The White House wants to make one thing clear: The Trump administration is not backing down on implementing reciprocal tariffs April 9. In morning trading Monday, markets whipsawed after confusion emerged over whether or not President Trump was considering a 90-day pause on his tariff rollout. SNP – Free Realtime Quote • USD As of…
Top White House trade adviser Peter Navarro claimed on Sunday that billionaire Elon Musk is “simply protecting his own interests” after the Tesla CEO spoke about the administration’s sweeping new tariff policies. Newsweek reached out to Navarro’s office and Musk via email on Sunday for comment. Why It Matters Musk saw around $11 billion shaved…
FORT LAUDERDALE, Fla. (AP) — Top administration officials said Sunday that more than 50 countries targeted by President Donald Trump’s new tariffs have reached out to begin negotiations over the sweeping import taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. The higher rates are set…
Topline Trump trade adviser Peter Navarro denied Sunday he’s feuding with billionaire Elon Musk over President Donald Trump’s sweeping tariffs, after the billionaire attacked Navarro on X for defending them, as Musk—normally Trump’s top public cheerleader—has stayed notably silent on Trump’s trade agenda and its debilitating impact on the stock market. Elon Musk looks on…
WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike. The new tariffs — coming on what Trump has called “Liberation Day” — is a bid to boost U.S. manufacturing and punish other countries…
The United States and Canada have been allies, but the long friendship is seeing a rough patch after Donald Trump returned to the White House. At first, the US president spoke of annexing the neighbouring country as the 51st state. Then, he announced 25 per cent tariffs on imports from the country. And now, it…
By Gram Slattery WASHINGTON (Reuters) – A top trade adviser to President-elect Donald Trump told Reuters on Thursday that the new administration would not look “fondly” on any attempt by China to manipulate its currency, responding to a Reuters report that authorities there were considering allowing the yuan to weaken next year. Peter Navarro, Trump’s…