Elections
Harvard University rejects Trump DEI demands, imperiling $9 billion in federal funding
A person runs past Dunster House at Harvard University in Cambridge, Massachusetts, March 17, 2025. Scott Eisen | Getty Images Harvard University on Monday rejected demands by the Trump administration to eliminate its DEI programs and screen international students for ideological concerns, putting nearly $9 billion in federal funding for the university at risk. “No […]
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Trump aide Hassett says U.S. got ‘amazing’ tariff deal offers, recession ‘100% not’ happening
White House Council of Economic Advisers Chairman Kevin Hassett speaks with reporters outside the White House in Washington, DC, on March 7, 2025. Anna Moneymaker | Getty Images News | Getty Images National Economic Council Director Kevin Hassett said Monday that “more than 10” countries have made “very good, amazing” trade deal offers to the […]
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Trump Commerce chief fuels tariff confusion, saying exemptions for phones, computers and other electronics are not permanent
U.S. Commerce Secretary nominee Howard Lutnick speaks inside the Capital One arena on the inauguration day of Donald Trump’s second presidential term, in Washington, U.S., January 20, 2025. Mike Segar | Reuters President Donald Trump’s Commerce Secretary Howard Lutnick suggested Sunday that the reciprocal tariff exemptions for some electronics may be short-lived, and said separate […]
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China urges Trump to correct mistakes and heed ‘rational voices’ on reciprocal tariffs
China’s Commerce Ministry called the U.S. tariff exemptions a “small step” and urged U.S. President Donald Trump to “completely abolish” the reciprocal tariffs, which include a 145% duty on imports from China. “We urge the U.S. to heed the rational voices of the international community and domestic parties, take a big stride in correcting its […]
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Trump exempts phones, computers, chips from new tariffs
Smartphones and computers will be exempted from President Donald Trump’s reciprocal tariffs, according to new guidance from U.S. Customs and Border Protection. The guidance comes after Trump earlier this month imposed 125% tariffs on products from China, a move that was poised to take a toll on tech companies like Apple, which make most of […]
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Billionaire investor Stanley Druckenmiller: ‘I do not support tariffs exceeding 10%’
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%. The founder of Duquesne Family Office has been consistent in opposition to the U.S. imposing tariffs above 10% […]
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Economists take issue with Trump’s tariff formula, arguing rate is inflated
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United […]
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Congress has power over tariffs, but stopping Trump isn’t likely as of now
President Donald J Trump addresses a joint session of Congress as Vice President JD Vance and Speaker of the House Mike Johnson (R-LA) listen in the Capitol building’s House chamber on Tuesday, March 04, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump is on a tariff spree […]
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Pentagon watchdog launches probe of Defense Secretary Pete Hegseth over use of Signal app
U.S. Defense Secretary Pete Hegseth looks on, as President Donald Trump (not pictured) delivers remarks, in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters The Pentagon’s internal watchdog opened an investigation of Defense Secretary Pete Hegseth for using the Signal messaging app to discuss pending […]
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Eric Adams announces he will run as independent in New York mayoral race
New York City Mayor Eric Adams holds a press briefing after former Governor Andrew Cuomo enters the mayoral race on March 03, 2025 in New York United States. Selcuk Acar | Anadolu | Getty Images New York City Mayor Eric Adams will run for reelection as an independent, opting out of the Democratic primary just […]
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