Browsing: Donald Trump

Trump raised a temporary global U.S. import tariff to 15% as customs ends IEEPA tariff collection after a Supreme Court ruling and new rules start Feb. 24.

Trump said he ordered the Pentagon and other agencies to release government files on UFOs, UAP and extraterrestrial life in a Truth Social post Thursday, Feb. 19.

U.S. Supreme Court rules Trump’s emergency tariffs illegal, limiting IEEPA powers and leaving importers seeking refunds after broad duties hit global trade.

President Trump imposed a temporary 10% global import duty after the Supreme Court ruled emergency law IEEPA cannot authorize tariffs, with effect Feb. 24.

Oil futures rose as U.S.-Iran tensions and Strait of Hormuz disruptions lifted risk premiums, while a large EIA inventory draw added support.

U.S. trade deficit totaled $901.5B in 2025 as record $4.33T imports and rising exports left the gap nearly unchanged, Commerce Department data show.

Gold fell more than 2% to $4,898.53 an ounce as the dollar index rose 0.2% and holiday closures thinned trade, with Fed minutes due Wednesday, after $4,862 low.

U.S. beef and veal prices rose 15% year over year in January, BLS data show, as USDA reports a smaller cattle herd and tight supplies across processors in 2026.

Congressional Budget Office projects US debt near $64 trillion within a decade as annual deficits rise and interest costs grow under current law and tariffs now.

Tax Foundation says Trump tariffs cost households about $1,000 in 2025, as customs duties surged and studies found most costs passed to U.S. buyers at checkout.