Sen. Chuck Schumer (D-N.Y.) said President Trump is going “so overboard” on his tariff agenda. Schumer joined CNN on Tuesday, just a day before Trump’s latest round of sweeping reciprocal tariffs went into effect on Wednesday. He was pushing for Congress to take action against the new trade policies as they spark instability at home...
With President Trump's latest tariffs underway, a group of House Democrats are calling on the administration to try to protect medical supply chains from the "devastating consequences" the mounting trade war could inflict on patients. Led by Democratic Reps. Doris Matsui (Calif.) and Brad Schneider (Ill.), 26 House Democrats signed a letter to U.S. Trade...
China on Wednesday announced a new 50 percent tariff on U.S. exports, intensifying a trade war initiated by President Trump that is showing no signs of slowing down as it causes economic chaos around the world. “The U.S. threat to escalate tariffs on China is a mistake on top of a mistake and once again...
President Trump's latest round of sweeping reciprocal tariffs went into effect early Wednesday, including a 104 percent import tax on China. The tariffs, which Trump announced April 2, the day he dubbed “Liberation Day,” hit nearly all foreign trading partners with an import tax on products coming into the U.S. A baseline 10 percent tariff,...
The Supreme Court has handed President Trump a mix of wins and losses when it comes to legal challenges to his exhaustive second-term agenda, with two of the justices holding all the cards. Chief Justice John Roberts and Justice Amy Coney Barrett are emerging as the key to Trump’s success as a pileup of applications...
Republican lawmakers fear the defiant Chinese response to President Trump’s sweeping tariffs leaves the world’s two largest economies hurtling toward a trade war that could last for months. Republican senators agree with Trump’s claim that China hasn’t dealt fairly with the United States and acknowledge that China needs the U.S. market for its own economic...
Health and Human Services (HHS) Secretary Robert F. Kennedy Jr.’s personal visit to the family of a Texas girl who died of measles appeared to mark a slight shift for the former anti-vaccine activist, who has sought to downplay the seriousness of the outbreak. Public health and infectious disease experts who have sounded alarm over...
The White House is arguing that revenue from President Trump's tariffs on U.S. importers is going to help pay for domestic tax cuts. “This time around, tariffs will help pay for both tax cuts and deficit reduction,” Stephen Miran, chair of the White House Council of Economic Advisers (CEA), said Monday, distinguishing the incoming general...
As the White House presses ahead with sweeping tariffs on dozens of nations that could upend the global economy, President Trump's former Commerce secretary sees it as “typical Trump.” “This is probably the most important decision that he will make during his whole next term,” Wilbur Ross, who served as Commerce secretary for the entirety...
Supreme Court Justice Amy Coney Barrett is the target of new ire from President Trump’s most fervent supporters after she bucked his position on a key case earlier this week. Barrett joined — albeit only in part — a dissenting opinion penned by liberal Justice Sonia Sotomayor on Monday. The case revolves around the highly...
Senate Democrats sent a letter to Commerce Secretary Howard Lutnick to call on the Trump administration to reverse its recent sweeping tariff actions, while raising alarm over the potential threats posed to small businesses. In the recent letter, led by Sen. Jacky Rosen (D-Nev.), a group of Democrats said the recent tariffs “are putting small...
Acting Internal Revenue Service (IRS) commissioner Melanie Krause is resigning after a deal was made to share immigrants’ tax data with Immigration and Customs Enforcement (ICE). Several reports confirmed Krause, who was acting head of the agency since February, would be stepping down over the new data-sharing agreement. It was announced Monday that Treasury Secretary...
