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President Donald Trump openly challenged U.S. allies on Wednesday by increasing tariffs on all steel and aluminum imports to 25% as he vowed to take back wealth “stolen” by other countries, drawing quick retaliation from Europe and Canada.
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Wall Street inched higher Tuesday following after a big selloff to start the week that was spurred by the potential economic damage from President Donald Trump’s tariffs.
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President Donald Trump vowed Tuesday to keep up his campaign of “swift and unrelenting action” in reorienting the nation’s economy, immigration and foreign policy in an unyielding address before Congress that left Democratic legislators to register their dissent with stone faces, placards calling out “lies,” and one legislator’s ejection.
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President Donald Trump on Saturday ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all Canadian and Mexican goods set to take effect next week.
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The Trump administration said it is eliminating more than 90% of the U.S. Agency for International Development’s foreign aid contracts and $60 billion in overall U.S. assistance around the world, putting numbers on its plans to eliminate the majority of U.S. development and humanitarian help abroad.
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The Trump administration has proposed punitive new fees on international shipping that would target vessels owned by Chinese companies or manufactured in Chinese shipyards, promising to dramatically alter the economics of global trade.
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U.S. President Donald Trump said on Wednesday he expected Chinese President Xi Jinping to visit the United States, without giving a timeline for his trip.
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Fifty-eight cases of the highly contagious disease were reported Tuesday by health officials in rural West Texas, while eight cases were confirmed in neighboring eastern New Mexico.
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Top U.S. and Russian diplomats met for several hours Tuesday in Saudi Arabia about relations between their countries and a potential end to Russia’s war in Ukraine.
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U.S. Vice President JD Vance met the leader of a German far-right party during a visit to Munich on Friday, nine days before a German election and after lecturing European leaders about the state of democracy.
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