Latest Detroit Economic Club News & Updates

Washington, Jan 14 (IANS) US President Donald Trump said his administration is pursuing new steps to reduce housing, health care and consumer costs, pointing to falling energy prices and proposed changes to mortgages, credit cards and prescription drug pricing.Speaking at the Detroit Economic Club, Trump said lowering the cost of living was a central priority and argued that energy prices were the main driver of broader price declines.“One of our top priorities in this mission is promoting gre…

United Nations, Jan 14 (IANS) Iranian UN ambassador Amir Saeid Iravani asked the UN secretary-general and the Security Council to condemn the United States for inciting violence and threatening to use force against his country.In a letter addressed to UN Secretary-General Antonio Guterres and Somali UN ambassador Abukar Dahir Osman, who serves as the rotating president of the Security Council for January, Iravani accused US President Donald Trump of openly inciting violence in Iran, citing Trump…

Washington, Jan 14 (IANS) US President Donald Trump defended his tariff-driven trade policy and said a 25 per cent tariff on foreign automobiles was aimed at stopping what he described as an unfair surge of auto imports, with China at the center of his criticism.Speaking at the Detroit Economic Club, Trump said tariffs were essential to protecting American manufacturing and workers, particularly in the auto sector.“As I promised you, I’ve imposed a 25 per cent tariff on all foreign automobil…

Washington, Jan 14 (IANS) US President Donald Trump said he had cancelled all meetings with Iranian officials, imposed new tariff penalties linked to Iran, and urged protesters in the country to continue demonstrations against what he called abuses by its leadership.Speaking at the Detroit Economic Club, Trump said the decision to halt diplomatic engagement was tied to violence against protesters in Iran. “I’ve cancelled all meetings with the Iranian officials until the senseless killing of …

Washington, Jan 14 (IANS) President Donald Trump cited Venezuela while outlining his energy, economic, and security agenda, saying recent US actions involving the South American nation were helping lower fuel prices and support growth.Speaking at the Detroit Economic Club, Trump described US involvement with Venezuela as successful and said it was now playing a role in boosting energy supply.“Even Venezuela wasn’t too bad, was it?” Trump said, calling the operation “as flawless an attack…

Washington, Jan 14 (IANS) US President Donald Trump said the American economy has rebounded sharply in less than one year, citing strong growth, falling inflation, rising wages and record investment as evidence of what he called a historic turnaround.Speaking at the Detroit Economic Club, on Tuesday, Trump said the recovery followed what he described as severe economic damage under the previous administration.“Now after less than 12 months in office, I’m back in Michigan to report to you on th…