Global markets tumble after tariffs news Global stock markets tumble after Trump’s tariffs news 05:19 President Trump on Wednesday, announced so-called reciprocal tariffs on imports from about 90 nations, in addition to a 10% across-the-board tax applied to all imports to the U.S. Describing the announcement as “Liberation Day,” the president said the new taxes
In a move that could upend American foreign relations across the globe, President Trump announced Wednesday that he is imposing what he calls “reciprocal tariffs” on virtually every nation the U.S. engages with in trade. From April 5, all imports to the U.S. will be subject to a baseline tariff of 10%. Then, beginning April
A federal judge in Boston is holding a hearing Thursday regarding a Tufts University Ph.D. student taken into custody in Massachusetts and moved by Immigration and Customs Enforcement authorities to Louisiana last week. The government claimed in a filing Tuesday that Rumeysa Ozturk, a Turkish doctoral student and Fulbright Scholar, had already been removed from
In a move that could upend American foreign relations across the globe, President Trump announced Wednesday that he is instituting what he described as “reciprocal tariffs” on dozens of U.S. trading partners. Beginning April 5, all imports to the U.S. will be subject to a baseline tariff of 10%. Then, starting April 9, about 90
Senior Food and Drug Administration leaders are planning for cutbacks to the number of routine food and drug inspections conducted by the agency, multiple officials say, due to steep layoffs this week in support staff. Around 170 workers were cut from the FDA’s Office of Inspections and Investigations, according to two federal health officials who
Several European leaders reacted negatively to President Trump’s tariff announcement. Italian Prime Minister Giorgia Meloni wrote on social media that she felt the tariffs were misguided and would not help either the U.S. or Italy. “We will do everything we can to work towards an agreement with the United States, with the aim of avoiding
Washington — The Senate approved a measure Wednesday aimed at blocking the Canada tariffs, as a handful of Republicans bucked President Trump. In a 51 to 48 vote, four Republicans joined all Democrats in favor of the measure. But the House is unlikely to take up the resolution, making the vote largely a symbolic