Trump pressures US petrol retailers to cut gasoline prices immediately
US President Donald Trump has demanded that petrol retailers in the United States cut prices immediately, warning of "big problems" if they do not comply. In a post on his Truth Social platform on Monday, he said retailers should target around $2.50 a gallon and accused them of illegal gouging. He also singled out California, urging the state to lower its fuel taxes.Trump said gasoline retailers must get prices down "immediately" and told them to "drop your price for our great American people." He wrote that there would be "no gauging," which he described as totally illegal, and said retailers... [Continue Reading]
360LiveNews | 30 Jun 2026 06:03 LONDON
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Alibaba sues US government over Pentagon blacklist as business ban nears
Alibaba has filed a federal lawsuit in California challenging its inclusion on a Pentagon blacklist that the company says has no basis in fact or law. The case was lodged in San Jose and seeks to remove the e-commerce group from a list the US defence department says covers firms linked to the Chinese military. The dispute adds a fresh legal front to an already tense confrontation between Washington and one of China's best-known technology companies.The Pentagon has said Alibaba is a "military-civil fusion contributor to the Chinese defence industrial base" because of its regulatory ties to Beijing. Alibaba rejects... [Continue Reading]
360LiveNews | 24 Jun 2026 00:32 LONDON
