businesses in a lawsuit over the administration's abrupt shutdown of foreign assistance funding. US District Judge Amir Ali described the partial payment as a "concrete" first step he wanted to see from the administration, which is fighting multiple lawsuits seeking to roll back the administration's dismantling of USAID and a six-week freeze on USAID funding, which has forced US-funded organisations to halt aid and development work around the world and lay off workers. Ali's line of questioning in a four-hour h...
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