Apr 09 China raises tariff on U.S. goods to 84% and vows to 'fight to the end' By Huizhong Wu, Associated Press President Donald Trump has raised tariffs on China to 125%, hours after China boosted tariffs on American goods to 84% and vowed to “fight to the end.”… Continue reading
Apr 09 Trump backs down on most tariffs for 90 days but raises rate on Chinese imports to 125% By Josh Boak, Associated Press Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports. Continue reading
Apr 09 Justice Department will disband its team focused on cryptocurrency crimes By Alan Suderman, Alanna Durkin Richer, Associated Press It’s the latest move by the Trump administration to try to boost the cryptocurrency industry while undoing the Biden administration’s efforts to crack down on wrongdoers in the industry. Continue reading
Apr 09 Trump administration can bypass environmental rules to build more border walls under this waiver By Associated Press Environmentalists decried the move that will forego dozens of laws, including the National Environmental Policy Act, which requires federal agencies to evaluate the effects of their actions on the environment. Continue reading
Apr 09 Trump administration halts more than $1 billion in funding for Cornell, $790 million for Northwestern By Will Weissert, Cheyanne Mumphrey, Susan Haigh, Associated Press The White House said late Tuesday the government is investigating alleged civil rights violations at the universities. Continue reading
Apr 09 Iran's president insists Tehran does not seek a nuclear bomb ahead of talks with U.S. By Nasser Karimi, Jon Gambrell, Associated Press He even dangled the prospect of direct American investment in the Islamic Republic if the countries can reach a deal. Continue reading
Apr 09 U.S stocks jump as Trump announces pause on some tariffs By Stan Choe, Associated Press The S&P 500 rose 0.3% Wednesday after swinging between a loss of 0.5% and a gain of 1.4%. Continue reading
Apr 09 AP wins access to White House events after judge rules government can't bar its journalists By David Bauder, Associated Press U.S.. District Judge Trevor N. McFadden, an appointee of Donald Trump, ruled that the government can't retaliate against the AP's decision not to follow the president's executive order to rename the Gulf of Mexico. Continue reading
Apr 08 Watch 4:17 Global economies hang in the balance with Trump's tariffs set to officially go into effect By Stephanie Sy, Eliot Barnhart Just hours before major new tariffs are set to kick in, President Trump and his team said he remains open to deals but generally would not back down from levies on goods from more than 80 countries. That includes a… Continue watching
Apr 08 Watch 6:28 Analyst breaks down China's response to Trump's trade war By Amna Nawaz, Dan Sagalyn For perspective on the growing trade war between the United States and China and the ripple effects it’s having, Amna Nawaz spoke with Elizabeth Economy. She served as the senior advisor for China in the Commerce Department during the Biden… Continue watching