Donald J. Trump
‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump
Canada’s new Prime Minister Mark Carney, with members of his government standing behind him, speaks during a press conference following a swearing-in ceremony of the new Canada’s government in Ottawa, Ontario, Canada, March 14, 2025. Blair Gable | Reuters Canada’s new prime minister quickly rebuked President Donald Trump on Friday of the idea that his […]
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Trump CMS nominee Dr. Oz won’t commit to opposing Medicaid cuts
Dr. Mehmet Oz, President Donald Trump’s pick to lead the agency in charge of massive government-run health insurance programs, on Friday declined to commit to opposing future cuts to Medicaid when directly asked if he would do so. Instead, the nominee for administrator of the Centers for Medicare & Medicaid Services said that the way […]
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The U.S.-Canada trade war could signal a shift in economic ties, experts say
President Donald Trump signed several executive orders at the start of his second term that lay out a blanket 25% tariff on Canadian goods imported into the United States, with some exceptions such as energy. Canadian energy will carry a lower tariff of 10%. The bulk of these tariffs went into effect at midnight on […]
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Tesla warns it could face retaliatory tariffs
U.S. automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump’s aggressive use of tariffs. The Tesla comments reflect those of many U.S. businesses concerned by Trump’s tariffs, but is notable because it is from Tesla. Tesla CEO Elon […]
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U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | Reuters It’s not just Walmart. The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand, a shift after resilient consumers propped up the U.S. economy […]
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Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry’s top leaders flocked to Washington, D.C., for the presidential inauguration, part of an effort to strike a friendly tone with President Donald Trump after a contentious first go-round in the White House. Thus far, they’ve avoided any nasty social media posts from the president. But their treatment […]
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Trump threatens to put 200% tariff on French Champagne and other EU spirits
Moet champagne bottles are seen at Berlin Brandenburg airport in Schonefeld, Germany on February 24, 2025. Jakub Porzycki | Nurphoto | Getty Images President Donald Trump said Thursday he plans to put a 200% tariff on alcohol from France and other European nations in the latest escalation of global trade tensions. The U.S. tariff comes […]
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Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
A screen displays the company logo for Toast Inc. during the company’s initial public offering at the New York Stock Exchange in New York City on Sept. 22, 2021. Brendan Mcdermid | Reuters Economic concerns are hitting the stock market broadly, but they’re having an outsized impact on fintech companies that are tied closely to […]
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Greenland PM blasts Trump talk of U.S. annexation: ‘Enough is enough’
Lars Joergen Kleist, wearing a Make America Great Again hat, queues to vote at the polling station in Nuuk on March 11, 2025, as Greenland, the autonomous Danish territory, holds legislative elections. Odd Andersen | Afp | Getty Images The outgoing prime minister of Greenland blasted talk Thursday by President Donald Trump that the potential […]
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Trump’s Treasury chief on 200% EU tariff threat: ‘Not sure why that’s a big deal’ for markets
U.S. Treasury Secretary Scott Bessent on Thursday said Wall Street should shrug off President Donald Trump’s latest threat to impose steep tariffs on foreign trading partners. Asked on CNBC’s “Squawk on the Street” about Trump’s threat to ratchet up tariffs on European alcohol, Bessent suggested the move should have little impact on stocks. “One or […]
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