Jul 16 How Trump could use an expensive Fed building renovation to oust Powell By Christopher Rugaber, Josh Boak, Associated Press President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, who has resisted the Republican president's calls to slash interest rates out of concerns about the administration's tariffs sparking… Continue reading
Jul 15 Watch 6:39 How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision By William Brangham, Jackson Hudgins A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest… Continue watching
Jul 15 Indonesian goods will be taxed at 19%, Trump says By Associated Press The U.S. president said on Truth Social he had reached an agreement after speaking with Indonesian President Prabowo Subianto. Continue reading
Jul 15 U.S. inflation accelerated last month to 2.7%, highest level since February By Christopher Rugaber, Associated Press On a monthly basis, prices climbed 0.3% from May to June, after rising just 0.1% the previous month. Continue reading
Jul 14 EU trade ministers call Trump’s 30% tariff ‘absolutely unacceptable,’ plan countermeasures By Sam McNeil, Associated Press The ministers met Monday in Brussels following Trump's surprise announcement of such hefty tariffs, which could have repercussions for governments, companies and consumers on both sides of the Atlantic. Continue reading
Jul 14 WATCH: Trump says political opponents ‘wanted to take God and religion out of your lives’ By Associated Press The president began his remarks at an event hosted by the White House Faith Office by expressing his support for religion in public life. Continue reading
Jul 12 Watch 2:17 News Wrap: Trump announces 30% tariffs on goods from Mexico and EU By PBS News Weekend In our news wrap Saturday, Trump announced 30% tariffs beginning Aug. 1 on imports from Mexico and the EU, more Palestinians in Gaza were killed while trying to get food aid, Russia pounded Ukraine with drones and missiles, and a… Continue watching
Jul 12 Trump announces 30% tariffs against Mexico and European Union beginning Aug. 1 By Aamer Madhani, Associated Press With Saturday's letters, Trump has now issued tariff conditions on 24 countries and the 27-member European Union. Continue reading
Jul 11 Watch 6:20 How the toy industry is feeling the effects of Trump’s tariffs By William Brangham, Diane Lincoln Estes President Trump is dialing up the pressure on several countries in pursuit of trade deals. Trump dismissed a warning from Hasbro’s CEO that toy prices will rise if the U.S. continues to hike tariffs. William Brangham discussed the tariffs and… Continue watching
Jul 11 U.S. stocks move lower and pull S&P 500 back from its record By Alex Veiga, Associated Press President Donald Trump said in a letter Thursday that he will raise taxes on many imported goods from Canada to 35%, deepening the rift between the longtime North American allies. Continue reading