Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
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Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
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Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
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Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
President Donald Trump told reporters on Air Force One Friday that he was "ready to go" on tariffs for another $267 billion in Chinese goods "if he wants," which would come on top of the $200 billion in goods already targeted, according to Bloomberg and Reuters.
Already the administration was set to announce it would impose the tariffs on the $200 billion in goods, after threatening them in an ongoing and escalating dispute with China. A public comment period on this set of tariffs expired Thursday in the U.S. China's commerce ministry has said the country would retaliate if the U.S. imposes new tariffs.
The world's two largest economies have to $50 billion of each other's goods. Talks aimed at easing tensions ended last month without major breakthroughs, and appears emboldened by a sell-off in Chinese markets and a weakening economy.
Trump said Wednesday he was not prepared to make a deal with "that they'd like to make." Still, he added, his administration will "continue to talk to China."
Trump's remarks to reporters on Friday sparked a 100-point drop in the Dow Jones Industrial Average around 12 p.m. ET, with the apparent escalation in the trade tensions with China.
Huileng Tan contributed reporting.