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Category: trump-tariffs

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  • Senate Democrat meets Ábrego García in El Salvador as legal battles continue – US politics live

    Visit by Maryland’s Chris Van Hollen comes as a federal appeals court rules against the Trump’s administration’s efforts to block return to the US

    US secretary of state Marco Rubio said Friday that the US may “move on” from trying to secure a Russia-Ukraine peace deal if there is no progress in the coming days, after months of efforts have failed to bring an end to the fighting.

    He spoke in Paris after landmark talks among US, Ukrainian and European officials produced outlines for steps toward peace and appeared to make some long-awaited progress, AP reported.

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  • Trump news at a glance: president takes aim at Harvard, threatening tax-exempt status

    The IRS is reportedly planning to revoke Harvard’s tax exemption, a move that would cost the university millions – key US politics stories from Thursday 17 April at a glance

    The Trump administration has taken aim at Harvard, with President Trump calling for the university’s tax-exempt status to be revoked, despite the likely illegality of that threat.

    The Internal Revenue Service (IRS) is reportedly planning to enact the president’s demand, a move that would cost Harvard millions of dollars each year.

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  • Fed chair warns Trump tariffs could cause inflation as US stocks slide further

    Value of Nvidia dropped by billions on Wednesday after president imposed new restrictions on the chip giant

    US stocks fell again on Wednesday after Donald Trump imposed a new trade restriction on the chip designer Nvidia, rattling investors as the Federal Reserve’s chair warned the president’s tariffs are generating a “challenging scenario”.

    The chip giant’s announcement was followed by a warning from Fed chair Jerome Powell that Trump’s tariffs were likely to “generate “at least a temporary rise in inflation” and that those effects could “also be more persistent”.

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  • Trump tariffs will send global trade into reverse this year, warns WTO

    World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’

    Donald Trump’s tariffs will send international trade into reverse this year, depressing global economic growth, the World Trade Organization has warned.

    In its latest snapshot of the global trading system, the Geneva-based institution says it had previously expected goods trade to expand by a healthy 2.7% this year. As a result of Washington’s trade policy, it is now forecasting a 0.2% decline.

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  • California launches legal challenge against Trump’s ‘illegal’ tariffs

    Governor says import tariffs are ‘wreaking chaos’ on the state’s families, businesses and economy

    California is asking a court to block Donald Trump’s “illegal” tariffs, accusing the president of overstepping his authority and threatening trade in a state with the world’s fifth-largest economy.

    The lawsuit, brought by California’s governor, Gavin Newsom, and attorney general, Rob Bonta, challenges Trump’s invocation of emergency powers to unilaterally impose tariffs on imports, which have rattled stock markets and raised fears of recession.

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  • Trump claims tariffs bringing in ‘record numbers’ amid reports US seeking to isolate China – US politics live

    President also claims inflation is falling as Chinese state media tells US to ‘stop whining’ amid escalating trade war

    Hello and welcome to the US politics live blog. I’m Tom Ambrose and I will be bringing you the latest news lines over the next few hours.

    We begin with Donald Trump having claimed that the cost of all products including gasoline and groceries have been coming down as the US takes in “record numbers” in tariffs.

    Trump signed a series of new executive orders and memorandums, taking action on a range of issues including social security fraud, federal contracts and the import of critical minerals.

    The Trump administration is “looking into” the legality of deporting American citizens to El Salvador if they commit violent crimes, a view the president reiterated in an interview on Fox News today.

    The White House also said Harvard “should apologize for antisemitism on its campus” as Trump threatened to remove the university’s tax-exempt status. Trump said the school “should be taxed as a political entity” after it refused to cave in to pressure from his administration to adhere to a list of demands including banning face masks, closing its diversity, equity and inclusion programs, and cooperating with federal immigration authorities. Trump responded by cutting $2.3bn in federal grants to the university.

    A federal judge ruled that Trump could not bar the federal government from working with Susman Godfrey, the law firm that won a $787bn settlement from Fox News for a voting machine maker over lies aired about the 2020 election.

    The Associated Press has still not been allowed in the White House press pool even after a judge overturned a ban from Trump blocking the news agency.

    The justice department will have to prove it tried to comply with a federal judge’s order to facilitate the release of Kilmar Ábrego García from a Salvadorian prison, after the Trump administration claimed it was powerless to force the return of the accidentally deported refugee who had legally lived in the US for nearly 25 years.

    In a memorandum, Trump increased pressure on fraud prosecutor programs to ensure undocumented immigrants aren’t receiving Social Security funds.

    Former president Joe Biden dedicated his first major speech since leaving the White House to the importance of social security.

    Following Biden’s speech on the importance of Social Security, a person running the Social Security Administration social media accounts posted a thread accusing the former president of lying.

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  • Obama condemns Trump’s $2.3bn Harvard funding freeze as ‘unlawful and ham-handed’ – US politics live

    In some of his most vocal criticism of the current administration, former president says move is ‘an attempt to stifle academic freedom’

    As my colleague Martin Belam reports in our UK politics live blog, JD Vance has said the US is optimistic it can negotiate a “great” trade deal with the UK.

    In an interview with online outlet Unherd, the US vice president told Sohrab Ahmari:

    We’re certainly working very hard with Keir Starmer’s government. The president really loves the UK. He loved the queen. He admires and loves the king. It is a very important relationship. And he’s a businessman and has a number of important business relationships in [the UK].

    But I think it’s much deeper than that. There’s a real cultural affinity. And of course, fundamentally America is an Anglo country. I think there’s a good chance that, yes, we’ll come to a great agreement that’s in the best interest of both countries.

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  • US begins inquiry into pharmaceutical and chip imports in bid to impose tariffs

    Notices show Trump administration setting stage for levies on both sectors on national security grounds

    The Trump administration is kicking off investigations into imports of pharmaceuticals and semiconductors into the US as part of an attempt to impose tariffs on both sectors on national security grounds, notices posted to the Federal Register on Monday showed.

    The filings scheduled to be published on Wednesday set a 21-day deadline from that date for the submission of public comment on the issue and indicate the administration intends to pursue the levies under authority granted by the Trade Expansion Act of 1962. Such inquiries need to be completed within 270 days after being announced.

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  • JD Vance says US hopeful of ‘great’ trade deal with UK

    Vice-president says Donald Trump ‘loves’ the UK and there is good chance of reaching mutually beneficial agreement

    The US is optimistic it can negotiate a “great” trade deal with the UK, JD Vance has said.

    Donald Trump imposed sweeping tariffs on imports to the US several weeks ago, sending the global economy into turmoil as stock prices tumbled and fears of a global recession mounted.

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  • Tariff turmoil to continue as Trump warns nobody ‘off the hook’ amid smartphone exemption – US politics live

    Comments from the president and Howard Lutnick indicate moves to exclude some tech products will be shortlived

    Chinese President Xi Jinping will be welcomed by Vietnam’s President Luong Cuong today as he seeks to strengthen economic ties in south-east Asia amid a trade war with Washington that has caused turmoil in global markets.

    In an article for the Nhan Dan newspaper, Xi called for more regional cooperation, saying China and Vietnam were “friendly socialist neighbours sharing the same ideals and extensive strategic interests”.

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