Retail, autos, tech: These are the US industries that could be walloped by tariffs on China
With 145% tariffs looming, experts warn of a $325 billion blow to U.S. tech, soaring iPhone costs, and major supply chain turmoil across fashion and electronics.
China's trade war weapons: Rare earth ban and US debt dump could cripple American economy and defense
As U.S.-China trade tensions rise, experts warn Xi Jinping could cut rare earth exports or dump U.S. treasuries, threatening defense systems and economic stability.
Movement to ban Chinese farmland purchases near military bases gains steam in the Senate
The PASS Act, led by Sen. Mike Rounds and backed by Senate leadership, would ban adversaries like China and Iran from scooping up farmland near U.S. military bases
Chinese companies shore up US-based production to avoid Trump trade crackdown
Chinese companies are investing in U.S.-based production and warehouses as President Donald Trump cracks down on imported goods from China with steep tariffs.
Trump's commerce pick with crypto ties advances to Senate floor
The Senate Commerce Committee moved to advance the nomination of billionaire banker Howard Lutnick to lead the Commerce Department to the Senate floor on Wednesday.
Biden authorizes federal funding increase for debris removal in Surfside
President Biden increased the level of federal funding available for debris removal and emergency protective measures at Champlain Towers South condo building collapse in Surfside, Fla.
Biden to those making $400K: I love you but I don't mind if your taxes go up
President Biden traveled to La Crosse, Wisc. to drum up support for a bipartisan infrastructure deal reached last week that he touted will not raise taxes on those earning less than $400,000.
Biden gave Putin list of 16 critical infrastructure entities 'off limits' to cyberattacks
President Biden told reporters Wednesday he gave President Vladimir Putin a list of 16 critical infrastructure entities that are “off limits” to a Russian cyber attack.
Energy experts explain why Texas is facing power shortages again
Texas is again facing a power squeeze as the Electric Reliability Council of Texas (ERCOT) asked residents this week to conserve as much power as possible until Friday.