Confusion over President Donald Trump’s tariffs remains following a weekend of questions around trade in consumer electronics. On Friday the Trump administration paused its new taxes on electronics imported into the U.S. — signaling some relief from trade wars that have particularly escalated with China, a major exporter of technology from smartphones to laptops. But…
President Trump on Sunday said there were no exceptions made to his tariff announcements, adding that “nobody” will see an exemption in his widening trade war. The message, posted to Truth Social, came after some electronics were excluded from his administration’s 145% import levies on goods from China. On Friday, a notice published by the U.S. Customs and Border…
Gold surged to a fresh all-time high on Monday, driven by investor anxiety over rapidly shifting US trade policy, before paring back gains, before pulling back slightly. Bullion briefly traded above $3,245 an ounce, surpassing Friday’s previous record. The rally extended a strong run for the precious metal, which rose more than 6% last week,…
Washington, D.C., April 12, 2025 – Michael Kratsios, the newly appointed Director of the White House Office of Science and Technology Policy (OSTP), is at the forefront of shaping America’s technological future as tensions with China over AI innovation intensify. At 38, Kratsios, a Greek-American with roots in Volissos, Chios, and Kastoria, Greece, is the…
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants – CBS News Watch CBS News President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple and consumers who are concerned…
The Trump administration confirmed to a federal judge that the Maryland man mistakenly deported last month is “alive and secure” but remains confined in a notorious El Salvador prison. The filing by the U.S. State Department, however, did not address the judge’s demands that the administration detail what steps it was taking to return Kilmar…
A look at what happened in the US government this week Updated: 10:03 PM EDT Apr 11, 2025 President Donald Trump rolled back his tariffs against most of the world while increasing them against China, the financial markets had one of the most chaotic and historic weeks in history, more high-profile court cases against the…
Federal prosecutors were directed by U.S. Attorney General Pam Bondi this week to pursue the death penalty against Luigi Mangione, the man accused of murdering United Healthcare CEO Brian Thompson last year in New York City. Mangione allegedly shot Thompson as the executive was headed to a health care conference on Dec. 4, killing the…
Jena, Louisiana — An immigration judge in Louisiana on Friday allowed the Trump administration to move forward with its effort to deport Columbia University activist Mahmoud Khalil, upholding one of the deportation grounds cited by the government. Assistant Chief Immigration Judge Jamee Comans ruled that the administration’s determination that Khalil poses “adverse foreign policy consequences”…
President Donald Trump’s firings at the Department of Health and Human Services included the entire office that sets federal poverty guidelines, which determine whether tens of millions of Americans are eligible for health programs such as Medicaid, food assistance, child care, and other services, former staff said. The small team, with technical data expertise, worked…