Your Pulse On America: Live And Unfiltered
The United States and Britain announced on Thursday that they had reached a deal that would reduce tariffs on some imports, such as steel, cars and ethanol, and deepen the economic relationship between the two countries. There was plenty of mutual congratulating between President Trump in the Oval Office and Keir Starmer, the British prime…
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down. U.S. crude prices slipped below $60 a barrel this week, a threshold below which many companies cannot make…
The British government moved swiftly on Saturday to take control of operations at the country’s last large crude steel producing facility, in what appeared to be a major step toward nationalizing the plant. In an unusual and dramatic move, the government had summoned lawmakers back from vacation on Saturday to approve the government’s emergency legislation….
President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China might soon pay more than twice as much, now that a special exemption for lower value imports is disappearing. And companies involved in international…
European leaders vowed on Tuesday to retaliate after President Trump announced that he would raise tariffs on aluminum and steel to 25 percent, even as they held out hope for a potential deal that could stave off painful effects for a weakened economy. European Union officials have argued that Europe and the United States are…
America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and construction equipment scramble to find U.S. sources of metal inputs, keeping steel…
President Trump is poised to move forward with sweeping tariffs on foreign steel and aluminum on Monday, re-upping a policy from his first term that pleased domestic metal makers, but hurt other American industries and ignited trade wars with allies on multiple fronts. The 25 percent tariffs that the president said he would impose on…
Follow live updates on Trump’s tariffs and executive orders. President Trump’s promise to impose 25 percent tariffs on Monday on all U.S. imports of steel and aluminum would primarily target American allies, but at their heart they strike at his longtime nemesis: China. The top five suppliers of steel to the American market in January…
After the United States blocked Nippon Steel’s bid for U.S. Steel, the Pittsburgh company is facing new pressure from an activist investor who is seeking to oust its leadership and thwart the companies’ efforts to revive the deal. The activist investor, Ancora, said in an open letter to U.S. Steel’s board on Monday that it…
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, accused Mr. Biden and other…