Apr 29 Trump to relax some of his 25 percent tariffs on cars and parts, after worries they could hurt U.S. factories By Josh Boak, Associated Press Treasury Secretary Scott Bessent, who joined Leavitt at the briefing, says the goal is to enable automakers to create more domestic manufacturing jobs. Continue reading
Apr 29 Trump gets an ‘F’ on his first 100 days from plurality of Americans, poll finds By Joshua Barajas As President Donald Trump celebrates his first 100 days in office, a new PBS News/NPR/Marist poll finds that a plurality of Americans give him a failing grade. Continue reading
Apr 28 WATCH: White House holds news briefing with Bessent, announcing Trump will relax some auto tariffs By Associated Press “President Trump has had meetings with both domestic and foreign auto producers, and he’s committed to bringing back auto production to the U.S.,” Treasury Secretary Scott Bessent said. “So we want to give the automakers a path to do that,… Continue reading
Apr 25 Trump’s bluster and border arrests cool Canadians’ appetite for U.S. tourism By Rob Gillies, Jim Morris, Associated Press Canadians are canceling trips to the U.S. in big numbers. Continue reading
Apr 23 How Tesla and other companies are dealing with tariff turmoil By Damian J. Troise, Associated Press Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. Continue reading
Apr 23 Trump is ending this tariff loophole for low-cost packages. Here’s what that could mean for consumers By Tim McPhillips If you’ve purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis exemption. Continue reading
Apr 22 Musk says he’ll step back from DOGE to focus on Tesla as company sees 71 percent drop in Q1 profits By Bernard Condon, Associated Press The company has faced angry protests over Musk's leadership of a federal government jobs-cutting group, a role some investors claimed distracted the CEO from leading Tesla. Continue reading
Apr 22 Watch 7:51 Economic forecasts show Trump’s tariffs having major global impact By Geoff Bennett, Azhar Merchant President Trump’s trade wars are likely to slow down economic growth across the globe significantly this year, according to projections from the International Monetary Fund. And Treasury Secretary Bessent reportedly told investors that he believes the trade war with China… Continue watching
Apr 22 Stocks rally, recover all of Monday’s slide as the dollar and U.S. bond market steady By Stan Choe, Associated Press The value of the U.S. dollar also stabilized after sliding against the euro and other competitors, while Treasury yields held steadier in the bond market. Continue reading
Apr 22 IMF drops global economic growth forecast amid uncertainty around Trump’s tariffs By Christopher Rugaber, Associated Press The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely. Continue reading