Kevin Warsh, former governor of the US Federal Reserve, during The Semafor World Economy Summit in Washington, DC, US, on Thursday, April 18, 2024. Samuel Corum | Bloomberg | Getty Images President Donald Trump has spoken with former Federal Reserve Governor Kevin Warsh about possibly replacing the current central bank chairman, Jerome Powell, before his…
U.S. President Donald Trump Nathan Howard | Reuters President Donald Trump and his top trade officials on Sunday added to the confusion over his administration’s tariff plans, including newly announced exemptions for reciprocal tariffs on electronic products such as phones, computers and semiconductors. Trump and his aides suggested the exemptions — which erased added tariffs…
China’s Commerce Ministry called the U.S. tariff exemptions a “small step” and urged U.S. President Donald Trump to “completely abolish” the reciprocal tariffs, which include a 145% duty on imports from China. “We urge the U.S. to heed the rational voices of the international community and domestic parties, take a big stride in correcting its…
One hallmark of Elon Musk’s 12 weeks in government has been his focus on Social Security. He has sent one of his closest advisers to work at the Social Security Administration. He has falsely insisted that the program is rife with fraud. And he has depicted the entitlement as a tool — a “giant magnet,”…
South Korea said on Tuesday that it would hold a snap election on June 3 to choose the successor to former President Yoon Suk Yeol, who was removed last week for his attempt to impose martial law. The country’s Constitutional Court formally dismissed Mr. Yoon on Friday when its eight justices unanimously endorsed his impeachment…
Carrying his 6-year-old daughter on his shoulders, Pierre Poilievre, the Conservative Party leader running to lead Canada, was wading through a crowd of well-wishers in his electoral district in Ottawa. “Hey, there he is, Mr. Alexander!” he said, gripping the hand of Mark Alexander, whose dairy farm the politician had visited 21 years ago on…
Though Canada’s election began in earnest only late last month, public opinion polls have captured a gripping political narrative that has been unfolding since the start of the year. Between President Trump’s trade war, his threats of annexation and the resignation of Canada’s last prime minister, a lot happened in the run-up to this race…
Democratic officials in 19 states, including Michigan, filed a lawsuit against President Trump’s attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states’ clear authority to run their own elections. Thursday’s lawsuit is the fourth against the executive order issued just a week ago. It seeks to block key aspects of…
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United…
WASHINGTON (AP) — Opponents of President Donald Trump and billionaire Elon Musk plan to rally across the U.S. on Saturday to protest the administration’s actions on government downsizing, the economy, human rights and other issues. More than 1,200 “Hands Off!” demonstrations have been planned by more than 150 groups, including civil rights organizations, labor unions,…