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President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets.

Trump also said he would start charging a 30% tariff on upholstered furniture next week.

He said the new heavy-duty truck tariffs were to protect manufacturers from “unfair outside competition” and said the move would benefit companies such as Paccar-owned PCAR.O Peterbilt and Kenworth and Daimler Truck-owned DTGGe.DE Freightliner.

Trump has launched numerous national security probes into potential new tariffs on a wide variety of products.

He said the new tariffs on kitchen, bathroom and some furniture were because of huge levels of imports that were hurting local manufacturers.

“The reason for this is the large-scale ‘FLOODING’ of these products into the United States by other outside Countries,” Trump said, citing national security concerns about U.S. manufacturing.

The U.S. Chamber of Commerce urged the department not to impose new tariffs, noting the top five import sources are Mexico, Canada, Japan, Germany and Finland “all of which are allies or close partners of the United States posing no threat to U.S. national security.”

Mexico is the largest exporter of medium- and heavy-duty trucks to the United States. A study released in January said imports of those larger vehicles from Mexico have tripled since 2019.

Higher tariffs on commercial vehicles could put pressure on transportation costs just as Trump has vowed to reduce inflation, especially on consumer goods such as groceries.

Tariffs could also affect Chrysler-parent Stellantis STLAM.MI, which produces heavy-duty Ram trucks and commercial vans in Mexico. Sweden’s Volvo Group VOLVb.ST is building a $700 million heavy-truck factory in Monterrey, Mexico, set to start operations in 2026.

Mexico is home to 14 manufacturers and assemblers of buses, trucks, and tractor trucks, and two manufacturers of engines, according to the U.S. International Trade Administration.

The country is also the leading global exporter of tractor trucks, 95% of which are destined for the United States.

“We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!” Trump added.

Mexico opposed new tariffs, telling the Commerce Department in May that all Mexican trucks exported to the United States have on average 50% U.S. content, including diesel engines.

Last year, the United States imported almost $128 billion in heavy vehicle parts from Mexico, accounting for approximately 28% of total U.S. imports, Mexico said.

The Japanese Automobile Manufacturers Association also opposed new tariffs, saying Japanese companies have cut exports to the United States as they have boosted U.S. production of medium- and heavy-duty trucks.

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Iraq is entering ‘a new phase’ of stability and growth, President Abdullatif Jamal Rashid said in an interview, declaring the country ‘100% safe’ as U.S. troops prepare to draw down after more than two decades on the ground.

While praising the U.S. for helping to defeat ISIS, Rashid stressed that Iraq now intends to stand on its own — maintaining ties with both the United States and neighboring Iran.

‘Americans have helped us in defeating terrorism… and I think Iraq is 100% safe and secure,’ Rashid told Fox News Digital on the sidelines of the United Nations General Assembly. ‘It’s a new phase in Iraq, really concentrating on improving the infrastructure.’

Those who served in Iraq in the early 2000s — through the War on Terror and a civil war — may not recognize it as the same place, according to Rashid.

‘We have started development in every field of life, and there are good opportunities for number of American companies, American businessmen, to be our partner in improving the situation in Iraq.’

Under this ‘new phase,’ Rashid said he wants Iraq to be defined less by conflict and more by commerce.

‘Our relationship with the United States is a long relationship. We want to make a stronger relationship… on trade, on investment, on energy and water.’

The timing is significant. The U.S.-led coalition that toppled Saddam Hussein in 2003 and later fought ISIS was scheduled under an agreement last year to begin its final withdrawal this September. That exact timeline is unclear, and the Pentagon has disclosed few details.

The issue is sure to dominate next month’s parliamentary elections, where a swath of Iraqis want the U.S. to adhere to its agreement and leave.

‘This is a hot button political issue,’ said Behnam Taleblu, fellow at the Foundation for Defense of Democracies (FDD), ‘with a timetable that was technically — or at least allegedly — already supposed to have started by then, is going to be something that we should be keeping our eyes on.’

American commanders have warned that ISIS cells remain active in rural areas, while Iran-aligned militias have targeted U.S. and Iraqi government facilities with rockets and drones.

Some argue the counter-ISIS mission is not over, and U.S. troops should remain. Others say the U.S. footprint lacks a clear purpose at this point.

‘The deterrent effect of U.S. forces there, I think, could be significant,’ said Taleblu.

Pressed on these concerns, Rashid dismissed talk of Iraq being ‘overrun with Iranian proxies’ as exaggerated and said Baghdad is determined to prevent outside powers from dictating its politics.

‘We want to keep our independence, our decision-making in Iraq as the Iraqis, not to be influenced by outsiders,’ he said.

On reports of militia attacks, Rashid claimed ignorance but insisted such actions would not be tolerated.

‘I’m not really aware of any groups [carrying out attacks]. We will not allow it. And these are against the Iraqi security and Iraqi independence,’ he said.

Still, the perception of Iranian influence remains a flashpoint in Washington.

‘Iranian influence has already taken over Iraq,’ Rep. Joe Wilson, R-S.C., told Fox News Digital.

Tehran has close ties to Shiite parties that shape government coalitions in Baghdad, and it supports militias within the Popular Mobilization Forces that remain powerful players in the country’s security environment.

Iraq also relies on Iranian electricity and natural gas imports, while Iranian goods fill local markets, making Iraq one of Tehran’s most important trading partners despite international sanctions.

That reach, however, is not uncontested. Iraqi nationalist movements — including many Shiites — have resisted Tehran’s sway, and mass protests in recent years have condemned Iran’s role, sometimes targeting its consulates. Baghdad today remains a space of competing influence.

‘The Islamic Republic benefits from Iraq looking like Swiss cheese,’ said Taleblu, referring to Iranian pockets of influence across the country and its institutions.

‘Iran and Iraq are two neighbors,’ Rashid said, emphasizing that they had friendly relations. ‘We will not allow politicians from either [U.S. or Iraq] to be imposed on Iraqi people.’

Still others say Iran could take note of the Iraqi success story. In less than 20 years, the nation rose from decades of conflict and dictatorial leadership under Saddam Hussein to relative stability and democratic elections.

Rashid confirmed that Baghdad and the Kurdistan Regional Government have resolved their dispute over oil exports, paving the way for flows to resume after months of disruption. ‘It’s a big deal,’ said Rashid, who himself is Kurdish by background.

The Iraqi presidency is reserved for a Kurd under an informal power-sharing agreement, while the prime minister is Shi’a Arab and the speaker of the parliament is Sunni Arab.

Rashid also pointed to November’s parliamentary elections as proof of democratic stability.

‘We are going to have elections in two months’ time in November. That’s really an indication of how stable the country is… We want the process to be fully democratic,’ he said.

But the Popular Mobilization Forces (PMF) — a state-sanctioned umbrella of mostly Shiite militias, some with close ties to Tehran — are seen by critics as a parallel power structure undermining Iraq’s sovereignty.

Rashid, however, argued that integrating all armed groups under the constitution strengthens, rather than weakens, the state.

And on foreign policy, Rashid tried to position Iraq as a bridge.

He welcomed growing recognition of a Palestinian state, cautiously praised Donald Trump’s push for peace in Gaza, and reiterated that war — whether in the Middle East or in Ukraine — ‘doesn’t solve any problem. It makes the problem more complicated.’

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A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court on Thursday in support of Fed governor Lisa Cook, who President Donald Trump is seeking to remove.

The group, led former central bank chiefs Alan Greenspan, Ben Bernanke and Janet Yellen, said that “allowing the removal of Governor Lisa D. Cook while the challenge to her removal is pending would threaten that independence and erode public confidence in the Fed.”

The bipartisan group, which also includes former Treasury Secretaries Robert Rubin, Larry Summers, Hank Paulson, Jack Lew and Timothy Geithner, added that “the independence of the Federal Reserve, within the limited authority granted by Congress to achieve the goals Congress itself has set, is a critical feature of our national monetary system.”

As the U.S. central bank, the Federal Reserve is part of the U.S. government and its leaders are put in place by elected officials, but it also retains a considerable amount of independence that is meant to allow it to make decisions purely out of economic concerns rather than political ones.

The former economic officials said that an erosion of Fed independence could result “in substantial long-term harm and inferior economic performance overall.”

The Supreme Court is considering whether Trump has the authority to fire Cook, who has been a target for the White House for weeks as part of a broader pressure campaign to push the Fed to more aggressively cut interest rates.

Cook’s attempted removal stems from allegations of mortgage fraud, made in August by top Trump ally and Federal Housing Finance Authority Director Bill Pulte.

Cook has repeatedly denied the allegations and has not been charged with any crime. Documents reviewed by NBC News in mid-September appeared to contradict Pulte’s allegations.

Two courts have so far blocked Cook’s removal, leading Trump to ask the Supreme Court a week ago to allow him to fire her. In a court filing, Solicitor General D. John Sauer said a judge’s ruling that blocked the firing constituted “improper judicial interference.”

In a filing to the Supreme Court on Thursday, Cook’s lawyers said that ‘she committed neither ‘fraud’ nor ‘gross negligence’ in relation to her mortgages.’

Cook asked the court to deny Trump’s attempt to remove her while the case is argued.

The White House has repeatedly maintained that Trump “lawfully removed Lisa Cook for cause.”

The brief filed Thursday is a who’s who of the country’s top economic minds. Former Fed governor Dan Tarullo is also listed as a signatory to the brief, as well as the economists Ken Rogoff, Phil Gramm and John Cochrane.

Glenn Hubbard, Greg Mankiw, Christina Romer, Cecilia Rouse, Jared Bernstein and Jason Furman, a group who served as top officials on the White House’s council of economic advisers during Republican and Democrat administrations, also signed the brief.

None of the officials who signed the filing have served in either of Trump’s administrations.

Lisa Cook is sworn in during a Senate Banking hearing in 2023.Drew Angerer / Getty Images file

Trump is the first president in U.S. history to try to remove a sitting Fed official.

‘There is broad consensus among economists, based on decades of macroeconomic research, that a more independent central bank will lead to lower and more stable inflation without creating higher unemployment — thus helping to achieve the Federal Reserve’s statutory objective of price stability and maximum employment,’ the officials said in the brief.

‘The Federal Reserve walks a careful line in pursuit of its goals.’

They noted that ‘elected officials often favor lowering interest rates to boost employment, particularly leading up to an election.’

‘Although that approach may satisfy voters temporarily, it does not lead to lasting gains for unemployment or growth and can instead lead to persistently higher inflation in the long-term and thus ultimately harm the national economy.’

The former Fed chairs and economic officials, in their filing, highlight a notorious case of political pressure on the Fed:

‘In the early 1970s, President Richard Nixon famously exerted political pressure over then-Chair of the Fed Arthur Burns to lower unemployment by reducing interest rates. During this period ‘the Fed made only limited efforts to maintain policy independence and, for doctrinal as well as political reasons, enabled a decade of high and volatile inflation.’ This contributed to an ‘inflationary boom’ and deep recession that took years to bring back under control.’

This post appeared first on NBC NEWS

Eastern European leaders are urging President Donald Trump to keep U.S. troops on NATO’s eastern flank after a wave of Russian air and drone incursions, warning that Vladimir Putin is ‘pushing the limits’ and will ‘believe only what he sees’ from allied defenses.

In interviews with Fox News Digital, ministers from Estonia, Lithuania and Romania said the alliance must harden its posture — moving from air policing to integrated air and missile defenses, sharpening rules of engagement and sustaining U.S. troop rotations — to prevent Russia from normalizing violations and eroding Article 5 credibility. They paired the military message with calls for tighter sanctions and an end to European energy dependence that funds the Kremlin’s war machine.

Their appeals land as Washington weighs a new national security strategy aimed at prioritizing homeland defense. Before the most recent incursions, U.S. officials had cautioned allies to prepare for a reduction of the American footprint, pressing Europe to take on a greater share of the burden.

‘We hope U.S. troops remain in the region. Their presence secures peace and sends a clear signal,’ Estonia’s foreign minister Margus Tsahkna said. ‘Putin understands only the language of strength. His goal is the restoration of the Soviet empire.’

This month Russian drones were detected in Polish and Romanian airspace, while Russian missile-carrying MiG-29s crossed briefly into Estonian territory. For the ninth time this year, Russian jets were also spotted inside the Alaskan Air Defense Identification Zone.

Ahead of the U.S. expected global review of force posture, Lithuania’s foreign minister Kęstutis Budrys said deterrence must be visible, not theoretical.

He said he has been making the case to U.S. counterparts: ‘This presence makes the difference. It forces Russia to change its calculations.’

‘Russia they have to see. They don’t believe in our plans and our protocols. They believe in what they see. So they are crossing our airspace, and they see no reaction,’ he went on. ‘With the presence of the troops. When they see that they are stationed there, and they are training. And they’re interacting with the local armed forces. For them, this is the message that, okay, we are not getting in there.’

‘U.S. rotational deployments are one of the most effective deterrents,’ Budrys said. ‘Russia doesn’t believe in our plans; it believes what it sees.’

Romania’s warning

Romanian foreign minister Oana Țoiu echoed the Baltics, adding that security on the Black Sea is tied to U.S. interests.

‘Every country sets its priorities, but the security of the eastern flank also serves U.S. security and financial interests — there’s real potential for joint investment, cyber, energy and infrastructure if security is ensured,’ she said.

Țoiu noted Romania has authorized its forces to shoot down Russian drones that threaten its territory and economy, and stressed the importance of NATO’s U.S. presence. Bucharest is also positioning itself as a regional energy supplier, expanding nuclear power with U.S. support and tapping natural gas fields in the Black Sea.

Washington’s role

About 80,000 American troops are stationed across Europe, according to U.S. European Command — down from roughly 105,000 just after Russia’s full-scale invasion of Ukraine. Thousands rotate through Lithuania, Estonia hosts a persistent U.S. contingent and roughly 3,000 are based in Romania, according to the State Department.

Despite speculation about U.S. drawdowns, Trump and senior officials have sharpened their rhetoric. On Monday, U.S. Ambassador to the U.N. Mike Waltz pledged Washington would defend ‘every inch’ of NATO territory. Trump suggested intruding Russian aircraft should be shot down and insisted Ukraine, with European support, can take back all of its territory.

Rep. Joe Wilson, R-S.C., a senior member of the House Foreign Affairs Committee, said those statements have resonance.

‘The unity of NATO has never been clearer,’ Wilson told Fox News Digital. ‘Sweden and Finland are now members. Trump correctly pointed out allies weren’t reaching 2 percent, now he’s moving to 5 percent. That means peace through strength.’

Eastern Sentry

In response to Russia’s provocations, NATO launched Eastern Sentry on September 12, 2025. The multidomain activity, led by Allied Command Operations, brings together fighter jets, naval assets and counter-drone systems from multiple allies to plug gaps and rotate forces across the eastern flank — from the Baltics to the Black Sea. Unlike a static buildup, the mission is designed to adapt quickly to emerging threats and demonstrate flexible deterrence.

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An appellate court is poised to decide a case that supporters and opponents of abortion access are closely watching because the decision could put Planned Parenthood, a prolific abortion vendor, on the hook for up to $1.8 billion.

A full panel of judges on the U.S. Court of Appeals for the 5th Circuit heard oral arguments Thursday in the years-long case, which centers on Planned Parenthood’s use of Medicaid funds in Texas and Louisiana.

Jennie Bradley Lichter, president of March for Life, told Fox News Digital the ‘stakes couldn’t be higher’ and that the lawsuit could bankrupt Planned Parenthood, a nonprofit with hundreds of clinics across the country.

‘Planned Parenthood is facing a repayment obligation of close to $2 billion because it continued to fill its coffers with taxpayers’ money even after two states had already disqualified it,’ Lichter said. ‘If that obligation stands, it will strike a serious — even existential — blow to Planned Parenthood’s national operations and potentially change the abortion landscape in this country forever.’

The case comes after Texas and Louisiana stripped Planned Parenthood affiliates of their Medicaid qualifications in response to activist David Daleiden releasing video footage showing Planned Parenthood staff discussing selling aborted fetal tissue.

Daleiden faced a lawsuit and prosecution for illegally recording the staff, but his footage set off a firestorm in the pro-life movement and caused it to ramp up its efforts to weaken the nonprofit.

Planned Parenthood, however, sued Texas and Louisiana and initially won an injunction that allowed it to keep receiving the Medicaid reimbursements. But the decision was reversed on appeal years later.

An anonymous litigant then brought a new lawsuit on behalf of the two states seeking to claw back the millions of dollars Planned Parenthood had collected while the injunction had been in place.

Court papers indicate that the potential money Planned Parenthood could now owe — reimbursement of the Medicaid dollars it collected plus various multipliers — could add up to $1.8 billion. The exact dollar amount would be determined by a jury in the lower court.

But Planned Parenthood and the anonymous litigant, named in court papers as ‘Alex Doe,’ are now waiting to see where the conservative 5th Circuit will land.

The issue before the 5th Circuit’s en banc panel is about whether Planned Parenthood had immunity when it collected the four years’ worth of Medicaid dollars. Planned Parenthood has argued it has immunity because its counsel advised it to collect the payments during the injunction period.

Thursday’s oral arguments came after a three-judge panel for the 5th Circuit comprising two Republican-appointed judges and one Democrat-appointed judge sided with Planned Parenthood.

Susan Manning, general counsel for Planned Parenthood Federation of America, blasted the Texas and Louisiana lawsuit as a ‘politically-motivated’ attempt to put the nonprofit out of business.

‘This baseless case has only one goal: to shut down Planned Parenthood and deny patients access to sexual and reproductive health care,’ Manning said in a statement this year. ‘Planned Parenthood health centers are nonprofits that provide essential, high-quality health care to more than 2 million people nationwide every year.’

Separately, pro-life activists made progress in their mission to defund Planned Parenthood this year when Congress voted to strip the nonprofit of Medicaid funding at the federal level for a one-year period.

The U.S. Court of Appeals for the 1st Circuit sided against Planned Parenthood in a lawsuit over the measure.

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The United Nations on Friday failed to adopt a resolution brought by China and Russia that would have extended sanctions relief for Iran for another six months under the nuclear deal.

The vote was 4 to 9, with Algeria, China, Pakistan and Russia in favor and Denmark, France, Greece, Panama, Sierra Leone, Slovenia, Somalia, the United Kingdom and the United States against.

Guyana and South Korea abstained.

The vote came after Britain, France and Germany triggered the deal’s ‘snapback’ measure, which reinstates sanctions on Iran following stalled talks on its nuclear program.

The sanctions, which will go into effect unless there’s a last-minute deal Friday, will include freezing Iranian assets abroad, halting arms deals with Tehran and penalizing any development of Iran’s ballistic missile program. 

‘We had hoped that European colleagues and the U.S. would think twice, and they would opt for the path of diplomacy and dialogue instead of their clumsy blackmail, which merely results in escalation of the situation in the region,’ Dmitry Polyanskiy, deputy Russian ambassador to the U.N., said during the meeting.

Iran’s foreign minister, Abbas Araghchi, had also been meeting with his French, German and British counterparts in the lead-up to the U.N. vote. 

A European diplomat told The Associated Press the meeting ‘did not produce any new developments, any new results.’

On Tuesday, Ayatollah Ali Khamenei, Iran’s supreme leader, also said Iran would not ‘surrender to pressure’ and that negotiations with the U.S. would be a ‘dead end.’ 

In an interview on Friday, Iranian President Masoud Pezeshkian called the decision ‘unfair, unjust and illegal.’

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS

A Trump administration official was physically assaulted by a ‘deranged leftist’ inside the United Nations Thursday afternoon during the gathering of the UN General Assembly, Fox News Digital has learned.

An official working in international relations for the Department of Health and Human Services was in New York City serving in a support role for HHS Secretary Robert F. Kennedy Jr. and the department’s leadership team at UNGA.

‘An HHS official was followed into a bathroom, recorded, physically assaulted and verbally accosted by a deranged leftist at the UN who somehow entered the venue past multiple layers of security,’ White House Deputy Press Secretary Anna Kelly told Fox News Digital. ‘Thankfully, the official is safe, and the lunatic was arrested, but this is part of a disturbing and dangerous set of failures by the UN after their sabotage of President Trump ahead of and during his speech.’

Kelly told Fox News Digital that the U.S. Secret Service will investigate ‘how this violent protester was admitted into a major national security event.’

A source familiar told Fox News Digital that the individual has been charged with assault, aggravated harassment, attempted assault and criminal possession of a weapon. The individual was released from custody at 7:30 p.m. Friday night, the source said. The individual is expected in court next on Nov. 13. 

‘The UN must answer why these highly concerning incidents continue to happen against the president and his staff,’ Kelly said.

‘We are outraged that a member of the U.S. delegation was physically assaulted inside of UN Headquarters the afternoon of September 25,’ a U.S. UN spokesperson told Fox News Digital. ‘This attack must be addressed swiftly, and consequences must be felt.’

The spokesperson told Fox News Digital that ‘the UN itself recognizes that it has lost its way.’

‘Now, it has devolved into an arena where an American delegation member is harassed and assaulted,’ the spokesperson said. ‘If you can’t keep people safe in your own building, how can you claim to be the world’s diplomatic center?’

The spokesperson called the incident ‘unacceptable,’ and told Fox News Digital that the United Nations ‘will use every available resource to support the U.S. Secret Service into their investigation of this incident.’

‘We know the UN needs dramatic reform and now must also immediately implement a thorough review of the UN’s security operations,’ the spokesperson said. ‘The UN’s failures are evident worldwide, and now in its own halls.’

The U.S. UN spokesperson added: ‘Enough is enough.’

The official recounted her experience of being followed, harassed, and physically assaulted inside the United Nations in an exclusive interview with Fox News Digital.

The official told Fox News Digital that she was walking down the hallway at the UN when a woman began berating her and shining a bright light in her face.

‘It was very disorienting,’ the official said. ‘Once I took a step back and regained my footing, it didn’t stop. I realized what was happening. I realized I was being yelled at and that the light was also a recording device.’

The official tried to get away from the woman who was screaming derogatory and pro-Palestinian comments at her as she followed closely behind.

The official said the woman called her a ‘fascist’ and a ‘Nazi.’ 

‘The insults changed to specific insults,’ the official said, telling Fox News Digital that she went into the women’s bathroom to get away, but that the woman kept following her.

‘Her yelling turned into screaming—hyper-aggressive insults,’ the official said. 

The official tried to hide in a bathroom stall, but told Fox News Digital that the woman was pushing and trying to get into the stall. Once the official was able to close the door, the woman put the camera over the door of the bathroom stall to continue filming the official and screaming. 

The official waited for the screaming to stop, and exited the stall, hoping the woman had left, but the woman was waiting for her at the door, and continued to follow her into the hallway, continuing to yell at her and shine the light in her face. Eventually, the official was able to get away.

The official told Fox News Digital the incident lasted approximately 10 minutes.

‘It felt very political in nature,’ she said. ‘Secretary Kennedy gets a tremendous number of bows and arrows and threats that he deals with, but it seems that it’s not enough, and it is trickling down.’

She added: ‘That’s a scary thing for the team. But we’re more empowered, and we have amazing leadership.’

Fox News Digital has learned that the woman was arrested by the New York City Police Department. It is unclear whether she is still in custody.

The NYPD did not immediately respond to Fox News Digital’s request for comment. 

The United Nations did not respond to Fox News Digital’s request for comment. 

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President Donald Trump kicked off the week delivering remarks at the United Nations General Assembly, and closed it out by attending the 2025 Ryder Cup golf competition. 

During his address to the U.N. General Assembly debate Tuesday, Trump cautioned that Europe is in a crisis due to an influx of illegal immigration and warned that U.N. countries are ‘going to hell’ in the ‘failed experiment of open borders.’ 

‘Europe is in serious trouble,’ Trump said Tuesday. ‘They’ve been invaded by a force of illegal aliens like nobody’s ever seen before. Illegal aliens are pouring into Europe. Nobody is ever. And nobody’s doing anything to change it, to get them out. It’s not sustainable. And because they choose to be politically correct, they’re doing just absolutely nothing about it.’ 

The Trump administration has taken a tough stance against illegal immigrants to advance Trump’s mass deportation agenda. 

‘The U.N. is supposed to stop invasions, not create them and not finance them,’ Trump said. ‘In the United States, we reject the idea that mass numbers of people from foreign lands can be permitted to travel halfway around the world, trample our borders, violate our sovereignty, cause unmitigated crime, and deplete our social safety net. We have reasserted that America belongs to the American people, and I encourage all countries to take their own stand in defense of their citizens as well.’ 

After his remarks before the General Assembly and after meeting with Ukrainian President Volodymyr Zelenskyy, Trump said that he believes Ukraine, with the backing of the European Union, could secure back all of its territory as the war between Russia and Ukraine persists. 

‘After getting to know and fully understand the Ukraine/Russia Military and Economic situation and, after seeing the Economic trouble it is causing Russia, I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form,’ Trump said in a Tuesday Truth Social post. ‘With time, patience, and the financial support of Europe and, in particular, NATO, the original Borders from where this War started, is very much an option.’ 

‘Why not? Russia has been fighting aimlessly for three and a half years a War that should have taken a Real Military Power less than a week to win,’ Trump said. ‘This is not distinguishing Russia. In fact, it is very much making them look like ‘a paper tiger.’’ 

Meanwhile, Trump headed to Farmingdale, New York, Friday along with his granddaughter Kai for the Ryder Cup golf competition at Bethpage Black Course. 

Trump has appeared at two other sporting events in New York in September: the U.S. Open men’s final and a New York Yankees game Sept. 11. 

Fox News’ Paulina Dedaj and Ryan Morik contributed to this report. 

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Precious metals are wrapping up a record-setting week once again.

Silver was in the spotlight, pushing past US$46 per ounce, a price not seen since 2011. At that level, it’s up about 55 percent year-to-date, a better performance than gold.

Still, gold’s price activity is nothing to sneeze at. The yellow metal had another record-setting week, this time getting close to US$3,800 per ounce. It continues to see support from a variety of underlying factors, but turning heads this week was the news that China is looking to boost its position in the global gold market by becoming a custodian of foreign sovereign gold reserves.

People familiar with the matter said that in recent months the Asian nation has been approaching central banks in ‘friendly’ countries with the aim of encouraging them to buy gold and store it in China. Experts see the move as yet another part of the de-dollarization trend.

If China is successful, foreign gold reserves would be held in custodian warehouses linked to the international board of the Shanghai Gold Exchange. The board was set up by the People’s Bank of China in 2014, and is where foreign entities trade gold with Chinese counterparts.

Also relevant for gold this week were comments from US Federal Reserve Chair Jerome Powell. During a Providence, Rhode Island, speech on Tuesday (September 23), he indicated that the central bank will take a cautious approach to interest rates after last week’s 25 basis point cut.

The Fed has faced ongoing calls from US President Donald Trump to make bigger cuts more quickly, and while Powell continues to resist pressure, CME Group’s (NASDAQ:CME) Fedwatch tool still shows that a reduction is highly likely at the Fed’s October meeting.

With gold trading at or near all-time highs, a key question for investors is whether the price has more room to run. I’ve been speaking with a variety experts about that topic, and I encourage you to go check out the interviews on our YouTube channel to hear their full thoughts.

For now I’ll sum up the view points I’ve been hearing most often.

First and foremost, the message I’ve been getting is that gold’s run is not over — US$4,000, which once sounded like a fairly distant number, is now only US$200 to US$300 away, and many market watchers see it getting there by the end of the year, if not sooner.

Prices beyond US$4,000 are also being talked about as attainable.

There is of course a caveat, and that is that nothing can go straight up, including gold. Especially now after its rapid upward momentum, the broad consensus is that a correction is all but guaranteed, and perhaps soon. Here’s how Steve Barton of In It To Win It explained it:

‘I would be pretty shocked if we got up to US$4,000 and didn’t have some type of corrective move. I suppose anything’s possible — we blew through US$3,750, I didn’t expect that. So maybe it’ll go on up. But we’re getting pretty stretched here.’

Bullet briefing — Freeport drops, Lithium Americas spikes

Copper up on Freeport force majeure

Copper prices were on the rise this week after major miner Freeport-McMoRan (NYSE:FCX) declared force majeure at its Indonesia-based Grasberg copper-gold mine.

Grasberg has been offline since September 8, when around 800,000 metric tons of mud flowed into underground levels at the operation. Seven employees went missing during the incident, with two now confirmed to have died; search efforts continue for the other five.

Freeport has cut its copper and gold sales guidance for the third quarter of the year, and expects to defer ‘significant’ production in Q4 as well as 2026. Preliminary assessments suggest that Grasberg may not return to pre-incident operating rates until 2027.

The company’s share price took a dive on the back of the news.

Putting the impact into context, Bloomberg notes that prior to the disruption, Grasberg accounted for about 3.2 percent of copper mine supply this year, as well as 30 percent of Freeport’s copper output and 70 percent of its gold production.

Lithium Americas shares spike

On the opposite end of the spectrum, Nevada-focused Lithium Americas (TSX:LAC,NYSE:LAC) saw its share price spike over 100 percent this week after Reuters reported that the Trump administration may be gearing up to take a 10 percent equity stake in the company.

Lithium Americas finalized a US$2.26 billion loan from the US Department of Energy last year, but the government has been looking to renegotiate terms due to concerns about low lithium prices.

Lithium Americas reportedly proposed a change in the loan’s amortization schedule, with the request for an equity stake in the company coming during those discussions.

Reuters states that to secure its funding, Lithium Americas offered the government no-cost warrants that would equate to 5 to 10 percent of its common shares.

The loan is tied to the company’s Thacker Pass lithium project, which is set to open in 2028.

‘President Trump supports this project. He wants it to succeed and also be fair to taxpayers. But there’s no such thing as free money,’ an anonymous White House official told the news outlet.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

GRANDE PRAIRIE, ALBERTA (September 26, 2025) TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) The Board of Directors, in recognition of exceptional performance and dedication, announces that they has chosen to   grant a total of 4,775,000 stock options to acquire the same number of common shares of the Company to Directors, Officers and consultants at a price of $0.255 per share, Certain options issued to Consultants are subject to vesting requirements. The options were granted pursuant to the Company’s Stock Option Plan as approved by the Shareholders at the meeting in 2025 and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. 2,600,000 of the options issued to Directors and officers expire 3 years from the date of the grant, with the remaining 2,175,000 options having a term of either 2 or 1 years subject to the optionees continuing to act as consultants of the Company.

Options are issued in accordance with the policies of the Company and are subject to approval of the TSX-V Exchange.

The Company also announces it has contracted King Tide Media LLC  to assist in an awareness campaign.  The agreement is for a one-month period for US $35,000, commencing on September 22, 2025.  King Tide, services includes digital marketing and content creation. The Company and King Tide maintain an arm’s-length relationship, and no securities will be issued as compensation for marketing services.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, is actively exploring Cambodia’s onshore Block VIII of 4200 square kilometers in the southwest quadrant of Cambodia.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.

CONTACT: Delayne Weeks – CEO

Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Copyright (c) 2025 TheNewswire – All rights reserved.

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