
Articles
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2 weeks ago |
scrippsnews.com | Kellan Howell
President Donald Trump vowed this week to "make America wealthy again" with a wave of new tariffs, declaring a national emergency over the country's trade deficits. "This will be indeed the golden age of America. It's coming back. We're going to come back very strongly," Trump said during the "Liberation Day" event in the Rose Garden on Wednesday. The president rolled out a blanket 10% tariff on most foreign countries, with higher reciprocal tariffs for certain nations.
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3 weeks ago |
scrippsnews.com | Kellan Howell
President Donald Trump painted a rosy picture of the economy on Tuesday, declaring, "We're on the right track." However, the latest consumer confidence report shows that Americans disagree. According to Tuesday's report, consumer confidence fell to its lowest level since January 2021. The proportion of Americans anticipating a recession also remained at a 9-month high.
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1 month ago |
scrippsnews.com | Kellan Howell
The White House says it is "closer than ever" to reaching a peace deal with Ukraine and Russia after President Trump held back-to-back calls with the countries' presidents this week. But the leaders' interpretations of the phone calls vary greatly. President Trump spoke with Russia's President Vladimir Putin for more than two hours over the phone on Tuesday.
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1 month ago |
scrippsnews.com | Kellan Howell
President Trump marked his 50th day in office this week, but the U.S. stock market also saw its weakest 50 days of a presidency since President Barack Obama’s first term in 2009 — during the height of the financial crisis. The U.S. stock market lost $5 trillion in value over the past three weeks, prompting the White House to urge calm as the falling stocks have some Americans worried about their retirement.
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1 month ago |
scrippsnews.com | Kellan Howell
President Trump on Thursday signed an executive order pausing tariffs on some goods from Canada and Mexico for another month. It was the latest maneuver in a weeks-long back-and-forth between the U.S. and its neighbors over trade policy that rocked global markets. The president on Thursday said the market impact was not a factor in his decision. "I'm not even looking at the market because long term the United States will be very strong," President Trump said.
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