Donald J. Trump
Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s so-called “reciprocal” tariffs took effect on Thursday, imposing higher duties on many of the country’s trading partners’ exports to […]
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Toyota Motor cuts annual operating profit forecast after earnings beat as U.S. tariffs bite
A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Thursday cut its annual operating profit forecast as the world’s largest auto company by sales volumes grapples with U.S. auto tariffs. Here are Toyota’s results compared with the mean estimates from […]
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Trump’s ‘100% chip tariffs’ hit Japan’s giants, but Samsung and TSMC rise on U.S. bets
Asia semiconductor-related stocks traded mixed Thursday after U.S. President Donald Trump announced he would impose a 100% tariff on chip imports, with an exemption for companies that are “building in the United States.” Details on how much domestic manufacturing is required to qualify for the exemption remain unclear. Japanese semiconductor manufacturer Tokyo Electron fell over […]
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Airbnb beats on top and bottom lines for second quarter
Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of […]
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Trump vows 100% tariff on chips, unless companies are building in the U.S.
U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that […]
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Apple and Trump detail $100 billion U.S. spending expansion, including $2.5 billion for an iPhone glass factory
Apple CEO Tim Cook, left center, escorts President Donald Trump as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, Nov. 20, 2019. Tom Brenner | Reuters Apple CEO Tim Cook and President Donald Trump announced on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next […]
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Trump contorts timeline of jobs report revisions in effort to justify firing BLS chief
President Donald Trump has tried to justify firing former Bureau of Labor Statistics Commissioner Erika McEntarfer by claiming that her agency’s gold standard employment reports were “rigged” in order to harm him politically. Trump has provided no evidence to support his allegation. Nonetheless, he has repeatedly claimed that the BLS issued “phony” strong-looking jobs numbers […]
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Trump faces a variety of choices as he seeks to fill Fed vacancies
Key Points With the open seat on the influential Federal Reserve Board of Governors, President Donald Trump now has a number of strategic options at the central bank. Will Trump use the position to nominate a gadfly to torment Chair Jerome Powell or pursue a different strategy focused more on the long-term direction of the […]
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Apple shares pop 5% ahead of Trump-Cook investment announcement at White House
Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company’s stated plans to spend and invest in the U.S. CEO […]
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5 soldiers shot at Fort Stewart military base in Georgia, Army says
This image from video provided by the U.S. Army via DVIDS shows the entrance to Fort Stewart in Georgia on Nov. 18, 2021. Staff Sgt. Daniel Guerrero/U.S. Army via AP Five soldiers were shot Wednesday after an active shooter opened fire at Fort Stewart military base in east Georgia, the Army said. The shooter has […]
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