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Aug 06

Trump says he plans to put 100% tariff on computer chips, likely increasing electronics costs

By Josh Boak, Associated Press

President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.

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Aug 06

WATCH: Trump announces Apple investment of additional $100B in U.S. manufacturing

By Josh Boak, Associated Press

Apple had previously said it intended to invest $500 billion domestically, a figure it will now increase to $600 billion. Trump in recent months has criticized the tech company for efforts to shift iPhone production to India to avoid the tariffs his Republican administration…

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Aug 06

Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%

By Josh Boak, Rajesh Roy, Fatima Hussein, Associated Press

The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.

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Aug 05

Watch 6:25
Can Trump deliver on his energy export promises? Expert weighs in

By Stephanie Sy, Azhar Merchant

With new tariffs set to take effect on Friday, President Trump continued to battle and negotiate with several countries. He has said the new purchase of U.S. energy is a key to some of the biggest deals struck so far.

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Aug 05

Swiss president rushes to Washington to seek deal averting tariffs

By Jamey Keaten, Associated Press

Switzerland’s president and other top officials are traveling to Washington in a hastily arranged trip aimed at striking a deal with the Trump administration over steep tariffs.

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Aug 05

Brazil’s Supreme Court orders house arrest for former President Bolsonaro, a Trump ally

By Maurico Savarese, Associated Press

Prosecutors accuse Bolsonaro of heading a criminal organization that plotted to overturn the election, including plans to kill President Lula and a Supreme Court justice.

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Aug 04

U.S. tariffs put 30,000 South African jobs at risk, officials say

By Michelle Gumede, Associated Press

South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk. The U.S. plans to impose a 30% tariff on South African goods, creating uncertainty for export industries.

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Aug 04

Vast majority of U.S. adults are stressed about grocery costs, AP-NORC poll finds

By Cora Lewis, Linley Sanders, Associated Press

Only 14% say it's not a source of stress, underscoring the pervasive anxiety most Americans continue to feel about the cost of everyday essentials.

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Aug 02

Analysis: The trade-offs in Trump’s trade policy

By Michael Froman, Council on Foreign Relations

President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, reindustrializing the United States, and reducing trade deficits.

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Aug 02

Watch 5:26
Economist analyzes fallout of Trump’s sweeping new tariffs and firing of BLS commissioner

By Ali Rogin, Zoie Lambert

The White House’s announcement Friday that it will impose hefty tariffs on imports from nearly 70 countries next week triggered the worst day on Wall Street in more than a month. Those economic jitters were compounded by a weaker than…

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