President Donald Trump praised Britain’s current leadership for maintaining a constructive relationship with the United States amid sweeping new tariffs.
Wall Street suffered its worst collapse since the COVID-19 pandemic on Friday after China matched President Donald Trump’s sweeping tariff increases, triggering fears of a deepening trade war. The S&P 500 plunged 6 percent, the Dow Jones dropped 2,231 points, and the Nasdaq shed nearly 6 percent—marking the worst weekly decline since March 2020.
California Governor Gavin Newsom (D) has called for the state to pursue "strategic" relationships with world leaders, urging them to make a retaliatory tariff exception for California exports.
In a notable challenge to President Donald Trump's trade policies, the Senate passed a resolution on April 2 aiming to terminate the emergency declaration that facilitated tariffs on Canadian imports.
President Donald Trump will unveil a sweeping tariff plan on Wednesday, April 2, 2025, during a Rose Garden event marking what he has called "Liberation Day." The announcement is expected to introduce reciprocal tariffs aimed at countering foreign trade practices that have harmed American industries for decades.
Rep. Scott Perry (R-PA) told Newsmax on Tuesday that despite Democratic opposition, President Donald Trump’s tariffs are already showing positive economic results.
President Donald Trump stated during a White House Cabinet meeting on Monday that his administration has identified approximately $4 trillion worth of companies moving back to the United States due to his tariff policies. Trump highlighted the return of industries that had previously relocated overseas, emphasizing job creation and economic growth.
