As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People browsed a high-end perfumery, lounged outside coffee shops and waited in a wraparound line for…
Browsing: Trump Presidency
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into place on nearly 60 countries,…
A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and retaliation by China, the European Union and others, raising questions about what is typically seen as the safest corner…
Stock prices fell sharply on Thursday after President Donald Trump the day before announced sweeping tariffs of 10% on all U.S. trading partners and higher levies on countries with which the U.S. has a trade deficit. With Thursday’s decline, the S&P 500 — a…
The stock market staged a brief rally Tuesday on hopes that President Donald Trump would turn from raising tariffs to cutting deals, before sinking amid renewed tough talk by administration officials. The S&P 500 index closed down 1.5 percent, bringing…
Beijing on Wednesday called for “dialogue” with Washington even as it vowed to take “forceful measures” to protect the Chinese economy from President Donald Trump’s 104 percent minimum tariffs. A worsening trade war between the world’s two biggest economies has…
Kari Lake, senior adviser to the parent agency of Voice of America, is set to be detailed to the State Department, a move that could thwart her ambition of transforming U.S.-backed news content worldwide, according to two people with knowledge of…
The acting head of the IRS plans to resign after being bypassed over a new agreement to share the tax data of undocumented immigrants with Homeland Security personnel, according to two people familiar with the situation. Acting IRS commissioner Melanie…
At least half of the front-line lawyers in the elite Justice Department office that represents the Trump administration at the Supreme Court are preparing to leave or have already announced their departures — an unusually high amount of turnover at a…
President Donald Trump said Wednesday that he will impose a new 10 percent tariff on all imported goods along with higher import taxes tailored for each of about 60 countries that his advisers say maintain the largest barriers against U.S.…
