WASHINGTON—Just 72 days after taking office, President Donald Trump announced on April 2 sweeping trade policy changes, introducing what he called “reciprocal tariffs” for all countries and declaring it “Liberation Day in America.” For decades, the United States has kept low trade barriers, promoting free trade agreements with minimal or zero tariffs—at least on its
WASHINGTON—Just 72 days after taking office, President Donald Trump announced on April 2 sweeping trade policy changes, introducing what he called “reciprocal tariffs” for all countries and declaring it “Liberation Day in America.” For decades, the United States has kept low trade barriers, promoting free trade agreements with minimal or zero tariffs—at least on its
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
Despite passing in the upper chamber, the bill will not make its way to the House. 4 Republican senators voted with Democrats to pass the resolution. Senate efforts to overturn President Donald Trump’s tariffs on Canadian goods entering the United States succeeded in a symbolic move. S.J. Res. 37, legislation introduced by Sen. Tim Kaine
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
Xavier Becerra joins a growing field of top-tier candidates vying to replace Gov. Gavin Newsom. President Joe Biden’s former health secretary, Xavier Becerra, wants to be California’s next governor, he announced April 2. “I watched my parents, a construction worker and a clerical worker, achieve the California dream,” Becerra said in a social media video