Foreign policy
Inside the renovations of the Federal Reserve headquarters: Slideshow
The front facade of the Marriner S. Eccles Federal Reserve Board Building is visible as a massive renovation continues on the building and the 1951 Constitution Avenue Building on July 24, 2025 in Washington, DC. Andrew Harnik | Getty Images After months of President Donald Trump criticizing Federal Reserve Chairman Jerome Powell for his refusal […]
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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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Trump administration ramps up its campaign against colleges
A glimpse into the Harvard University campus on May 24, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images The Trump administration continued building its multi-pronged case against American universities Wednesday, with the announcement of new investigations by the departments of state and education. The new probes are the latest in a […]
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Japan trade deal info on Trump’s desk was altered by hand with a marker
President Donald Trump discussing a U.S.-Japan trade agreement with a Japanese delegation and top White House aides in the Oval Office, Tuesday, July 22, 2025. Source: @Scavino47 via X | The White House President Donald Trump’s art of the deal seemed to play out in real time on Tuesday. Trump announced what he called a […]
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CNBC Daily Open: Japan markets rally on the country’s 15% tariff rate — it’s a new era of trade
A man walks in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on July 23, 2025. Kazuhiro Nogi | Afp | Getty Images The anchoring effect is one of the sneakiest tools companies use to make us spend money. Here’s how it works. Let’s say […]
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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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How Europe’s ‘trade bazooka’ could be a last resort against Trump’s tariffs
President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. Jonathan Ernst | Reuters The European Union appears to be preparing to deploy its “Anti-Coercion Instrument” — characterized as a “nuclear option” to try to […]
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U.S. doubles down on Aug. 1 tariffs deadline as EU battles for a deal
President Donald Trump speaks at a dinner for Republican Senators at the White House in Washington, DC, on July 18, 2025. Photo by Allison Robbert/For The Washington Post via Getty Images The U.S. has signaled it will not let up on its Aug. 1 deadline for higher tariffs on the European Union as the bloc […]
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Brexit made businesses abandon the UK. Trump’s hefty EU tariffs could bring them back
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London. Jason Alden | Bloomberg Creative Photos | Getty Images In 2016, the U.K.’s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them. Fast forward to 2025, and the specter […]
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