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Biden increases refugee cap in a blow to Trump’s legacy

Published

4 years ago

on

US President Joe Biden has announced his administration will officially lift the cap on refugees after weeks of bipartisan backlash.

The cap will be raised to 62,500 after previously being lowered by Donald Trump to 15,000.

Last month, Biden revised the eligibility criteria for resettlement, which was an important step towards reversing Trump’s restrictions.

Biden says the new limit “erases the historically low number set by the previous administration.”

The White House believes Trump’s cap “does not reflect America’s values as a nation that welcomes and supports refugees.”

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

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2 days ago

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April 17, 2025

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China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

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Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

Published

2 days ago

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April 17, 2025

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“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

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Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

Published

2 days ago

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April 17, 2025

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Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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