All posts tagged: escalates

Mexico’s Sheinbaum Escalates Rhetoric Against U.S., Blames Far-Right ‘Offensive’

Mexico’s Sheinbaum Escalates Rhetoric Against U.S., Blames Far-Right ‘Offensive’

MEXICO CITY, June 1 (Reuters) – Mexican ⁠President ⁠Claudia Sheinbaum said on ⁠Monday that far-right sectors in the United States are ​coordinating with domestic groups to attack her government, escalating her rhetoric against Mexico’s ‌largest trading partner. The remarks follow ‌a weekend rally where Sheinbaum denounced alleged interference by U.S. government ⁠agencies and ⁠business interests. “I believe it is sectors of the far right ​in the United States who want a bad relationship with Mexico” because of “ideological” differences, Sheinbaum told a press conference. The leftist president said she does not believe ​the attacks are being orchestrated by her U.S. counterpart, Donald Trump. Relations between ⁠the ⁠two nations have been ⁠strained since ​Trump began his second term in January, fueled by disputes over tariffs ​and immigration policies. Tensions escalated ⁠in April after the U.S. Department of Justice indicted 10 Mexican officials, including Sinaloa Governor Ruben Rocha of the ruling Morena party, for alleged ties to drug trafficking. Following the U.S. indictments of Morena politicians, Sheinbaum has ⁠intensified her calls to protect national sovereignty. “Who decides …

Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates

Solar Stocks Flash Major Technical Breakout As Tariff Talk Escalates

Solar stocks are showing a clear technical shift, breaking above a well-defined downtrend after more than five years of sustained pressure. UBS analyst Catherine Gordon is attributing the surge in solar stocks to falling yields and renewed policy momentum. A potential Section 232 tariff announcement in mid-to-late June is adding fuel to the rally, with First Solar leading the charge. The UBS Solar basket (UBXXSOL) is now up 40% year-to-date. Gordon provided more context on what’s powering UBXXSOL higher: Clean tech names are outperforming again on Tuesday, with solar leading higher alongside more speculative growth baskets as yields move lower. The backdrop has been broadly supportive, with the UBS Solar basket (UBXXSOL) now up 33% MTD. First Solar is the standout mover, with the stock trading around $268 and continuing to rally in anticipation of a potential Section 232 tariff announcement in the near term. Earlier today, Windham hosted Toyo Solar on a call, where the company indicated that mid‑ to late‑June could be the timing for Section 232, with measures potentially including a minimum …

Oil prices on the rise again as US-Iran fighting escalates – Business

Oil prices on the rise again as US-Iran fighting escalates – Business

To display this content from YouTube, you must enable advertisement tracking and audience measurement. Accept Manage my choices One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site. Try again BUSINESS © FRANCE 24 Issued on: 28/05/2026 – 11:31Modified: 28/05/2026 – 11:34 06:00 min From the show Reading time 1 min Benchmark prices for crude oil rose on Thursday as Iran said it targeted a US airbase in response to American air strikes. Commercial traffic through the Strait of Hormuz, which had slightly ticked up in previous days, dwindled down to almost nothing again. Also in this edition: Australia takes legal action against US consumer goods giant 3M over “forever chemicals” in firefighting foam. Plus Brazilian leader Lula endorses more oil and gas exploration in the Amazon. By: Source link

Trump’s DOJ escalates its gender affirming care attack on minors

Trump’s DOJ escalates its gender affirming care attack on minors

As of last week, President Donald Trump’s Department of Justice has begun issuing criminal subpoenas seeking information on gender-affirming care administered to minors. This escalation, critics argue, is the latest step in a larger effort to push transgender Americans further out of public life. “They are asking for identifiable patient records, which should scare every American, whether they’re trans or not,” Tyler Hack, the founder and executive director of Christopher Street Project, a PAC boosting candidates committed to protecting trans rights, told Salon. “Everyone relies on patient privacy in the relationship between them and their provider, and that’s something the Trump administration wants to throw out the window because they want to look through our medical records and decide what they like and don’t like.” Last week, NYU Langone Health informed its patients that the U.S. Attorney’s Office in the Northern District of Texas had issued criminal subpoenas to multiple medical institutions seeking information on providers and every minor to whom it had administered gender-affirming care in recent years. So far NYU Langone Health is …

Iran ceasefire under threat as Trump’s ‘Project Freedom’ escalates Strait of Hormuz tensions 

Iran ceasefire under threat as Trump’s ‘Project Freedom’ escalates Strait of Hormuz tensions 

The fragile ceasefire between the U.S. and Iran is under threat of falling apart after President Trump declared that the U.S. would “guide” vessels through the Strait of Hormuz in an effort he called “Project Freedom,” to begin Monday. In response, Iran’s armed forces said they would not allow passage to American combat forces or… Source link

Trump Escalates Tariffs On EU Vehicles To 25%, Accusing Bloc Of Trade Deal Violations

Trump Escalates Tariffs On EU Vehicles To 25%, Accusing Bloc Of Trade Deal Violations

President Donald Trump announced Friday that the United States will raise tariffs on cars and trucks imported from the European Union to 25% starting next week, citing the EU’s failure to comply with a 2025 bilateral trade framework. “I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States. The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF.” Trump highlighted over $100 billion in ongoing U.S. auto manufacturing investments – a record, he said – and praised American workers staffing new plants set to open soon. This sent Emini S&P futures cascading lower: The move reverses a temporary reduction under the July 2025 U.S.-EU Framework Agreement on Reciprocal, Fair, and Balanced Trade. That deal, reached after Trump initially imposed broad 25% Section 232 …

US aircraft carrier hit by mysterious fire as Iran chaos escalates | US | News

US aircraft carrier hit by mysterious fire as Iran chaos escalates | US | News

Three sailors sustained injuries following a fire aboard the aircraft carrier USS Dwight D. Eisenhower (CVN-69) while it was undergoing a maintenance period at Norfolk Naval Shipyard in Portsmouth. A Navy spokesperson confirmed to USNI News that a small fire had broken out on board the carrier. The spokesperson told the outlet that the sailors were treated by the ship’s medical team and have since returned to full duty. “On April 14, USS Dwight D. Eisenhower experienced a small fire that was immediately contained and extinguished by ship’s force and Norfolk Navy Shipyard personnel, who responded swiftly as trained. “Three Sailors were treated by ship’s medical and returned to full duty,” the Navy spokesperson told USNI News. The aircraft carrier has been docked at the Navy’s publicly operated Virginia-based shipyard for 16 months. This comes after two sailors were injured when a fire broke out aboard the USS Gerald Ford, an aircraft carrier deployed to the Iran war. The U.S. military confirmed that the carrier suffered a non-combat-related fire in the ship’s main laundry area. …

Trump warns US could ‘take the oil in Iran’ as Mideast war escalates

Trump warns US could ‘take the oil in Iran’ as Mideast war escalates

Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf’s petroleum facilities hours after the US struck Iran’s Kharg Island. – | Afp | Getty Images U.S. President Donald Trump said he could “take the oil in Iran” and seize Iran’s export hub of Kharg Island, as hostilities in the Middle East continued into its fifth week. Trump told the Financial Times on Sunday that his “preference would be to take the oil,” comparing it to the U.S. military operation in Venezuela earlier this year where the U.S. effectively gained control of the Latin American country’s oil industry, following the capture of its leader Nicolas Maduro. The Trump administration has weighed sending ground forces to the Kharg Island, according to Reuters, with one of its sources warning or such an operation being “very risky.” Tehran has the ability …