Calvin Woodward | Associated Press Washington – A gobsmacked planet is wondering what’s next from President Donald Trump on the tariff spree he’s set in zigzag motion. In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the
President Trump establishes Bitcoin Reserve — here’s what it means President Trump signed an executive order establishing a reserve of bitcoin the government already owns. President Donald Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, continuing his administration’s embrace of the cryptocurrency industry. The announcement came on the
David Shepardson | Reuters Trump grants one-month tariff exemption for major automakers President Donald Trump granted a one-month tariff exemption to any autos coming from Mexico and Canada for Ford, General Motors, and Stellantis. President Donald Trump met General Motors GM.N CEO Mary Barra on Wednesday to discuss the automaker’s investment plans amid his tariff war, a White House
President Donald Trump’s efforts to curb federal spending have hit the Department of Agriculture, which has cut over $1 billion in funding aimed at helping schools and food banks purchase from local farmers. States recently learned about the cuts, which will cut funding for the Local Food for Schools Cooperative Agreement Program (LFS) and the
Suzanne McGee, Carolina Mandl and Ankur Banerjee | Reuters Trump wants to kill $52 billion semiconductor subsidy law Trump says lawmakers should cancel the $52.7 billion CHIPS Act to in Washington, D.C. “Taiwan Semiconductor, the biggest in the world, most powerful in the world, has a tremendous amount, 97% of the market, announced a $165