The latest tariffs President Donald Trump plans to impose on Chinese goods would cost US households an average of $200 a year, some economists estimate, and would start to bite consumers and retailers just as the holiday shopping season begins.
President Donald Trump’s next trade battle could involve the US slapping steep tariffs on auto imports from Europe — but that wouldn’t really be the White House’s ultimate goal, one expert said on Wednesday.
The US president’s announcement that Saudi Arabia has agreed to his request for a rise in the oil output is tantamount to an American order for the kingdom to bow out of the Organization of the Petroleum Exporting Countries, Iran’s OPEC envoy said.
The chief of the United States’ Homeland Security Department was reportedly on the verge of resigning from her sensitive post shortly after she was berated by President Donald Trump at a full cabinet meeting.
US President Donald Trump’s visit to Saudi Arabia during his first official overseas trip this week was essentially a declaration of war against Iran and Shia Muslims and signaled an alliance with Wahhabi regimes, an investigative journalist in Washington says.
A US military strike group that American officials said had been dispatched to the Korean Peninsula in a “show of force” against North Korea was in fact heading in the opposite direction at the time, highlighting the dysfunction that has come to symbolize the administration of US President Donald Trump.