Businesses, consumers and foreign leaders are trying to assess just how set in stone President Trump's tariffs are, as the administration and its allies send mixed signals about whether the measures are being used for leverage.
Some Trump allies touted the tariffs — which have led to a massive stock market selloff and heightened fears of a recession — as the latest move from a master dealmaker. The tariffs, they argue, will force other countries to change their practices in search of leniency from the U.S. |
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Senate Republicans voted early Saturday morning to pass a budget resolution that will be critical to advancing President Trump's legislative agenda, but the measure breaks with House Republicans on several big issues, setting the stage for a showdown between the two chambers later this year. The Senate voted 51-48 to pass the measure after a holding a long series of votes on amendments, which kept senators pacing around the chamber for hours. |
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The Elon Musk effect is being hotly debated in Republican circles this weekend, even as the reverberations from President Trump's tariff policies dominate the headlines.
Put simply, the question is whether Musk is an asset or liability to Trump. |
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J.P. Morgan is forecasting that the U.S. economy will enter a recession this year as fallout from President Trump's tariffs has taken hold. In a Friday evening note to investors, the company's chief U.S. economist Michael Feroli said the firm predicts that gross domestic product (GDP) will likely contract "under the weight of the tariffs." |
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A divided Supreme Court sided with the Trump administration by allowing officials to block $65 million in teacher development grants frozen over concerns they were promoting diversity, equity and inclusion (DEI) practices. The 5-4 emergency ruling, for now, lifts a lower order that forced the Education Department to resume the grants in eight Democratic-led states that are suing. |
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Black veterans are warning that the Trump administration's effort to purge the Defense Department of its diversity, equity and inclusion (DEI) content is sending a negative message that could impact recruitment efforts.
The Pentagon has faced backlash in recent weeks after efforts to comply with President Trump's executive order banning DEI in the military resulted in the removal of webpages dedicated to Jackie Robinson; Colin Powell; Army Maj. Gen. Charles C. Rogers, a Black recipient of the Medal of Honor; the Navajo Code Talkers and Japanese Americans. |
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Senate Republicans on Friday backed an amendment to their budget resolution aimed at protecting Medicare and Medicaid.
The amendment, which passed 51-48 and was proposed by Sen. Dan Sullivan (R-Alaska.), was the first brought forward as part of the vote-a-rama ahead of a final vote on the bill that will serve as a blueprint for President Trump's domestic agenda, including extending his tax cuts. |
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The Department of Justice (DOJ) is seeking a 7 year sentence for former Rep. George Santos (R-N.Y.) according to a Friday filing.
Prosecutors said the length of the requested sentence — 87 months — reflects the serious nature of Santos's "unparalleled" crimes. |
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Over half of Americans, 52 percent, disapprove of President Trump's handling of the economy, marking a 12 percent uptick from his approval in October 2024.
In a survey a published by the Wall Street Journal on Friday, just a quarter of people said they approve of Trump's handling of the economy during his first 100 days in office. |
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OPINION | When Elon Musk brandished a chainsaw on television, promising to slash government spending, many Americans cheered. Others panicked. Neither side addressed the real problem with government inefficiency — or its solution. Musk's recent shift in tone — acknowledging the need for caution, to measure twice and cut once — suggests the Department of Government Efficiency is learning this lesson, too. |
OPINION | I am not here to defend Andrew Tate. Rather, I'm here to acknowledge reality. So please don't confuse one with the other. Tate is not the architect of the crisis facing young men today — he is a symptom of it. The New York Times, predictably, would have you believe otherwise. The same goes for The Guardian. In recent weeks, mainstream media outlets have been using Netflix's "Adolescence" as a launching pad for a new war on masculinity. |
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BY JONATHAN SWAN, MAGGIE HABERMAN AND KEN BENSINGER |
Laura Loomer had President Trump's full attention. Sitting directly across from the president in the Oval Office, Loomer, the far-right agitator and conspiracy theorist, held a stack of papers that detailed a litany of accusations about "disloyal" members of the National Security Council. National security adviser Mike Waltz had arrived late and could only watch as she ripped into his staff. Fire them, Trump instructed Waltz, according to people with knowledge of the meeting. |
BY DAVID LUHNOW AND MAX COLCHESTER |
The stock market has its worst day in years. Ominously, the currency also falls. America 2025? No, Britain 2016 — the day after U.K. voters chose to quit the European Union. President Trump's decision to impose wide-scale tariffs raises a question: What happens when a developed economy throws up barriers with its biggest trade partners? |
BY CLAIRE RUSH AND MARK THIESSEN |
John Gutierrez had been thinking about buying a new laptop for the past year. The Austin, Texas, resident needed a computer with faster processing and increased storage for his photography work and had his sights set on a product from a Taiwanese brand. Then President Trump announced expansive new import tariffs Wednesday, including a 32 percent tax on imports from Taiwan. That same day, Gutierrez ordered the laptop, with a base price of $2,400, from a retailer in New York specializing in photo and video gear. "I thought I'd bite the bullet, buy it now, and then that way I'll have the latest technology on my laptop and don't have to worry about the tariffs," he said. |
China announced Friday that it would impose a tariff of 34 percent on all U.S. goods — a move that could hurt U.S. exports to the country, particularly in the oilseed, grain, semiconductor, and oil and gas industries. The move follows Trump's "Liberation Day" tariff announcements, during which he promised to impose a 34 percent tariff on Chinese goods. Here's what to know about the products the U.S. exports to China, and how they might be affected by the latest escalation. |
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