Aggressive tariffs that President Donald Trump announced Wednesday will begin a “re-ordering” of global trade that will force other nations to open their doors to more American goods, Commerce Secretary Howard Lutnick said Thursday. Under an executive order the president signed, the U.S. will retaliate against duties imposed on American goods elsewhere. Lutnick, in a…
New York City Mayor Eric Adams holds a press briefing after former Governor Andrew Cuomo enters the mayoral race on March 03, 2025 in New York United States. Selcuk Acar | Anadolu | Getty Images Fresh off the dissolution of his criminal corruption case, New York City Mayor Eric Adams says he’s back to focusing…
BERLIN, GERMANY – FEBRUARY 24: Robert Habeck, chancellor candidate of the German Greens Party, speaks to the media the day after German parliamentary elections on February 24, 2025 in Berlin, Germany. The Greens came in fourth place with 11.6% of the vote, down 2.9% from the previous election. (Photo by Sean Gallup/Getty Images) Sean Gallup…
The AppLovin logo arranged on a laptop in New York on Feb. 26, 2025. Gabby Jones | Bloomberg | Getty Images AppLovin is one of the companies in negotiations to potentially acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday. The Trump administration, which has been trying to shepherd a deal…
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters President Donald Trump told Cabinet members last week that billionaire Elon Musk will leave his administration role in the coming months, NBC News reported Wednesday. A…
BEIJING, CHINA – NOVEMBER 05: A view of China’s Ministry of Commerce (MOFCOM) on November 5, 2024 in Beijing, China. Visual China Group | Getty Images China’s Ministry of Commerce said Thursday it would take “resolute counter-measures” against the sweeping U.S. tariffs announced by U.S. President Donald Trump and urged Washington to “immediately cancel” its…
As President Donald Trump announced wide-ranging “reciprocal tariffs” on more than 180 countries and territories, CNBC’s Jim Cramer said on Wednesday that the president cares more about punishing America’s trading partners than appeasing investors. By including U.S. allies in the tariff hit, Trump shows his willingness to “disrupt everything” in order to teach other countries…
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in…
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Julia Demaree Nikhinson | Getty Images Amazon…
Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025. Mike Blake | Reuters The Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of…
