Elections
Trade court won’t reinstate tariff exemption on low-value ‘de minimis’ shipments, for now
U.S. President Donald Trump and British Prime Minister Keir Starmer (not pictured) hold a bilateral meeting at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025. Evelyn Hockstein | Reuters A federal trade court on Monday declined, for now, to block President Donald Trump’s decision to end a longstanding tariff exemption for low-value […]
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Trump trade rep sets low bar for China trade talks, no ‘enormous breakthrough’ expected
U.S. Trade Representative Jamieson Greer said Monday that China’s willingness to hold trade talks with the United States this week is a “good sign,” but he is not expecting any “enormous breakthrough.” “I don’t expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our […]
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Lutnick: Trump wants ‘good enough’ EU trade offer — but what that means is unclear
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that the European Union should agree to open its markets for U.S. exports to convince President Donald Trump to […]
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Trump’s trade deals and tariffs are on the chopping block in court. What happens next
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump’s sweeping tariff powers and recent trade deals […]
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Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats
President Donald Trump and Federal Reserve Chairman Jerome Powell went back and forth in front of the press Thursday over Trump’s claims about cost overruns at the Fed headquarters in Washington. The stunning side-by-side took place as Trump began a rare tour of the Fed building, in what was widely seen as the latest chapter […]
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Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump’s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and […]
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Republican senators join Dems on bill to exempt small businesses from Trump’s Canada tariffs
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Republican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions […]
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Japan’s Prime Minister Ishiba denies reports suggesting he could resign in August: Reuters
Japan’s Prime Minister Shigeru Ishiba addresses the media at the vote counting center in the Liberal Democratic Party headquarters in Tokyo on July 20, 2025. Franck Robichon | Afp | Getty Images Japan’s embattled Prime Minister Shigeru Ishiba has denied media reports that he was considering resigning, according to Reuters. Local media outlets earlier in […]
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White House releases U.S.-Indonesia trade deal framework, final talks underway
The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon. U.S. tariffs on Indonesian imports would be set at 19% under the deal, which is described in the release as an […]
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Sen. Mike Lee posts, deletes fake resignation letter by Fed Chair Powell: Reports
Sen. Mike Lee, R-Utah., speaks to reporters as he arrives for the Senate Republicans’ lunch meeting in the U.S. Capitol on Tuesday, June 17, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Sen. Mike Lee, R-Utah, on Tuesday reportedly shared and then hastily deleted a fake, apparently AI-generated letter purporting to show Jerome […]
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