The Trump administration is accelerating its trade agenda, with 18 countries submitting formal proposals for new trade agreements, according to White House Press Secretary Karoline Leavitt.
President Donald Trump renewed his threat to fire Federal Reserve Chair Jerome Powell, escalating a standoff with the central bank over interest rates and economic policy. Speaking from the Oval Office Thursday, Trump criticized Powell for not cutting rates and declared, “If I want him out, he’ll be out of there real fast, believe me.”
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.