Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Bank of England Governor Mark Carney says trade war has a confidence effect on business around the worldMarketsread more
Donald Trump Jr. said Monday that he is "happy" to talk to the Senate Intelligence Committee about his meeting last year with a Russian lawyer who offered dirt on presidential candidate Hillary Clinton.
On Monday, intelligence committee member Sen. Susan Collins, R-Maine, called on the panel to interview Trump and "others who attended" the June 2016 meeting, according to Politico. That included President Donald Trump's son-in-law and advisor Jared Kushner and his then-campaign manager, Paul Manafort, both of whom the younger Trump invited to the meeting.
Sen. Mark Warner, D-Va., the intelligence committee's vice chairman, said later Monday that he "absolutely" wants to meet with Trump about the meeting. It shows a "constant pattern of convenient forgetfulness" on the part of Trump campaign associates and meetings with Russia, he added.
The Senate panel, other congressional committees and a Department of Justice-appointed special counsel are investigating Russian attempts to influence the 2016 election and whether the Trump campaign and the Kremlin coordinated. The persisting probes have frustrated President Trump since he took office; he denies collusion with Russia.
The top Democrat on the House Intelligence Committee, Rep. Adam Schiff of California, also expressed interest in interviewing Trump Jr. about the meeting.
The New York Times, which first reported the meeting, described the lawyer, Natalia Veselnitskaya, as "Kremlin-connected." Trump said he did not know her name when he took the meeting. If he knew her links to the Kremlin, that would give a clearer signal that the Trump campaign was "willing to accept help from the Russians," according to Jeffrey Cramer, a former assistant U.S. attorney for the Northern District of Illinois and managing director at Berkeley Research Group.
The president's legal team has said Trump did not attend the meeting and did not have knowledge of it. Trump Jr. also said Kushner and Manafort knew "nothing of the substance" about the meeting.
On Monday, the White House defended Trump Jr.'s actions. Principal deputy press secretary Sarah Huckabee Sanders contended that he did nothing inappropriate, saying that he "took a very short meeting from which there was absolutely no follow-up."