Articles filed under Donald Trump
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Trump’s tariffs pushed the U.S. uncomfortably close to a financial crisis before pauseApr 10, 2025 8:27 am - President Donald Trump may have brought the world to the brink of a financial crisis before pausing his tariff war on Wednesday, as the $28 trillion market for Treasury bonds displayed unusual strains in the hours before his change of course.
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House GOP approves framework for Trump’s big bill after intense wrangling wins over GOP holdoutsApr 10, 2025 8:12 am - House Republicans narrowly approved their budget framework on Thursday, a political turnaround after Speaker Mike Johnson worked into the night to satisfy GOP holdouts who had refused to advance trillions of dollars in tax breaks without deeper spending cuts.
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US egg prices increase to record high, dashing hopes of cheap eggs by EasterApr 10, 2025 8:03 am - U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump's predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks. And the prices reported Thursday in the Consumer Price Index may not decline until after Easter because demand remains high.
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EU pauses tariff retaliation for 90 days to match Trump move, holding out hope for talksApr 10, 2025 7:58 am - The European Union’s executive commission said Thursday it will put trade retaliation measures on hold for 90 days to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution.
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US stocks dive as euphoria on Wall Street reverts to fear about US-China trade warApr 10, 2025 7:52 am - U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump's trade war continues to threaten the economy. The S&P 500 fell 3.5% Thursday. The Dow Jones Industrial Average dropped 2.5%, and the Nasdaq composite sank 4.3%. China announced more countermeasures against the United States, and losses for stocks accelerated after the White House clarified that it will tax Chinese imports at 145%, not the 125% rate Trump had earlier written about. The swings also hit the bond market despite a better-than-expected report on inflation.
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Billionaires, trusted allies, media personalities. These are the people Trump picked for top rolesApr 10, 2025 7:48 am - President Donald Trump prioritized loyalty as he built out a team for his second term, surrounding himself with people who served faithfully in his first administration or who worked on one or more of his three campaigns.
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Judges to bar US from using Alien Enemies Act to deport some Venezuelans held in Texas and New YorkApr 09, 2025 2:42 pm - Judges in Texas and New York on Wednesday said they would temporarily bar the U.S. government from deporting Venezuelans jailed in parts of those two states while their lawyers challenge the Trump administration’s use of a rarely-invoked law letting presidents imprison and deport noncitizens in times of war.
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Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese importsApr 09, 2025 12:38 pm - Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
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Trump administration halts $790 million in federal funding for Northwestern, $1 billion for CornellApr 09, 2025 8:15 am - More than $1 billion in federal funding for Cornell University and around $790 million for Northwestern University has been frozen while the government investigates alleged civil rights violations at the schools, the White House said.
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Supreme Court blocks order requiring Trump administration to reinstate thousands of federal workersApr 08, 2025 11:23 am - The Supreme Court on Tuesday blocked an order for the Trump administration to return to work thousands of federal employees who were let go in mass firings aimed at dramatically downsizing the federal government.