Donald Trump has thrown his weight behind a “partnership” between US Steel and Nippon Steel, months after insisting he was “totally against” a $14.9bn bid by the Japanese firm for its US rival. While the US president stopped short of […]
Trump warms to Nippon Steel, backing ‘partnership’ with US Steel | Trump administration Read More »
Donald Trump hailed a new chapter in the US’s economic history on 2 April, dubbed “liberation day” by his administration, as he announced plans for an extraordinary barrage of US tariffs on the world. The chapter lasted 40 days. The
Gone in 40 days: how Trump’s ‘liberation day’ tariff assault unraveled | Trump tariffs Read More »
Officials at the US Federal Reserve cut their US economic growth forecasts and raised their projections for price growth as they kept interest rates on hold while Donald Trump bids to overhaul the global economy with sweeping tariffs. Policymakers at
Federal Reserve cuts US economic growth outlook amid Trump tariffs | US economy Read More »
Buying cheap products is “not the essence of the American dream,” Donald Trump’s top economic official has declared, amid warnings that the US president’s trade wars risk increasing prices. The US treasury secretary, Scott Bessent, defended the new administration’s aggressive
Donald Trump has temporarily spared carmakers from sweeping US tariffs on goods from Canada and Mexico, one day after an economic strike on the US’s two biggest trading partners sparked warnings of widespread price increases and disruption. The US president
China and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping tariffs plan at midnight US time, despite warnings it could spark an escalating trade war. US tariffs have come into force of 25% against goods
China and Canada retaliate after Trump trade tariffs come into effect | Trump tariffs Read More »
Donald Trump has pledged to impose tariffs on overseas agricultural goods within weeks, as the White House mulls whether to make good on a threat to hit Canada and Mexico with steep duties from Tuesday. The US president claimed his
Donald Trump stood firm against warnings that his threatened trade war risks derailing the US economy, claiming his administration could hit foreign cars with tariffs of around 25% within weeks. Semiconductor chips and drugs are set to face higher duties,
Trump threatens 25% tariffs on foreign cars and semiconductor chips | Donald Trump Read More »
Certain events happen during every presidential campaign. The parties crown their candidates. The candidates debate on live TV, with millions watching. Tens of millions heads to the polls. And at some point in this process, Jamie Dimon will be tipped
Scrambling to construct an administration in the wake of his shock victory eight years ago, Donald Trump looked far beyond his inner circle, and those who ardently embraced his agenda. Not this time. The president-elect has charged Howard Lutnick, a
