El Salvador refused to return a U.S. deportee At a White House meeting with President Trump, El Salvador’s president, Nayib Bukele, said yesterday that he would not return a man who was wrongly deported from the U.S. and sent to a notorious prison in El Salvador. “Of course I’m not going to do it,” Bukele…
El Salvador refused to return a U.S. deportee At a White House meeting with President Trump, El Salvador’s president, Nayib Bukele, said yesterday that he would not return a man who was wrongly deported from the U.S. and sent to a notorious prison in El Salvador. “Of course I’m not going to do it,” Bukele…
China struck back at U.S. tariffs with an export pause China has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries. The move is in retaliation for President Trump’s sharp increase in tariffs. The metals and the special magnets made with them can now…
China struck back at U.S. tariffs with an export pause China has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries. The move is in retaliation after President Trump’s sharp increase in tariffs. The metals and the special magnets made with them can now…
The U.S. and China are headed for a ‘monumental’ split A dizzying escalation of tariffs has ruptured a trade relationship between the U.S. and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. Many economists cautioned that the full repercussions would not be felt for weeks….
Alarming signs as the trade war worsened U.S. stocks tumbled yesterday as Treasury bonds began to sell off again, oil prices dropped and the stocks of Big Tech companies like Apple and Nvidia fell. Together, the signs pointed to a souring mood as investors assessed the worsening trade war with China. President Trump clarified that…
Markets jumped as Trump paused tariffs Just hours after President Trump imposed steep tariffs on dozens of America’s trading partners, he reversed course. The president announced yesterday afternoon that nearly all of his so-called reciprocal tariffs would be paused for 90 days, and that he might consider exempting some U.S. companies from the tariffs. Nearly…
Trump pressed ahead with a trade war President Trump is facing blowback from trading partners, businesses and investors over sweeping tariffs, with a new wave set to snap into effect today. Those include another 50 percent duty on China. As a result, tariffs on Chinese goods imported to the U.S. will be at least 104…
Trump threatened China with even bigger tariffs President Trump yesterday told China to rescind its retaliatory tariffs on the U.S. or face additional tariffs of 50 percent starting tomorrow. The threat came as countries around the world were trying to appeal to the president to have steep tariffs rolled back. The added tariffs would bring…