3 h. ago Trump and US commerce secretary say tariffs are delayed until 1 August, sparking confusion

President says team will start sending trade partners letters with new tariff rates ahead of this week’s original 90-day deadline to make dealDonald Trump has said that his administration plans to start sending letters on Monday to US trade partners dictating new tariffs, amid confusion over when the new rates will come into effect.“It could be 12, maybe 15 [letters],” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.” Continue reading...

Politics

6 h. ago Trump and US commerce secretary say tariffs are delayed until 1 August

President says team will start reaching out to trade partners with new tariff rates as 90-day pause ends this weekDonald Trump said on Sunday that his administration plans to start sending letters on Monday to US trade partners, dictating new tariff rates to be imposed on goods they sell to Americans. “It could be 12, maybe 15,” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.”With his previously announced 90-day pause on tariffs set to end on 9 July, the president was asked if the new rates would go into effect this week, or on 1 August, as some officials had suggested. Continue reading...

Politics

11 h. ago Scott Bessent spars with CNN host over whether Trump’s tariffs count as trade deals

Treasury secretary tweaks Elon Musk’s unpopularity while defending Trump’s tariff strategy ahead of looming deadline

Economics

9 d. ago Key inflation gauge rose last month while Americans cut back on spending

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending

Economics

1 week ago U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate

Politics

2 w. ago US retail sales fall and Americans turn cautious after spending early this year to beat tariffs

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports

Economics

3 w. ago Trump’s FAA pick has long claimed he has a commercial pilot’s license. Reports show he does not

Bryan Bedford previously claimed to have a commercial pilot’s license, but only has a private pilot license, according to FAA records.

Politics

3 w. ago Chemtrails: why is RFK Jr battling a debunked conspiracy theory?

The US health secretary is among those who believe nefarious substances are covertly added to commercial jet fuelThe Trump administration appears sceptical about the climate crisis but is deeply concerned about another weather phenomenon: chemtrails.To conspiracists, chemtrails are visible trails left by commercial airliners, lasting longer than the usual condensation trails from jets and containing unknown, sinister chemicals. Continue reading...

Events

3 w. ago US says it struck framework deal with China to restore trade war truce

Commerce secretary Howard Lutnick says he will present plan to Donald Trump

Economics