By Reuters Published April 17, 2025 The ripple effects of Donald Trump’s global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies. President Donald Trump – White House Stocks…
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
After a Honduran immigrant arrived in the United States in 2022, officials ordered him to use a government-issued app as part of an immigration surveillance program. At least once a week, the immigrant, a former police officer in Honduras who was living in Louisiana, would take a selfie through the facial-recognition powered app to confirm…
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims that the social media giant snuffed out nascent competitors when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force…
President Trump’s 25 percent tariffs on imported vehicles, which went into effect last week, are already sending tremors through the auto industry, prompting companies to stop shipping cars to the United States, shut down factories in Canada and Mexico and lay off workers in Michigan and other states. Jaguar Land Rover, based in Britain, said…
Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors, and officials in Washington had coalesced around a new ownership structure for the popular video app, four people familiar with the situation said. That structure, the people said, would help TikTok…
By Reuters Published April 3, 2025 Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced access to the world’s largest market after U.S. President Donald Trump confirmed their worst fears by instituting broad tariffs worldwide. Reuters Trump ramped up his trade war with tariff rates from…
Taiwan, the center of the global supply chain for computer chips, woke up on Thursday to the news that President Trump had put new 32 percent tariffs on the island’s exports to the United States. Except for semiconductors. The decision not to impose tariffs on the chip sector does not mean they won’t be coming…
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned. Service sectors — which include the finance, travel, engineering and medical industries and more…
When President Trump first pushed tariffs on China in 2018, Apple began moving more production of iPads and AirPods to Vietnam and iPhones to India. But with Mr. Trump’s return to the White House, that strategy may have backfired for the world’s most valuable publicly traded company. On Wednesday, Mr. Trump said that the United…