124 articles
Inflation has surged to 3.3%, driven by a combination of energy shocks and self-inflicted tariffs. The Federal Reserve's tools are largely ineffective against this supply-driven crisis, leading to a potential for prolonged economic pain and a political opportunity to rethink economic policy.
Critics argue that Donald Trump's economic policies, including permanent tax cuts for corporations and the wealthy, have worsened inflation and increased costs for average Americans. Tariffs and a jobless economy over the last 15 months are cited as key issues, with a proposal emerging to suspend the federal fuel tax to provide relief.
President Trump has warned China against supplying weapons to Iran, threatening a "staggering" 50% tariff if they do. U.S. intelligence reports suggest China may be preparing to send air defense systems, including missiles, to Iran. This development significantly heightens tensions ahead of a crucial summit between President Trump and Chinese President Xi Jinping.
Former President Donald Trump has issued a stark warning to China, threatening a 50% tariff if Beijing supplies military equipment to Iran. The interview also highlighted U.S. energy dominance and criticized NATO allies for their perceived lack of support.
President Trump has threatened China with 50% tariffs if it supplies weapons to Iran, citing U.S. intelligence reports of impending air defense system shipments. This move could severely impact U.S.-China relations, especially with a high-level meeting scheduled for May. The situation underscores China's complex role in balancing regional stability with its economic interests.
President Trump is threatening China with a 50% tariff on all goods if Beijing provides military assistance to Iran. U.S. intelligence reports allege China is sending shoulder-fired missiles to Tehran. This move escalates U.S.-China tensions and has significant global economic and security implications.
Former President Donald Trump is threatening China with a 50% tariff if it aids Iran militarily. Meanwhile, Hungary's Prime Minister Viktor Orban has conceded election defeat after 16 years in power, with opposition leader Péter Magyar set for a landslide victory.
High energy prices are a major concern for the U.S. economy, potentially derailing the current administration's agenda despite positive GDP growth and rising wages. While tax cuts and deregulation provide support, global conflicts and their impact on oil markets create significant uncertainty for businesses and consumers.
Small businesses continue to face rising costs due to tariffs, despite a Supreme Court ruling meant to halt them. Owner Nneka Christiane details how these tariffs increase her business expenses and create supply chain issues. The lack of recourse for compensation leaves many entrepreneurs struggling.
Twenty-four states and two small businesses are challenging President Trump's global tariffs, arguing he lacks the authority under Section 122 of the Trade Act of 1974. This legal battle follows a Supreme Court ruling that limited similar emergency tariff powers.
