White House Press Secretary Karoline Leavitt confirmed the news at a briefing Friday. She said Trump will impose a 25% tariff on Canadian and Mexican imports starting Feb. 1, and a 10% tariff on Chinese imports starting the same day.
US President Donald Trump will impose tariffs on Saturday of 25% on Mexico, 25% on Canada and 10% on China on 1 February, says the White House. But Trump said on Friday that Canadian oil would be hit with lower tariffs of 10%, which could take effect later, on 18 February.
A leaked Elliott Management letter to investors reveals the hedge fund’s managers fear Trump is stoking a unprecedented bitcoin price bubble that’s headed for “inevitable
As Trump 2.0 kicked off last week, government and business leaders at the World Economic Forum's (WEF) 55th Annual Meeting in Davos discussed global risks that will shape the coming year.
Trump Media, the company that runs Donald Trump's social media platform Truth Social, is expanding into financial services that include fintech and crypto. On Wednesday, the publicly traded company announced Truth.
President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want — and bring those nations to the negotiating table.
The cannabis industry and its financial partners see potential gains under Trump, either in the form of direct changes in policy, economic incentives or the nascent effort to curb debanking.
It all began around 10 years ago during the Obama administration, with the former president, famous for bringing progressive hope and change. He began the crackdown on banks over whom they did business with, nominally looking to debank money launderers but also focusing on politically incorrect industries like gun manufacturers.
U.S. equity funds attracted inflows for the first time in four weeks in the week through Jan. 29, spurred by hopes of interest rate cuts following comments from President Donald Trump, and a rebound in tech shares following Monday's losses.
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.
The United States needs to stay in the fight against al-Shabab to secure global trade.
Come make your product in America, and we will give you among the lowest taxes of any nation on Earth," said President Trump.