Bessent to American businesses: ‘Not the end of the world’ if April 2 tariffs kick in

Bessent to American businesses: ‘Not the end of the world’ if April 2 tariffs kick in



Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade negotiations are unresolved.



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Chinese national living in U.S. gets 8 years in prison for smuggling weapons, tech to North Korea
Politics

Chinese national living in U.S. gets 8 years in prison for smuggling weapons, tech to North Korea

Photos of a gun and parts of military electronics that were found on Shenghua Wen’s phone, according to the U.S. Department of Justice. Courtesy: U.S. Department of Justice A Chinese national living in the U.S. was sentenced to eight years in prison for conspiring to illegally smuggle guns, ammunition and sensitive U.S. technology to North […]

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Trump expands 50% steel and aluminum tariffs to include 407 additional product types
Politics

Trump expands 50% steel and aluminum tariffs to include 407 additional product types

U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah […]

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S&P expects ‘meaningful tariff revenue’ to offset Trump tax bill impact, maintains U.S. credit rating
Politics

S&P expects ‘meaningful tariff revenue’ to offset Trump tax bill impact, maintains U.S. credit rating

U.S. President Donald Trump presents a sweeping spending and tax legislation, known as the “One Big Beautiful Bill Act,” after he signed it, at the White House in Washington, D.C., U.S., July 4, 2025. Leah Millis | Reuters S&P Global said it expects “meaningful” federal government revenue from President Donald Trump’s broad tariff policies to […]

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