U.S. Economy
Trump, asked if he has to ‘uphold the Constitution,’ says, ‘I don’t know’
U.S. President Donald Trump delivers remarks on the National Day of Prayer, in the Rose Garden at the White House in Washington, D.C., U.S., May 1, 2025. Evelyn Hockstein | Reuters President Donald Trump argued in an interview with NBC News’ “Meet the Press” that fulfilling his ambitious campaign promise to rapidly carry out mass […]
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Trump rejects concerns about prices and economic uncertainty as he defends his agenda
U.S. President Donald Trump delivers a commencement address at the University of Alabama in Tuscaloosa, Alabama, U.S., May 1, 2025. Leah Millis | Reuters President Donald Trump played down the fears of his critics — from the potential harms of a recession to worries about rising prices due to his tariffs to the possibility that […]
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Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden
U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | Reuters President Donald Trump took credit for the “good parts” of the economy in an exclusive interview with NBC News airing Sunday, but said […]
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Why the Panama Canal is a big, long-term prize in Trump’s global trade war
The Panama Canal has spent the past few years battling extreme weather, with the El Niño phenomenon and severe drought leading to a water-level crisis. Now, it’s President Trump’s trade war that is threatening the global trade gateway. A critical passage for U.S. East Coast bound ocean freight container traffic, the Panama Canal is facing […]
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Trump posts AI-generated photo of himself dressed as the pope
Zoom In IconArrows pointing outwards U.S. President Donald Trump’s Truth post in papal attire Courtesy: The White House via X, formerly Twitter Trump attended Pope Francis’ funeral in Rome last weekend, during which he also met with Ukrainian President Volodymyr Zelenskyy. On Tuesday, days after returning from Francis’ funeral, Trump joked to reporters outside the […]
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Here’s how China could retaliate against U.S. tariffs
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the […]
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Trump plans to unveil federal budget proposal on Friday
U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a White House official. The annual White House budget request includes economic forecasts as well as detailed proposals about how […]
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U.S. and Ukraine sign landmark minerals deal after months of fraught negotiations
Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine. Pierre Crom | Getty Images News | Getty Images The U.S. and Ukraine have signed a long-awaited minerals deal, providing Washington with preferential access […]
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Trump calls China the ‘chief-ripper-offer’ on trade, with no sign of direct talks
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty Images President Donald Trump on Wednesday called China the leading candidate for the “chief-ripper-offer” on trade, and tried to downplay the possible economic impacts of […]
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White House moving ‘as fast as possible’ on India trade deal, Navarro says
President Donald Trump’s top trade advisor Peter Navarro said Wednesday that the White House is moving in “Trump time” as they negotiate a tariff deal with India, “which is to say, as fast as possible.” “In Indian democracy, it’s got to go through the prime minister and the parliament, we can’t just do that, but […]
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