Latest in White House defends Trump's tariffs amid plunging stock markets
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Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 2d -
Trump taps classified docs co-defendant Walt Nauta for Naval Academy Board
President Trump tapped Walt Nauta, a Navy veteran and his co-defendant in Special Counsel Jack Smith's classified documents case, for a seat on the Naval Academy’s Board of Visitors on Friday. “Our ...The Hill - 5d -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - 6d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 2d -
Bolton claims Trump’s threat of sanctions on Russia is ‘totally hollow’
Former White House national security adviser John Bolton brushed off President Trump's recent threat to impose sanctions on Russia over its continued strikes in Ukraine as peace talks are underway. ...The Hill - 5d -
Trump envoys begin Russia outreach after Ukraine breakthrough
Trump administration officials are reaching out to their Russian counterparts as the White House says the ball is in Moscow’s court to agree to a ceasefire in Ukraine. National security adviser ...The Hill - 1d -
Trump to give 'law and order,' 'weaponization of justice' speech at DOJ Friday
President Trump will give a speech focused on "law and order" at the Department of Justice (DOJ) on Friday, according to the White House. The president is set to argue that there has been a ...The Hill - 18h -
Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.The New York Times - 13h -
A 10% drop for stocks is scary, but isn't that rare
The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade warABC News - 7h -
White House withdraws CDC director nominee
Dave Weldon had faced growing scrutiny over his anti-vaccine views.Politico - 21h -
White House Withdraws Nominee for C.D.C. Director
Dr. Dave Weldon was to have appeared on Thursday in a confirmation hearing before the Senate health committee. He has close ties to Robert F. Kennedy Jr., the new health secretary.The New York Times - 14h -
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies
Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...The Hill - 3d -
Trump administration cancels disaster training for meteorologists amid staffing, travel cuts
The Trump administration has canceled a training that prepares meteorologists to forecast during disasters, The Hill has learned. The incident meteorologist training for the National Weather ...The Hill - 2d -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - 6d -
From Mexico cartel safe house to US streets: BBC tracks deadly fentanyl targeted by Trump tariffs
As the president tries to force Mexico to stop the flow of drugs, cartel members tell Quentin Sommerville they will not be deterred.BBC News - 1d -
Musk, Rubio clashed in front of Trump during Cabinet meeting: Sources
During a charged Cabinet meeting Thursday at the White House, Elon Musk clashed with top Cabinet officials, sources told ABC NewsABC News - 6d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 6d -
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.The New York Times - 3d -
From London to New York via Switzerland: the booming trade in gold bars
Fears that Donald Trump could impose tariffs on gold imports have upended the marketFinancial Times - 5h -
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - 5d -
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - 1d -
Worst day of the year for markets
Markets suffered a steep sell off today following President Trump not denying that a recession could be a result of his trade policies. All three major indexes have seen a notable decline since the ...NBC News - 3d -
Trump says he’s buying ‘brand new’ Tesla to support Musk
President Trump said he would be buying a “brand new” Tesla to support his senior adviser Elon Musk, as the stock market shows shares of the electric car company tumbling. “To Republicans, ...The Hill - 2d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 2d -
Advocacy groups condemn Trump for using 'Palestinian' as a slur
Jewish and Muslim advocacy groups condemned President Trump for calling Senate Minority Leader Chuck Schumer (D-N.Y.) a “Palestinian,” arguing he used it as a slur against the long-time lawmaker. ...The Hill - 19h -
Judge denies Pulitzer board’s request to pause Trump lawsuit during presidency
A Florida judge Monday denied the Pulitzer Prize Board’s request to pause President Trump’s defamation lawsuit while he is in the White House, an argument Trump’s lawyers themselves have made in ...The Hill - 2d -
Underlying hostility at meeting between Trump, Irish prime minister
President Trump hosted Ireland's prime minister at the White House on Wednesday. It's a traditional visit to celebrate St. Patrick's Day, which is on March 17. The two leaders sat in the Oval ...CBS News - 1d -
As Markets Whipsaw, Conservative Media Shrugs
Many conservative websites have either ignored the recent stock declines or framed them in a positive way.The New York Times - 17h -
Jimmy Kimmel Doubts Trump Will Really Buy a Tesla
“But why should he, when he did a big commercial for them today, absolutely free?” Kimmel said after the president brought some of Elon Musk’s cars to the White House.The New York Times - 2d -
How Canadians are reacting to Trump's tariffs
In a country known for its politeness, there is growing outrage in Canada over President Donald Trump’s steel and aluminum tariffs. Social media has erupted with calls to buy Canadian and boycott ...NBC News - 21h -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 1d -
Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - 1d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 12h -
March’s dizzying stock-market drop could be a buying opportunity — so long as this doesn’t happen
The speed with which stocks have slumped over the past few weeks has taken many by surprise. Just two-and-a-half months earlier, investors had been celebrating a second straight year of blockbuster ...MarketWatch - 1d -
The making of Elon Musk: how did his childhood in apartheid South Africa shape him?
The billionaire and now Trump adviser grew up amid the collapse of white rule, attending an all-white school and then a more liberal one. With an imposing double-winged redbrick main building, and ...The Guardian - 3d -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - 21h -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 16h -
Ami Bera defends Al Green censure vote: 'We need radical civility'
Rep. Ami Bera (D-Calif.) on Sunday defended his vote to censure Rep. Al Green (D-Texas), saying his fellow Democrat’s disruption during President Trump’s address to Congress was a “distraction” ...The Hill - 4d -
Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - 2d -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - 3d