Author: Josh Boak
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What happens next after the Supreme Court slapped down Trump’s tariffs
WASHINGTON (AP) — There’s little that Donald Trump has cherished more in his second term than tariffs, a symbol of his imperious approach to the presidency. He has raised and lowered them at will, rewriting the rules of global commerce and daring anyone to stop him. Now that may be over, the victim of a…
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Trump says keeping home prices high protects homeowners, but voters are worried about affordability
WASHINGTON (AP) — President Donald Trump wants to keep home prices high, bypassing calls to ramp up construction so people can afford what has been a ticket to the middle class. Trump has instead argued for protecting existing owners who have watched the values of their homes climb. It’s a position that flies in the…
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Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
WASHINGTON (AP) — President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil. The move comes after months of Trump pressing India to cut its reliance on cheap Russian crude. India has taken advantage…
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Trump promises oil executives ‘total safety’ if they invest in Venezuela after Maduro ouster
WASHINGTON (AP) — President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country’s ability to fully tap into its expansive reserves of petroleum. Since the U.S. military raid to capture former Venezuelan leader Nicolás Maduro…
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Trump says he’s fixing affordability problems. He’ll test out that message at a rally
WASHINGTON (AP) — President Donald Trump will road-test his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania — shifting an argument made in Oval Office appearances and social media posts to a campaign-style event. The trip comes as polling consistently shows that public trust in Trump’s economic leadership…
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Trump ramps up new effort to convince skeptical public he can fix affordability worries
WASHINGTON (AP) — President Donald Trump is adjusting his messaging strategy to win over voters who are worried about the cost of living with plans to emphasize new tax breaks and show progress on fighting inflation. The messaging is centered around affordability, and the push comes after inflation emerged as a major vulnerability for Trump…
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Trump cuts tariffs on China after meeting Xi in South Korea
ABOARD AIR FORCE ONE (AP) — President Donald Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans. The president told reporters aboard Air Force One…
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US will share tech to let South Korea build a nuclear-powered submarine, Trump says
GYEONGJU, South Korea (AP) — The United States will share closely held technology to allow South Korea to build a nuclear-powered submarine, President Donald Trump said on social media Thursday after meeting with the country’s president. President Lee Jae Myung stressed to Trump in their Wednesday meeting that the goal was to modernize the alliance…
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Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits
President Joe Biden is going into his third State of the Union address with an expanded plan to raise corporate taxes
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Biden administration would cap credit card late fees at $8, part of campaign against junk fees
President Joe Biden is highlighting a proposal to cap all credit card late fees