President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
President Donald Trump has signed a Proclamation reducing import duty to 10% on steel, aluminum, and copper for foreign companies that heavily utilize American metals. Under the new U.S. trade policy, foreign products qualify for this reduced, preferential tariff rate if they contain at least 85 percent U.S.-melted/poured steel or smelted/cast aluminum and copper by weight. This preferential 10
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.