Browsing: Donald Trump

US tariffs on EU goods will rise to 30% on August 1, with Europe preparing countermeasures as trade talks falter between Brussels and Washington.

Jerome Powell firmly rejects White House claims of wasteful spending on the Federal Reserve renovation, citing transparency and unavoidable cost increases.

House Republicans advanced crypto regulation bills after breaking a record-setting deadlock, overcoming GOP divisions to push key legislation closer to passage.

US inflation data for June is expected to show how President Trump’s tariffs are beginning to influence consumer prices across key goods categories.

America leverages natural gas to meet AI’s growing power demands, with $70 billion in investments focused on data centers and energy infrastructure in Pennsylvania.

The European Union has postponed its retaliatory tariffs on US exports until early August to allow more time for talks amid rising transatlantic trade tensions.

Brazil’s beef exports to the US could stop after August 1, driving demand for Australian beef as Trump imposes heavy tariffs over political grievances.

U.S. President Trump will impose a 35% tariff on Canadian goods from August 1, citing fentanyl concerns and trade imbalance amid ongoing bilateral talks.

NASA is set to lose over 2,100 senior staff under Trump administration cuts, raising concerns over future space missions and a shrinking technical talent base.

Policymakers at the June Fed meeting agree cuts are likely, yet remain split over how inflation from tariffs and softening data will shape future action.