It Is Happening Every Day, Every Where
The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.
The British government is hoping to reach an agreement with the United States to soften the economic blow British businesses are facing from higher tariffs.
The British entrepreneur said the U.S. government’s unpredictable tariffs had “financially done a lot of harm” and driven the world to “the verge of a complete meltdown two weeks ago.”
The president at turns praises and criticizes Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs.
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
Companies that make cars in Canada will be exempted provided they keep up production.
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
The vice president did not offer details, but his comments may offer British leaders some comfort after the Trump administration imposed tariffs.
President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.
The Georgia congresswoman purchased at least tens of thousands of dollars in stock the day before and the day of President Trump’s pause of a sweeping set of tariffs that sent the market soaring.