Nov 19 U.S. trade deficit dropped nearly 24% in August as Trump’s tariffs reduce imports By Paul Wiseman, Associated Press In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States buys from other countries and what it sells them fell to $59.6 billion in… Continue reading
Nov 16 Samsung pledges to make more investments in South Korea after U.S. tariff deal By Kim Tong-Hyung, Associated Press Samsung Electronics and other major South Korean companies on Sunday announced fresh domestic investment plans at a meeting with President Lee Jae Myung, who hopes the moves will counter concerns that the firms would prioritize U.S. investments under a trade deal. Continue reading
Nov 14 Trump drops tariffs on beef, coffee, tropical fruit as pressure rises over consumer prices By Associated Press President Donald Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It's part of a response to pressure from consumers who complain prices are too high. Continue reading
Nov 12 50-year mortgages? $2,000 tariff checks? What experts think of some of Trump’s unique policy ideas By Louis Jacobson, PolitiFact Each idea is, for now, little more than a presidential musing on social media. Continue reading
Nov 11 Watch 7:10 Trump floats tariff ‘dividends’ for Americans, but experts question the math By Amna Nawaz, Jackson Hudgins President Trump doubled down on an idea to send $2,000 checks to millions of Americans. He has offered no specifics, but Trump suggested the government could send that money to low and middle-income Americans and still have enough tariff revenue… Continue watching
Nov 11 Fact-checking Trump’s promise to give Americans $2,000 payments from tariff dividends By Louis Jacobson, PolitiFact Over the weekend, President Donald Trump promised Americans $2,000 each from the "trillions of dollars" in tariff revenue he said his administration has collected. Continue reading
Nov 05 Watch 5:54 Supreme Court justices question Trump’s authority to impose sweeping tariffs By Amna Nawaz, Ali Schmitz President Trump's sweeping tariff plan may be on shaky ground after a Supreme Court hearing focused on his authority to impose the measures. Several justices on the court questioned the legality of the tariffs and how much power the president… Continue watching
Nov 05 What to know about the Supreme Court arguments over Trump’s tariffs By Mark Sherman, Associated Press In roughly two dozen emergency appeals, the justices have largely gone along with Trump in temporarily allowing parts of his aggressive second-term agenda to take effect while lawsuits play out. But the case being argued Wednesday is the first in… Continue reading
Nov 04 Watch 6:53 Trump’s tariffs face Supreme Court test as businesses challenge his power to impose them By Paul Solman, Diane Lincoln Estes This week, the Supreme Court will hear oral arguments in the case challenging President Trump's authority to impose sweeping tariffs. Economics correspondent Paul Solman reports. Continue watching
Nov 03 LISTEN: Supreme Court hears Trump tariffs case in key test of presidential power By Lindsay Whitehurst, Associated Press Arguments at the Supreme Court have concluded for the day as the justices consider President Donald Trump's sweeping unilateral tariffs in a trillion-dollar test of executive power. Continue reading