American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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
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
"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
Republicans are clamoring for the public release of a memo detailing alleged abuses of the Foreign Intelligence Surveillance Act (FISA) related to the special counsel's investigation of potential Russian influence in the 2016 presidential election.
"The House must immediately make public the memo prepared by the Intelligence Committee regarding the FBI and the Department of Justice," Rep. Matt Gaetz, R-Fla., said. "The facts contained in this memo are jaw-dropping and demand full transparency."
The rallying cry to "release the memo" has exploded both online and in Congress. The hashtag #releasethememo went viral on Twitter and other social media sites on Thursday, and Republican members of Congress issued statements of alarm about its contents.
"I am shocked to read exactly what has taken place. I would think that it would never happen in a country that loves democracy and freedom," Rep. Mark Meadows, R-N.C., said Thursday on the House floor. "It is time that we become transparent in all of this."
While still classified to the public, the four-page memo has become an instant fixation online — thanks in part to Russian propaganda accounts, according to a website claiming to track Russian influence in real time.
The website Hamilton 68, named after one of the Federalist papers authored by founding father Alexander Hamilton, claims to track 600 Twitter accounts "linked to Russian influence operations."
The site's analytics show activity for #releasethememo increased in frequency among the tracked accounts by 265,100 percent in the last 48 hours.
The push from some Republicans follows the release of intelligence-gathering firm Fusion GPS co-founder Glenn Simpson's testimony before the House Intelligence Committee. The prior week, Simpson's testimony before the Senate Judiciary Committee was released by Democratic Sen. Dianne Feinstein of California.
The memo was disclosed for House members following a party-line vote by the House Intelligence Committee. It is currently only available to House members in a classified briefing room called a Sensitive Compartmented Information Facility.
President Donald Trump on Friday signed a reauthorization of FISA, assuring Americans in a tweet that this version of the bill was "NOT the same FISA law that was so wrongly abused during the election."
Democrat Adam Schiff of California, a ranking member of the House Intelligence Committee, called the memo a "profoundly misleading set of talking points drafted by Republican staff attacking the FBI and its handling of the investigation. "