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
President Donald Trump on Wednesday ripped Speaker of the House Paul Ryan, R-Wis., a day after Ryan said the president could not eliminate birthright citizenship with an executive order. The comments come just six days before the midterm elections.
"Paul Ryan should be focusing on holding the Majority rather than giving his opinions on Birthright Citizenship, something he knows nothing about!" the president said. "Our new Republican Majority will work on this, Closing the Immigration Loopholes and Securing our Border!"
Ryan, a prolific party fundraiser, is retiring and not seeking re-election.
On Tuesday, the president said that he was preparing an executive order that would eliminate birthright citizenship for children of noncitizens and undocumented immigrants. The comments, which represent a legal view at odds with mainstream scholars, drew rebukes from the right and left. Earlier Wednesday, the president said the matter would be settled by the U.S. Supreme Court.
"You cannot end birthright citizenship with an executive order, " Ryan said in an interview with a Kentucky radio station Tuesday. "We didn't like it when Obama tried changing immigration laws via executive action, and obviously as conservatives, we believe in the Constitution."
Ryan, who has raised north of $70 million for Republican candidates this cycle, made the comments while campaigning for Rep. Andy Barr, R-Ky., who is facing a tough re-election challenge from Democrat Amy McGrath.
The president's comments come as the GOP faces down long odds of retaining its majority in the House of Representatives. Democrats need to net 23 Republican-held seats in order to flip the chamber. It's a prospect that pollsters say is likely to happen.
"What now I'm saying is, we will win. We will win," Pelosi said Tuesday night in an appearance on the CBS program "The Late Show with Stephen Colbert."
The president has, at different times, claimed varying levels of responsibility for how his party will do in the first midterms of his presidency.
At campaign rallies, he has told supporters that voting for Republicans on Tuesday means "you're voting for me. " In an interview with The Associated Press earlier this month, however, the president said he would not be responsible for a GOP defeat.
In that interview he emphasized the importance of the Republican majority to his legislative successes.
"I like the Republicans that support me in Congress," the president said. "We've had tremendous support. I mean, we've got the taxes with 100 percent Republican votes and we don't really have much of a majority."
"People have no idea," Trump said, about how well he got along with Republicans in Congress.