A group of White House officials are set to visit the Federal Reserve on Thursday amid escalating criticism of chairman Jerome Powell over renovations to the central bank’s headquarters. James Blair, a deputy chief of staff to President Trump, posted on the social media platform X that Trump
President Donald Trump is threatening to impose a 200% tariff on European wines, champagnes and other alcoholic products in response to the European Union‘s planned 50% levy on American whiskey. This escalation follows the EU’s retaliatory measures against the U.S.’ recent 25% tariffs on steel and aluminum
On Tuesday, the Ontario government walked back its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the two leaders said they had a
In a dramatic escalation of trade tensions, President Donald Trump announced that the United States will double tariffs on Canadian steel and aluminum imports to 50%, effective Wednesday. This decision comes in direct response to Ontario Premier Doug Ford‘s recent imposition of a 25% surcharge on electricity exports to three U.S. states:
President Donald Trump declined to explicitly rule out a full-blown recession for the U.S. economy this year. Trump told Maria Bartiromo in a recent “Sunday Morning Futures” exclusive that the country will see a “period of transition” as his policies take effect. “I
On Thursday, Trump announced he would exempt most goods from Canada and Mexico covered under the U.S.-Mexico-Canada Agreement (USMCA) from his 25% tariffs for the next month. In an effort to provide clarity over his latest tariff negotiations, President Donald Trump explained why he
Canadian Prime Minister Justin Trudeau attacked the Trump administration’s new 25% tariffs Tuesday, calling the measures “very dumb” and vowing that his country “will not back down from a fight.” Trudeau previously announced 25% retaliatory tariffs on American goods in response to
On Monday, the tech company Apple announced it will spend more than $500 billion in the U.S. over the next four years. CEO Tim Cook said the investment will include an advanced manufacturing facility in Houston and an academy in Michigan to
America’s neighbor to the North issued another threat to retaliate against impending tariffs imposed by the Trump Administration. Former Canadian Minister of Finance and Deputy Prime Minister Chrystia Freeland, who aims to replace Prime Minister Justin Trudeau as head of the Liberal
On Thursday, Presidnt Donald Trump gave the first international address of his second term to World Economic Forum (WEF) leaders currently gathered in Davos, Switzerland. The speech began at 11 a.m. Eastern and was delivered virtually from Washington, D.C. While President Trump
President-elect Donald Trump blindsided former House Speaker Kevin McCarthy (R-Calif.) on Sunday calling the debt ceiling suspension approved in 2023 as “one of the dumbest political decisions made in years.” However, while targeting the former top House GOP lawmaker, Trump leveled the criticism
