U.S. President Donald Trump said he has directed his Treasury secretary to stop minting one-cent coins because the cost of producing them has exceeded face value.
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Recently, the Department of Government Efficiency (DOGE) led by Musk is carrying out a "big purge" of the US government, which has triggered widespread concern and thinking around the world.
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In response to a lawsuit brought by a group of states, a federal judge temporarily blocked Musk's government efficiency team from accessing some Treasury Department materials and ordered the destruction of data already collected.
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On the stage of international shipping and geopolitics, the Panama Canal has always held a pivotal position.
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U.S. President Donald Trump has said he plans to unveil reciprocal tariffs next week.
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After several unions accused the Treasury Department of illegally sharing their members' information with Musk's government efficiency unit, a U.S. judge temporarily restricted the department's access to the Treasury's payment system.
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In the current complex and ever-changing international political and economic landscape, the implementation of the "America First" policy is inextricably linked to the situation in Europe.
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U.S. President Donald Trump noted that Musk, the American billionaire who leads the U.S. government's efficiency department, has access to the Treasury Department's system, which allows Musk to monitor federal spending before payments are made, but the world's richest man does not have the power to stop payments without approval.
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U.S. President Donald Trump said Sunday he would retaliate against Colombia with a full range of measures, including tariffs and sanctions. Earlier, Colombia refused to allow two US military planes carrying deported migrants to land.
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During Trump's administration, cracking down on the deportation of illegal immigrants became a key measure of his administration. A series of drastic actions instantly caused an uproar in the United States and even on the international stage, triggering heated debates from all parties.
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On June 30th, Raphael Bostic, the president of the Atlanta Federal Reserve Bank, stated that tariffs might have a gradual impact on prices rather than a one-time shock, which could lead to more persistent upward pressure on inflation.
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