Economy May 09 Trump signals he may lower tariffs on China President Donald Trump has floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world's two largest economies.
World May 08 WATCH: Trump announces trade deal with UK, cutting tariffs on autos, steel and aluminum The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree of validation for President Donald Trump's claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred…
World May 06 WATCH: Trump welcomes Canada’s new prime minister to Oval Office amid tensions The two kept it civil, but as for Trump’s calls to make Canada the 51st state, Carney insisted his nation was “not for sale” and Trump shot back, “time will tell.”…
Nation Apr 29 Amazon says it’s not planning to show tariff costs next to product listings Amazon is not planning to list added tariff costs next to product prices on its site — despite speculation spanning from a report that claimed the e-commerce giant would soon show new import charges.
Economy Apr 29 Trump to relax some of his 25 percent tariffs on cars and parts, after worries they could hurt U.S. factories Treasury Secretary Scott Bessent, who joined Leavitt at the briefing, says the goal is to enable automakers to create more domestic manufacturing jobs.
Politics Apr 24 Americans expect higher prices from Trump’s tariffs, new poll shows An Associated Press-NORC poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering.
Politics Apr 22 Trade war with China is not ‘sustainable,’ Treasury Secretary Bessent says In a private speech in Washington for JPMorgan Chase, Bessent cautioned that talks between the United States and China had yet to formally start.
Politics Apr 17 WATCH: Trump meets Italy’s Meloni at White House as Europe seeks bridge to U.S. Trump said Thursday he is in “no rush” to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find…
Politics Apr 17 WATCH: Trump criticizes Powell over interest rates, suggests he can remove Fed chair “If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office while taking questions from reporters during a visit with Italian Prime Minister Giorgia Meloni. “I'm not happy with him.”…
Economy Apr 14 Trump considers pausing his auto tariffs to give carmakers more time When Trump announced the 25 percent auto tariffs on March 27, he described them as “permanent.” His hard lines on trade have become increasingly blurred as he has sought to limit the possible economic and political blowback from his policies.