Government and politics
Trump to address joint session of Congress at 9 p.m. ET with DOGE, tariffs and Ukraine looming
President Donald Trump delivers his State of the Union address to a joint session of the U.S. Congress on Capitol Hill in Washington, U.S. January 30, 2018. Leah Millis | Reuters President Donald Trump is set to address a joint session of Congress on Tuesday night amid stock market turmoil driven by his stiff new […]
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Trump tariff compromises with Mexico and Canada teased by Commerce Secretary Lutnick
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped […]
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Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect Tuesday. Cornell said Target relies heavily on […]
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Trump ‘bump’ disappears as the S&P 500 is now negative since the election
President-elect Donald Trump walks onto the floor of the New York Stock Exchange (NYSE) with his wife Melania, after being named TIME’s “Person of the Year” for the second time on December 12, 2024 in New York City. Spencer Platt | Getty Images The S&P 500 has now lost all of its post-election gains as […]
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Trump lawyer Habba on fired veterans: ‘Perhaps they’re not fit to have a job at this moment’
(L-R) Attorney Alina Habba speaks as US former President and Republican presidential candidate Donald Trump looks on during a press conference at Trump Tower in New York City on September 6, 2024. Charly Triballeau | AFP | Getty Images President Donald Trump’s top lawyer Alina Habba on Tuesday questioned whether some military veterans fired from […]
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As the U.S. halts military aid to Kyiv, how long can Ukraine continue to fight Russia?
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters U.S. military aid for Ukraine has been halted following the spectacular falling-out between President Donald Trump and Ukraine’s leader Volodymyr Zelenskyy, leaving the country in an extremely precarious situation, defense strategists say. An anonymous […]
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Europe looks to mobilize $840 billion in defense spending boost, EU Commission head says
President of the European Commission Ursula von der Leyen arrives to give a press conference on the “Defence package” at the EU Commission headquarters in Brussels on March 4, 2025. (Photo by Nicolas TUCAT / AFP) (Photo by NICOLAS TUCAT/AFP via Getty Images) Nicolas Tucat | Afp | Getty Images New plans from the European […]
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Nvidia shares fall 9% on tariff fears
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 6, 2025. Steve Marcus | Reuters Nvidia shares fell nearly 9% on Monday after President Donald Trump confirmed that tariffs from Canada and Mexico will go into effect on Tuesday. The chipmaker’s […]
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EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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Europe wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco
European leaders pose for a family photograph at Lancaster House during the European leaders’ summit on March 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty Images European allies put forward their own peacekeeping plans for Ukraine at the weekend, as well as attempting to position the region as a mediator […]
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