Jun 02 Can Trump fix the national debt? Republican senators, many investors and even Elon Musk are skeptical By Josh Boak, Associated Press The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts. Continue reading
May 30 WATCH: Trump says he's doubling steel import tariffs to 50% at U.S. Steel plant By Michelle L. Price, Marc Levy, Darlene Superville, Associated Press In a post later on his Truth Social platform, President Donald Trump added that aluminum tariffs would also be doubled to 50%. He said both tariff hikes would go into effect Wednesday. Continue reading
May 29 Watch 4:17 What's next for Trump's tariffs amid legal back and forth By Stephanie Sy, Jonah Anderson President Trump's sweeping tariffs remain in place after a day of legal whiplash. Two federal courts, including a special court of international trade, ruled against many of the tariffs, saying that the president did not have the specific authority he… Continue watching
May 29 Watch 6:48 Kevin O'Leary on Trump's trade war and battle with Harvard By Amna Nawaz, Courtney Norris For one view on President Trump’s trade wars and his battle against Harvard, Amna Nawaz spoke with Kevin O’Leary, a businessman, celebrity investor and a regular on the show “Shark Tank” where he is known as Mr. Wonderful. Continue watching
May 29 WATCH: Trump rejects idea he's 'chickening out' on tariffs By Josh Boak, Associated Press President Donald Trump wants the world to know he's no “chicken” just because he's repeatedly backed off high tariff threats. Continue reading
May 29 Appeals court temporarily allows Trump to resume collecting tariffs under an emergency powers law By Paul Wiseman, Associated Press The appeals court temporarily halted the order from a federal trade court issued a day before. Continue reading
May 29 Court blocks Trump from imposing tariffs under emergency powers law By Lindsay Whitehurst, Josh Boak, Associated Press A federal court is blocking President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. Continue reading
May 29 More Americans file for unemployment help but layoffs remain low despite uncertainty over tariffs By Matt Ott, Associated Press Jobless benefits applications rose by 14,000 to 240,000 for the week ending May 24, the Labor Department said Thursday. Continue reading
May 27 S&P 500 rallies 2% as Wall Street responds to Trump delay of 50% EU tariffs By Stan Choe, Associated Press They more than recovered their losses from Friday, when Wall Street's roller coaster dropped after Trump announced the tariffs on the European Union. Continue reading
May 27 U.S. consumer confidence bounces back after five straight months of declines amid tariff anxiety By Matt Ott, Associated Press Consumer confidence jumped 17.4 points to 72.8, but remained below 80, which can signal a recession ahead. Continue reading