The US Supreme Court has ordered the Trump administration to facilitate the return of a Maryland man, who was mistakenly deported to El Salvador’s notorious mega-jail. The Trump administration had conceded that Kilmar Abrego Garcia was deported by accident, but appealed against a lower court’s order to return him to the US. On Thursday, in…
People walk by the New York Stock Exchange (NYSE) before the Closing Bell and the start of President Donald Trump’s news conference on tariffs on April 2, 2025 in New York City. Spencer Platt | Getty Images U.S. President Donald Trump offered his trading partners — and financial markets — some reprieve on Wednesday as…
President Donald Trump wanted to avoid sending the economy into a depression through his contentious plan for tariffs, according to The Wall Street Journal. Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn’t want a depression, according…
Donald Trump is going to “make America’s showers great again” by easing rules restricting water flow, the White House says. The US president is ordering the energy secretary to rescind a change introduced by Barack Obama that restricted multi-nozzle showers from discharging over 2.5 gallons of water per minute overall. This served “a radical green…
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
Traders work on the floor of the New York Stock Exchange (NYSE) on April 09, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Global bond yields largely reversed course on Thursday as equities rebounded on a historically volatile week for markets driven by U.S. President Donald Trump’s tariff policy….
For days, Donald Trump and his White House team had insisted they were fully committed to their decision to impose sweeping “reciprocal” tariffs on dozens of countries. They even derided a report on Tuesday that said the president was considering a 90-day pause – news that triggered a brief stock market surge. But now that…
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but escalated a spiralling trade war with China. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners came into effect, Trump said he was authorising a universal “lowered reciprocal tariff of 10%”…
US shares have rocketed after US President Donald Trump said he would suspend steep tariffs on goods from most countries, and instead impose a 10% import tax rate. The White House said it was backing off on higher levies for trade partners that had agreed to negotiate, although Trump said he would raise tariffs on…
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump on Wednesday dropped tariffs under his new trade plan to 10% on imports from most countries, as he…
