China has halted exports of key rare earth minerals and magnets crucial to American manufacturing, defense, and high-tech industries. Beginning April 3, Beijing stopped shipping seven heavy rare earth metals …
"tariffs"
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Breaking News
Trump Hits China with 125% Tariff, Grants 90-Day Pause to Friendly Nations, Markets See Historic Gains
President Donald Trump has once again shaken up global trade dynamics with a bold two-part move: a 125% tariff on Chinese imports and a 90-day pause on tariffs for dozens …
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The Trump administration’s new tariffs have prompted more than 50 countries to reach out to the White House to discuss potential trade deals, according to National Economic Council Director Kevin …
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President Donald Trump made it clear Sunday that the United States will not be cutting any trade deals with China unless the massive trade deficit—now exceeding $1 trillion—is fully addressed. …
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U.S. stocks took a staggering tumble on Thursday, erasing an estimated $2.5 trillion in market value in what financial analysts are calling the largest single-day drop since 2020. The Dow …
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Money
Trump Declares ‘Economic Independence’ With 10% Tariff on All Imports, Higher Rates for Trade Offenders
President Donald Trump on Wednesday announced new tariffs on nearly all foreign goods entering the United States. He called it a “Declaration of Economic Independence” and a long-overdue step toward …
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In a signal to Tehran, President Donald Trump declared that military action is on the table if Iran refuses to negotiate an agreement curbing its nuclear ambitions. Speaking to NBC …
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Money
US Treasury Secretary Says White House Working to Prevent Financial Crisis but ‘No Guarantees’ on Recession
Treasury Secretary Scott Bessent says the Trump administration is taking action to prevent a financial crisis but admits there are “no guarantees” a recession won’t happen. Speaking on Meet the …
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The Federal Reserve announced Wednesday that it is keeping its benchmark interest rate unchanged, maintaining the federal funds rate at 4.25% to 4.5%. This is the second straight meeting where …
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Two major inflation indicators showed signs of cooling, with both the Consumer Price Index (CPI) and Producer Price Index (PPI) coming in lower than forecasted. The latest data, released by …