30/05/2025
Yesterday and this morning/International news hot topics:
1. The US appellate court allowed Trump's tariff policy to remain in effect temporarily, after the US International Trade Court suspended the "Liberation Day" tariff policy; Trump's officials have shown great confidence in winning the lawsuit and believe that even if they lose, they can find another way to impose tariffs. At the same time, tariff negotiations will continue to advance, and there will be three agreements in the coming weeks; US Treasury Secretary: There has been no change in the attitude of trading partners in the past 48 hours.
2. Since taking office, Trump has met with Powell for the first time. Trump demanded a rate cut, while Powell insisted on the independence of monetary policy.
3. The GDP growth rate of the United States in the first quarter was slightly revised upwards to -0.2%, and the number of initial jobless claims in the United States recorded 240000 for the week ending May 24th.
4. Federal Reserve Gulsby: If tariffs are avoided through agreements or other means, it may return to a situation where interest rates can be lowered.
5. The Japanese Prime Minister had a 25 minute phone call with Trump. The former stated that if necessary, they may visit the United States before the G7 summit.
6. Indian officials: The US trade team will visit India on June 5-6, and trade negotiations are proceeding as planned, studying the impact of US court rulings on tariff decisions.
7. The White House confirmed that the United States has submitted a ceasefire plan supported by Israel to Hamas, which stated that the plan does not meet its requirements but is currently being studied.
8. Kremlin: Currently, Russian President Putin has no plans to engage in dialogue with Trump.
9. US Ambassador to Syria: Trump will announce that Syria will no longer be listed as a state sponsor of terrorism.
10. A federal judge in the United States has suspended Harvard University's policy of admitting international students.