2025-04-09
Bessent claims the tariff reversal was Trump's 'strategy all along'
U.S. Secretary of the Treasury Scott Bessent said that President Donald Trump’s unexpected 90-day pause on tariffs Wednesday afternoon was the “strategy all along.”
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2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-05-23
Trump threatens a 25 percent tariff on all smartphones not made in the US
After threatening Apple with a 25 percent tariff unless the company found a way to move iPhone production to the US, Bloomberg reports that President Donald Trump wants the tariff applied to other pho [...]
2025-03-07
Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
2025-04-09
Trump announces 90-day pause on tariffs, excluding China
President Donald Trump has announced a 90-day pause on the sweeping tariff plan that went into effect on Wednesday, April 9, and an increase to 125 percent on the tariff on imports from China. Even wi [...]
2025-04-23
Treasury Secretary Bessent says U.S. wants to help China change its economy
Treasury Secretary Scott Bessent said on Wednesday that China’s current economic model — built on “exporting its way out of economic troubles” — is unsustainable, and the U.S. wants to help [...]
2025-04-28
Trump official says China needs to de-escalate trade tensions that Trump escalated
Treasury Secretary Scott Bessent said Monday that China needs to de-escalate the U.S.-China trade war — of which President Donald Trump has largely stoked the flames.Read more... [...]
2025-05-23
Trump threatens 25 percent tariff on iPhones manufactured overseas
President Donald Trump has escalated pressure on Apple to manufacture iPhones for the American market domestically. In a post on Truth Social Friday morning, the president explicitly warned that he wo [...]
2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]