As markets sold off late Wednesday, President Trump touted the domestic investments from Big Tech as companies like Apple (AAPL), Nvidia (NVDA), and others pledge billions to expand their respective footprints in the United States. “Apple is going to spend $500 billion. They never spent money like that here,” Trump said, referencing the company’s plans
MAGA fan and musician Kid Rock sent tongues wagging as he visited Donald Trump in Washington, DC on Monday but it turns out he lives in his own replica version of the White House. The 54-year-old Bawitdaba hitmaker lives atop the hills outside of Nashville, Tennessee in a mini version of the official residence and workplace
Victoria Waldersee | Reuters Trump announces 25% tariffs on imported cars President Donald Trump announced a 25% tariff on imported vehicles and auto parts, effective April 3, aiming to boost domestic manufacturing. Cheddar Mercedes-Benz MBGn.DE is building up inventory levels in the U.S. at the wholesale level and at dealer lots to get ahead of tariffs due
CNBC’s Jim Cramer had some stern words for the president this week, after the latter sent the stock market into a tariff-spurred tailspin. The host of Mad Money said on the air Monday Donald Trump is the ‘one man standing in the way of a great economy’, eventually comparing him to the late Democratic President
The pound was little changed against the dollar in early European trading on Tuesday, changing hands at $1.2920, as investors braced for US president Donald Trump to unveil reciprocal tariffs on 2 April. Trump is set to announce sweeping country-based duties on Wednesday, which he has dubbed “Liberation Day”. Trump’s varying comments on the nature
Anjana Anil and Anushree Mukherjee | Reuters White House downplays recession fears amid stock market concerns A new poll found that 70% of Americans, including a majority of Republicans, think President Trump’s trade policies will push prices higher. Scripps News Gold prices soared to record levels above $3,100 per ounce in a rally marking one
Dave Campbell | Associated Press Minneapolis — Calls from the United States to Roustan Hockey headquarters in Canada in recent weeks have been anything but routine, as bulk orders of name-brand sticks have suddenly become complicated conversations. “These customers want to know: When their orders ship, will they have to pay an additional 25% tariff?
World share markets were in a tailspin on Monday after Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to recession. Trump’s comments to reporters on Air Force One yesterday seemed to dash hopes the levies would be more limited. The U.S. President is due to receive
Donald Trump is considering an extraordinary 20 percent global tariff on all imports, sparking fears of recession and a market bloodbath around the world. Asia-Pacific markets plunged on Monday, with others expected to follow ahead of Trump’s ‘Liberation Day’ on April 2. He spent his election campaign and his first three months in the White House touting
More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again