Business
Say what you will, and most people were screaming, but the fact is that President Donald Trump’s original Liberation Day announcement of punitive reciprocal tariff charges on almost everyone in the world has actually worked. Pundits told us that former friends and allies would flock to China. They were dead…
President Donald Trump on Wednesday continued to burnish his reputation as a pragmatic president, pausing some of the tariffs he had imposed just days earlier — except against China — when investors showed signs of being “yippy” and the U.S. economy began to teeter. The pause comes one week after…
President Donald Trump on Wednesday announced a 90-day pause on his “reciprocal” tariffs taking effect to allow negotiations to proceed with trading partners that hadn’t yet retaliated, which one of his main advisors touted as showing the progress made in bringing other countries to the table. White House senior trade counselor…
Treasury Secretary Scott Bessent said that China is at odds with the rest of the world as the Trump administration alleviated tariffs for everyone but Beijing on Wednesday. President Donald Trump on Wednesday announced that he would reduce recently imposed reciprocal tariffs on several countries, while also revealing an immediate…
Treasury Secretary Scott Bessent said customized tariffs were paused on Wednesday afternoon due to President Donald Trump wanting to be “personally involved” in negotiations as dozens of nations contacted the White House to strike deals. “We’ve had more than 75 countries contact us. And I imagine after today, there will…
Democrats gilled Trump trade chief Jamieson Greer during a hearing before the House Ways and Means Committee on Wednesday, accusing President Donald Trump’s administration of taking a “shoot first, then aim” approach to tariffs. Rep. Judy Chu, D-Calif., made the accusation during her questioning of Greer, and many Democrats expressed…
For decades, the use of tariffs was considered a smart economic move to protect American entrepreneurship and markets for domestic producers. They were in place as America surpassed Great Britain in the late 1800s and early 1900s as the preeminent nation and economy in the world.They were in place during…
Clean energy accounted for nearly 41% of the world’s electricity in 2024. Ember released a report on Tuesday that found 40.9% of global electricity generation last year came from clean energy. Last year marked the “first time since the 1940s” that clean energy’s share of global power generation crossed the 40% threshold,…
President Donald Trump previewed on Tuesday evening that the pharmaceutical industry will be the next to face a “major” tariff. “We’re going to tariff our pharmaceuticals. And once we do that, they’re going to come rushing back into our country, because we’re a big market. The advantage we have over…
Exclusive: As genetic testing company 23andMe seeks to sell the consumer data of millions of Americans as part of its bankruptcy proceedings, Senate HELP Committee Chairman Bill Cassidy is opening up a probe into the company to ensure that users’ medical data and DNA do not fall into the wrong…