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Trump Vows to Raise Tariffs on Foreign Steel to 50% in Speech to US Steelworkers

President Donald Trump on Friday told Pennsylvania steelworkers he’s doubling the tariff on steel imports to 50% to protect their industry, a dramatic increase...

Trump Hosts Pennsylvania Rally to Back Partnership Between US Steel and Japan’s Nippon

President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S....

US Futures Rise as Asian Markets Dip Following Trump’s EU Tariff Delay

U.S. futures jumped Monday and Asian shares mostly fell after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods...

Donald Trump Claims India Proposed Eliminating Tariffs on U.S. Products

President Donald Trump has suggested that India has offered to drop tariffs on U.S. goods to zero, something not immediately acknowledged by New Delhi. Trump...

Asian Markets Edge Higher on Tentative Optimism Over U.S.-China Deal

Asian shares were mostly higher Wednesday as a cautious sense of relief spread through regional markets after the U.S. and China agreed to a...

Panasonic Announces 10K Job Cuts as part of Cost-Cutting Measures

Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced the job cuts on Friday as part of a...

Foreign-Made Movies Face 100% Tariff Under Trump’s Latest Trade Threat

President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post Sunday night on his...

Warren Buffett Steps Down as Berkshire Hathaway CEO — Business World Hails the ‘Greatest of All Time’

Business leaders reacted on Saturday after Warren Buffett announced that he plans to step down as CEO of Berkshire Hathaway following decades of leading...

U.S. Economy Contracts 0.3% in Q1 Amid Fallout from Trump’s Trade Wars

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade...

Asian Markets Surge as Wall Street Extends Winning Streak to Third Day

Asian markets were higher early Friday after Wall Street rallied for the 3rd day, driven by hopes for the Federal Reserve to cut rates. Tokyo’s...

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