64 h. ago Trump and China’s Xi speak after president calls trade adversary ‘extremely hard to make deal with’

US, Chinese leaders speak after Trump calls Xi ‘very tough’ on Truth Social

Politics

67 h. ago Europe's central bank expected to lower interest rates as Trump's trade war threatens growth

Lower inflation and concern that U.S. President Donald Trump’s trade war will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday’s policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity

Events

69 h. ago Full list of the 19 countries hit by Trump’s newest travel ban

The president has placed both hard travel bans and travel restrictions on countries who ‘wish to do us harm’

Politics

3 d. ago Trump is already lowering the bar on China tariffs blasting President Xi as ‘hard to make a deal with’

President Donald Trump simultaenously complimented and criticized Chinese President Xi Jinping in a Truth Social post

Politics

3 d. ago Trump keeps being overruled by judges. And his temper tantrums won’t stop that | Steven Greenhouse

A word of advice to Trump: dozens of judges keep ruling against you because you’ve flouted the law more than any previous presidentIt’s hard to keep track of all the temper tantrums that Donald Trump has had because he’s so ticked off that one judge after another has ruled against his flood of illegal actions. In seeking to put their fingers in the dike to stop the US president’s lawlessness, federal judges have issued a startling high number of rulings, more than 185, to block or temporarily pause moves by the Trump administration.Livid about all this, White House press secretary, Karoline Leavitt, has railed against “judicial activism”, while Trump adviser Stephen Miller carps about a “judicial coup”. As for Trump, the grievance-is-me president has gone into full conniption-mode, moaning about anti-Trump rulings and denouncing “USA-hating judges”. On Truth Social, he said: “How is it possible for [judges] to have potentially done such damage to the United States of America? Is it ...

Politics

7 d. ago Spike in steel tariffs could imperil Trump promise of lower grocery prices

President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles

Politics

8 d. ago Trump Team’s Plan B is to ram through tariffs using obscure law to negate ‘rogue judges’: report

An appeals court has paused a lower court decision blocking enforcement of Trump’s ‘Liberation Day’ tariffs

Politics

8 d. ago Trump blasts his own appointed judge in rant against court’s tariff ruling: ‘Backroom hustlers’

‘Hopefully, the Supreme Court will reverse this horrible, country-threatening decision, QUICKLY and DECISIVELY,’ Trump wrote on Truth Social late Thursday

Events

9 d. ago Federal Reserve issues rare statement asserting independence amid Trump pressure

Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US presidentCan Trump fire Federal Reserve chair Jerome Powell?The Federal Reserve issued a rare, strongly worded statement on Thursday after chair Jerome Powell spoke with Donald Trump at the White House Thursday morning, holding firm on the central bank’s independence amid pressure from Trump to lower interest rates.The three-paragraph statement emphasized the Fed’s independent, nonpartisan role in setting monetary policy based on economic data. Continue reading...

Politics

3 w. ago Trump seeks to lower US drugs prices with tariff threat to Europe

White House sets out plans for price targets and eliminating ‘middlemen’ in executive order

Events

3 w. ago Trump live: President asks drugmakers to voluntarily lower prices but offers no plan to enforce it

It comes as Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new Air Force One

Politics

3 w. ago Trump says friend in UK on ‘the fat shot drug’ inspired plan for price controls and tariff threats to lower prescription costs

Trump is ordering the government to consider punishing countries that negotiate lower drug prices for their single-payer health systems

Economics

3 w. ago Trump vows to lower drug prices in the US by up to 80 per cent

President promises to defy industry pressure and dramatically cut cost of pharmaceuticals

Politics

4 w. ago Trump to reportedly unveil Medicare drug pricing plan after teasing ‘earth

Trump’s upcoming announcement is to revive his plan to lower Medicare drug costs, CBS reports, a policy blocked during his first term and scrapped by Biden administrationThe major “earth-shattering” announcement Donald Trump teased earlier this week in the Oval Office is a “most favored nation” plan to cut Medicare drug prices, sources have told CBS News.In his first administration, Trump signed an executive order to implement a “most favored nation” clause that would have required Medicare to pay drug companies the lowest price paid in similar countries for some expensive, physician-administered drugs. The Biden administration rescinded the proposal under pressure from hospitals and drug companies.We’re going to have a very, very big announcement to make – like as big as it gets. It will be one of the most important announcements that have been made in many years about a certain subject. Continue reading...

Politics