Trump doubles tariffs on steel, reviving old trade practices
In a bold policy move, President Trump doubled tariffs on steel and aluminum imports, evoking a nostalgic return to classic American trade protectionism. The announcement generated uncertainty on global markets, prompting both eye-rolls and raised eyebrows as critics noted history repeating itself with a side of political grandstanding.
Amid court challenges, the White House asserts confidence in President Donald Trump's tariff strategy, emphasizing the administration's focus on maintaining fair trade practices.
Recently, and almost entirely unnoticed by the mainstream media, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) reopened a door that has been bolted shut since 1930. For the first time in nearly a century, U.S. producers were being asked simple, America First questions:…
Japan, a major U.S. ally, faces a 24% tariff from next month unless it can negotiate a bilateral deal.
On "This Week," White House National Economic Council Director Kevin Hassett said the administration is moving forward on tariffs, despite legal setbacks.
America is so far defying the gloomiest economic forecasts, but tariff threats keep scrambling the good news.Why it matters: Inflation is at a four-year low, consumer sentiment might be on the mend and the stock market has recovered from its post- "Liberation Day" lows — but it's all being…
This week on "Face the Nation with Margaret Brennan," as turmoil continues over tariffs, Margaret Brennan speaks to Treasury Secretary Scott Bessent. Plus, Sen. Rand Paul joins to discuss President Trump's Big Beautiful Bill.
The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on June 1, 2025.
President Trump on Friday announced a doubling of tariffs on foreign imports of steel and aluminum from 25% to 50%, which could threaten to impact the prices of cars, appliances and even construction supplies. Taurean Small has details.
Europe’s Stocks Dominate World Markets as US Trade War Backfires Bloomberg.com
US Job Growth Is Seen Moderating on Shifting Trade Policy Bloomberg
Timeline: What to know about Trump’s global tariff rollout CNN
permalink / 11 stories from sources in 2 days ago #trump #trade #tariffs #a-high-profile-individual
More Top Stories...
Trump Budget Bill Advances Rollback of Obamacare, Sparks Debate
President Trump's domestic policy legislation, dubbed the "big beautiful bill," is advancing efforts to dismantle key elements of the Affordable Care Act. The move has elicited a spectrum of reactions—from sharp criticism by figures like Elon Musk to the launch of a White House savings calculator—fueling a fierce, bipartisan debate on healthcare reform. More...
Lawmakers clash over Trump’s contentious budget amid Musk criticism
High-ranking lawmakers have exchanged sharp barbs over President Trump’s divisive budget bill. A House Budget Chair dismissed Elon Musk’s scathing remarks, while a GOP senator doubted the bill’s feasibility—warning that only a “miracle” could secure its passage. Their differing takes reveal deep fissures in an already turbulent legislative battle. More...
Trump rebukes GOP dissent over budget legislation
In a volley of sharp social media barbs, President Trump lashed out at Senator Rand Paul and other dissenting voices within his own party, decrying their opposition to his bold budget bill. His pointed remarks add fuel to an already smoldering partisan fire over fiscal priorities. More...
Trump lashes out at Rand Paul over 'big beautiful bill'
President Trump, in a notably theatrical fashion, blasted Sen. Rand Paul for opposing his massive domestic spending package—dubbed the “big beautiful bill”—highlighting an ever-deepening rift within the GOP. The remarks have added a new chapter to the administration’s penchant for targeting dissenters. More...
Elon Musk slams Trump’s megabill as ‘disgusting abomination’
Elon Musk unleashed a blistering critique of President Trump’s sweeping spending package, denouncing it as a “disgusting abomination.” His remarks have ignited a political firestorm, with lawmakers divided as defenders of the bill clash with critics over fiscal priorities and government spending. More...
Related Tags
Trump
Trump set to speak with Chinese President this week (0 hours ago)
Lawmakers clash over Trump’s contentious budget amid Musk criticism (1 hour ago)
Trump hosts massive White House lawn event for thousands of officials (1 hour ago)
Trade
Trump-Xi call anticipated amid heightened trade tensions (33 hours ago)
US‑China Trade Tensions Escalate Amid Tariff and Truce Disputes (35 hours ago)
Trump Steel Tariff Hike Drives Metal Market Surge (36 hours ago)
Tariffs
Trump Tariff Policy Sparks Slowing Economy and Confused Justifications (18 hours ago)
US‑China Trade Tensions Escalate Amid Tariff and Truce Disputes (35 hours ago)
Trump Steel Tariff Hike Drives Metal Market Surge (36 hours ago)
a high-profile individual
Navy to rename ship honoring civil rights leader Harvey Milk (0 hours ago)
Trump set to speak with Chinese President this week (0 hours ago)
Trump hosts massive White House lawn event for thousands of officials (1 hour ago)
more #a-high-profile-individual