Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.
Incoming trade advisor Peter Navarro has reassured Americans that the tariffs planned for President-Elect Donald Trump's next term will not lead to inflationary pressures. Speaking with CNBC, Navarro pointed to the significant tariffs imposed on Chinese imports during Trump’s previous term, such as steel, aluminum, dishwashers, and solar panels. Despite fears that these tariffs would drive up prices, Navarro emphasized that they had no discernible impact on inflation. He also dismissed past warnings about inflation, recalling how critics had predicted economic chaos during Trump’s first term, only to see those fears prove unfounded.
President-elect Donald Trump announced Saturday that longtime foreign policy adviser Richard Grenell will serve as an envoy for special missions in the incoming administration. Grenell, a trusted Trump ally, is tasked with tackling some of the world’s most challenging foreign policy issues.
Meghan Markle and Prince Harry have unveiled their 2024 holiday card, shortly after reports emerged that the couple did not receive an invitation to join the royal family’s annual Christmas celebration at Sandringham in Norfolk
The nonprofit Fix the Court, an organization advocating for Supreme Court reforms under the banner of “ethics” and “transparency,” is facing backlash for questionable financial practices. Fiscal 2023 financial disclosures reveal the group paid its director, Gabe Roth, a salary amounting to 96% of its annual revenue.
With a federal shutdown looming on Friday, congressional leaders are in a race against time to pass a continuing resolution (CR) to keep the government running. Key sticking points include farm aid and disaster assistance, with bipartisan negotiations at a standstill.
The California Energy Commission approved a $1.4 billion plan to create more chargers for electric vehicles (EVs). The policy would result in an estimated 17,000 new chargers.
