Tariffs will revert to April levels if countries don't make a deal by August 1, Bessent says
Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury Secretary Bessent said Sunday.
Trump calls Elon Musk 'wonderful guy,' despite renewed criticism of 'big, beautiful bill'
President Donald Trump refrained from criticizing Elon Musk in a Fox News interview on Sunday, calling him "wonderful" despite Musk's claims that Trump's Senate bill would cause "immense strategic harm" to America.
Trump declares China can purchase Iranian oil as market signals cautious optimism
Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil, with crude prices dropping amid reduced concerns about the Strait of Hormuz.
LA Apple Store looted in anti-ICE riots
Masked rioters ransacked an Apple store in downtown Los Angeles amid ongoing protests against ICE raids. President Donald Trump has deployed U.S. Marines to restore order.
Trump spending bill to cut taxes by $3.7T, add $2.4T to deficit, CBO says
The Congressional Budget Office estimates President Donald Trump’s tax cuts would add $2.4 trillion to the national debt and leave 10.9 million more people uninsured.
Trump admin seeks countries' best offers ahead of tariff deadline
As Trump's tariff deadline nears, the U.S. is seeking trade proposals from global partners, including the EU and Japan, focused on industrial and agricultural products.
Taiwan promises to buy more American goods, under threat of 32% Trump tariff
Amid U.S. tariff threats, Taiwan's President Lai commits to buying more U.S. goods. Congressional delegations discuss trade, energy, and defense sales.
EU agrees to fast-track US trade talks after weekend Trump call
President Donald Trump and EU President Ursula von der Leyen agreed to fast-track trade talks, delaying further tariffs until at least July 9.
China caves on 125% tariff for major US export after White House predicts Beijing can't keep up
China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the tariff last month.