China has suspended exports of critical rare earth minerals and magnets, escalating its trade war with the United States in direct retaliation to President Donald Trump's newly implemented 145% tariffs on Chinese imports.
Swiss pharmaceutical giant Novartis has announced a $23 billion investment to expand its U.S. operations, a move following President Trump's recent pledge to impose significant tariffs on imported drugs.
President Donald Trump has threatened to impose tariffs and sanctions on Mexico, accusing the country of violating the 1944 Water Treaty by failing to deliver agreed-upon water to Texas farmers.
President Donald Trump dismissed China's latest retaliation in the ongoing tariff battle — a reduction in the number of American films allowed in the country — with humor and confidence. During a Cabinet meeting Thursday, Trump brushed off concerns that Beijing is now targeting cultural exports, particularly Hollywood.
Following President Donald Trump’s implementation of steep tariffs on Chinese imports, Amazon has reportedly begun canceling direct import orders for products manufactured in China and other Asian nations. The cancellations come in response to Trump’s April 2 tariff hike, which raised import duties on Chinese goods to 125%.
Senator John Kennedy (R-LA) declared Wednesday that President Donald Trump has already “won” in the ongoing global trade disputes, thanks to his assertive tariff strategy. Kennedy made the comments during a segment on MSNBC’s Morning Joe, citing the willingness of numerous countries to negotiate as evidence of Trump’s leverage.
President Donald Trump announced a sweeping series of tariffs last Friday, sparking strong reactions over the weekend from markets, media, and political observers. The move caused a sharp dip in the stock market and raised concerns about short-term economic turbulence, but Trump and his allies argue the long-term goals are critical for national security and economic sovereignty.
