Politics Aug 06 WATCH: Trump announces Apple investment of additional $100B in U.S. manufacturing Apple had previously said it intended to invest $500 billion domestically, a figure it will now increase to $600 billion. Trump in recent months has criticized the tech company for efforts to shift iPhone production to India to avoid the tariffs his Republican administration…
Politics Aug 06 Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.
Politics Aug 01 Trump demands that Federal Reserve board wrest full control of central bank from Fed Chair Powell Federal Reserve Chair Jerome Powell has held the Fed's benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Donald Trump's massive tariffs had on inflation.
Politics Jul 31 Trump signs order imposing new tariffs on many trading partners that go into effect in 7 days President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the…
Politics Jul 31 Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place Trump posted online Thursday his phone conversation with Claudia Sheinbaum was "very successful in that, more and more," they are "getting to know and understand each other."…
Politics Jul 31 WATCH: White House holds news briefing ahead of Trump’s deadline for imposing new tariffs White House press secretary Karoline Leavitt said at Thursday's news briefing that Trump “at some point this afternoon or later this evening” would sign an order to impose new rates starting at 12:01 a.m. EDT Friday.
World Jul 30 Trump announces 25% tariff on ‘our friend’ India for buying Russian oil, warns of other penalties Trump said on Truth Social on Wednesday that India "is our friend" but its "Tariffs are far too high" on U.S. goods. The Republican president added India buys military equipment and oil from Russia, which Trump says has enabled Moscow's…
Economy Jul 29 Trump’s tariffs could squeeze U.S. factories and raise costs by up to 4.5%, a new analysis finds The analysis by the Washington Center for Equitable Growth warns of economic and political costs, especially in swing states with significant manufacturing sectors, like Michigan and Wisconsin.
Economy Jul 28 Trump is getting the world economy he wants — but the risk to growth could spoil his victory lap Trading partners from the European Union to Japan to Vietnam appear to be acceding to the president’s demands to accept higher costs — in the form of high tariffs — for the privilege of selling their wares to the United…
Politics Jul 26 Trump says Japan is investing $550B in the U.S. at his direction. It may not be a sure thing President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. It's an astonishing figure, but still subject to negotiation and perhaps not the sure thing he's portraying.