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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US 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
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
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia 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
"We'll see what happens," he told reporters ahead of a speech to FBI's National Academy. "Let's see, I can say this: When you look at what's gone on with the FBI and the Justice Department, people are very, very angry."
Flynn pleaded guilty on Dec. 1 to lying to FBI agents. He is the first Trump White House official to officially get charged with a crime in special counsel Robert Mueller's Russia probe. Trump campaign chief Paul Manafort is among those also charged.
"For the record there is no consideration at all for a pardon for Michael Flynn at this time," the president's attorney Ty Cobb told NBC News Friday.
Flynn, who is cooperating with investigators looking into ties between Trump's top advisors and the Kremlin, is the closest link to the president to be flipped by law enforcement.
Trump has touted his ability to pardon aides in the past.
"While all agree the U. S. President has the complete power to pardon, why think of that when only crime so far is LEAKS against us," he wrote in a July post.
The Washington Post reported that Trump's lawyers were exploring the limits of the president's pardon authority over the summer. Trump attorney John Dowd called that report "nonsense."