Donald Trump
Trump sets 10% tariff on lumber imports, higher rates on wooden products
U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on […]
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CNBC Daily Open: A U.S. government shutdown could make Fed’s job harder
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters After a seemingly unproductive meeting between lawmakers and U.S. President Donald Trump on Monday, the chances that the country’s […]
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‘We’re headed to a shutdown,’ Vance says after Trump meeting with leaders ends
U.S. Vice President JD Vance speaks next to House Speaker Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) on the day U.S. President Donald Trump meets with top congressional leaders from both parties, just ahead of a September 30 deadline to fund the government and avoid a shutdown, at the White House in […]
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Watch: Trump details plan to end Israel war with Hamas in Gaza
The White House on Monday released a 20-point plan by President Donald Trump to end the war in Gaza between Israel and Hamas. The release came minutes before Trump began speaking at the White House about the proposal, which has not been agreed to by Hamas. Trump was joined by Israeli Prime Minister Benjamin Netanyahu. […]
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Democrats refuse to cave on health care before meeting with Trump on government shutdown
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks to reporters during a press conference at the U.S. Capitol Building on September 29, 2025 in Washington, DC. Anna Moneymaker | Getty Images Congressional Democrats held the line on their health-care demands just hours before meeting Monday with President Donald Trump and Republican leadership to discuss avoiding […]
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A possible risk to markets from a shutdown getting chatter on trading floors
Markets have largely shrugged off previous government shutdowns, but this time could prove different if it shows U.S. government ineptitude has fallen to a new low. That could cause rating agencies to reexamine the high, but fragile condition of U.S. credit worthiness. On Monday the Labor Department said it’s preparing a contingency plan for what […]
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Trump bashes Zohran Mamdani after Eric Adams drops out of New York mayor’s race
New York City mayoral candidate Zohran Mamdani speaks to the media during a campaign stop with Speaker of the New York State Assembly Carl Heastie in the Bronx borough of New York City, U.S., September 17, 2025. Eduardo Munoz | Reuters President Donald Trump on Monday bashed New York City mayoral race front-runner Zohran Mamdani […]
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European stocks close higher as pharma giants AstraZeneca and GSK notch gains
Stocks listed in Europe closed higher on Monday, as investors monitored the impact of a potential U.S. government shutdown later in the week. The pan-European Stoxx 600 provisionally ended up around 0.34%, with most sectors and major bourses in positive territory. Lufthansa ended the session slightly higher, paring earlier gains, after it said its free […]
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Trump ‘Truths’ about tariffs on films and furniture raise questions on details
US President Donald Trump speaks with the press on the South Lawn of the White House on Friday September 26, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump on Monday said he would impose a 100% tariff on foreign-made films and slap “substantial Tariffs” on any country that does not […]
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