Latest in Labor secretary lauds jobs report, Trump tariffs
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Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an ...The Hill - 2d -
Treasury secretary looks to soothe Republican lawmakers on tariff drama
Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to soothe GOP concerns about the sweeping tariffs that President Trump ...The Hill - 1d -
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 2d -
Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'
Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.CNBC - 3d -
Watch live: White House holds press briefing in wake of Trump tariff pushback
White House press secretary Karoline Leavitt will brief reporters Tuesday afternoon as concerns mount over President Trump's sweeping tariffs and its impact on the U.S. economy. The Trump ...The Hill - 1d -
Democratic senators sound alarm over tariff impact on small business in letter to Commerce secretary
Senate Democrats sent a letter to Commerce Secretary Howard Lutnick to call on the Trump administration to reverse its recent sweeping tariff actions, while raising alarm over the potential threats ...The Hill - 1d -
Rubio defends Trump tariffs, says Putin needs to show he ‘wants peace’
Speaking at NATO headquarters in Brussels, Secretary of State Marco Rubio told reporters President Trump’s tariffs will “reset” global trade. Rubio also said Russia needs to show it is serious ...NBC News - 5d -
Trump is neutering the Labor Department
The Trump administration is pushing sweeping changes to the federal government, including reducing the number of federal employees and eliminating some laws, which could lead to a loss of ...The Hill - 1d -
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.CBS News - 3d -
Morning Report — Trump digs in on tariffs
In today’s issue: President Trump on Sunday redoubled his support for massive tariffs on most of the world amid heavy market fallout and criticism from some allies. Wall Street was rocked by ...The Hill - 2d -
Roberts halts court orders blocking Trump firing of labor boards' members
President Trump removed Cathy Harris from the Merit Systems Protection Board and Gwynne Wilcox from the National Labor Relations Board.CBS News - 13h -
Senate confirms Trump’s controversial pick for Pentagon No. 3 job
The Senate voted Tuesday to confirm Elbridge Colby, President Trump’s “lightning rod” pick to serve as the Pentagon’s under secretary for policy, despite the private concerns of several Republican ...The Hill - 1d -
U.S. Added 228,000 Jobs In March Ahead of Trade War, Doubling Estimates
The Labor Department said the unemployment rate ticked up to 4.2 percent, though the job market remains resilient.Inc. - 5d -
Trump says tariffs will accelerate reshoring, but experts say it's not that easy
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.CNBC - 4d -
Trump tariffs 'will increase the unemployment rate to recessionary levels,' says economist
As a result of the Trump administration's new tariffs, U.S. job losses “could be in the millions,” says Harry Holzer, senior fellow at Brookings.CNBC - 1d -
4/9: The Daily Report
Lindsey Reiser is joined by Kelly O'Grady and Jill Schlesinger to report on President Trump's back and forth on major global tariffs, and their impact on the business world, consumers' wallets, and ...CBS News - 6h -
Trump replaces Patel with Army secretary as ATF director
FBI Director Kash Patel was removed as the acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) by President Trump’s administration and replaced with Army Secretary Dan ...The Hill - 14h -
4/7: The Daily Report
Lindsey Reiser reports on how President Trump's tariffs announcement is affecting a new week of trading, the Supreme Court's latest action in the case of a man wrongfully deported to El Salvador, ...CBS News - 2d -
4/8: The Daily Report
Lindsey Reiser reports on another day of volatility in the markets as President Trump's tariffs get ready to take effect, a roof collapse at a nightclub in the Dominican Republic that killed dozens ...CBS News - 20h -
Wilbur Ross: Tariffs are ‘typical Trump’ high-risk, high-reward play
As the White House presses ahead with sweeping tariffs on dozens of nations that could upend the global economy, President Trump's former Commerce secretary sees it as “typical Trump.” “This is ...The Hill - 1d -
The Advisers Behind Trump’s Tariff Turmoil
The roller coaster of on-again, off-again tariffs have focused attention on the people behind President Trump’s trade strategy. Rob Copeland, a New York Times finance reporter, takes us inside ...The New York Times - 14h -
Media Outlets Face Fallout from Dubious 90-Day Tariff Pause Report
The report, that President Trump was considering a pause on his expansive tariffs, spread on social media and was amplified by CNBC and Reuters. The White House called the claim “fake news.”The New York Times - 2d -
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, defended President Trump’s tariffs, but the Treasury secretary said the U.S. might be ready to negotiate.The New York Times - 2d -
Oil Production Slides and Job Cuts Rise as Tariff Costs Bite
The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.Inc. - 1d -
Democrats question VA secretary on return-to-office 'disruptions'
A group of 20 House Democrats want answers from Veterans Affairs (VA) Secretary Doug Collins on how President Trump's return-to-office mandate for federal workers is being carried out, citing "deep ...The Hill - 2d -
UK growth forecasts hit by Trump’s tariffs
Economists factor in falling confidence and investment leading to job losses and a probable cut in borrowing costsFinancial Times - 1d -
Trump says he’s not looking at a pause on tariffs
President Trump on Monday said he’s not considering a pause on tariffs, following an unconfirmed report earlier in the day that he was considering a 90-day pause, which caused the stock market to ...The Hill - 2d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial Times - 3d -
CNBC says it aired 'unconfirmed' report on Trump tariff plans amid market turmoil
CNBC on Monday acknowledged that it aired a banner containing unconfirmed information about President Trump's economic plans amid widespread market uncertainty stemming from the tariffs he ...The Hill - 2d -
Bessent: Trump will be ready to negotiate tariffs 'at a point'
Treasury Secretary Scott Bessent on Monday said President Trump will be ready for trade negotiations "at a point," while the administration has showed no signs of backing off its implementation of ...The Hill - 2d -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 5d -
Business leaders speak out about President Trump’s tariffs
Billionaire Trump backer Bill Ackman is among the business leaders who have criticized the president’s trade war. NBC News’ Christine Romans reports Ackman called the tariffs a mistake and urged a ...NBC News - 2d -
Markets open calmer after days of instability in response to Trump tariffs
Global stocks bounced back slightly after plunging for days in response to President Donald Trump's sweeping global tariffs. NBC News' Brian Cheung reports on what could happen next as a trade war ...NBC News - 1d -
Elon Musk reportedly made personal appeals to Trump over tariffs
The Washington Post is reporting that Elon Musk, one of President Donald Trump’s top advisers, made direct appeals to the president, personally asking him to rethink his aggressive tariff plan.NBC News - 1d -
Morning Report — US, China trade war underway
In today’s issue: In the week since President Trump surprised the world with an aggressive mix of universal tariffs and a catalog of steep reciprocal tariffs that took effect early this morning, ...The Hill - 23h -
Trump reportedly to cut grant for key US steel project in Vance’s home town
Outcry as CNN reports president to stop funds for program that would have created jobs in Middletown, Ohio. Despite promises to bolster the US manufacturing industry, the Trump administration is ...The Guardian - 1d -
Scott Bessent takes the lead as Trump advisers spar over tariffs
US Treasury secretary’s growing role marks shift away from White House’s trade hardlinersFinancial Times - 1d -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 3d -
Bessent expects a couple big deals ‘very quickly’ on tariffs
Treasury Secretary Scott Bessent said Tuesday that he expects a couple big deals “very quickly” in relation to President Trump's latest tariff announcement. "We have one of the Vietnamese officials ...The Hill - 1d -
Musk calls Trump trade adviser, Peter Navarro, a 'moron' and 'dumber than a sack of bricks'
NBC News Correspondent Vaughn Hillyard reports on a social media back and forth between Elon Musk and Trump trade adviser, Peter Navarro. Asked about the spat, White House press secretary Karoline ...NBC News - 1d