South African President Cyril Ramaphosa vowed not to be bullied in response to threats from U.S. President Donald Trump over a new land expropriation law, without mentioning Trump by name. Ramaphosa defended the law as aimed at unused land and announced a $50 billion investment in infrastructure to boost the economy, while addressing concerns about a freeze on HIV/AIDS aid from the U.S.
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US stock markets continue slump as China hits back on Trump tariffs | Donald Trump News
U.S. stock markets experienced significant losses, with the Dow down 5.5%, Nasdaq down 5.8%, and S&P 500 down nearly 6%, marking the worst two-day stretch since March 2020, amid global trade war fears following President Trump's announcement of reciprocal tariffs. China retaliated with a 34% tariff on U.S. goods, exacerbating market fears, while Federal Reserve Chair Jerome Powell warned of potential higher inflation and unemployment. Critics accused Trump of being disconnected from economic struggles as...
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