This is significantly below the 32 percent level the president earlier threatened
US President Donald Trump yesterday announced a trade deal with Indonesia, the latest pact in a bid to cement better terms with trading partners and reduce a massive trade deficit, even as the European Union readied retaliatory measures should talks between Washington and its top trading partner fail.
Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum
SpaceX and xAI did not immediately respond to Reuters' requests for comment
President Donald Trump yesterday said major US trading partners Mexico and the European Union would face a 30 percent tariff starting next month, ramping up pressure for deals in his trade wars.
The United States announced its first sanctions on Friday against Cuban President Miguel Diaz-Canel for his role “in the Cuban regime’s brutality toward the Cuban people.”
Donald Trump defended the state and federal response to deadly flash flooding in Texas on Friday as he visited the stricken Hill Country region, where at least 120 people, including dozens of children, perished a week ago.
US customs duty collections surged again in June as President Donald Trump's tariffs gained steam
Musk did not reveal which files he was talking about and offered no evidence for his claim
US President Donald Trump has signed a travel ban on 12 mostly Middle Eastern and African countries, reviving a controversial measure from his first term expected to trigger a fresh wave of legal challenges..Trump said on Wednesday the measure was spurred by a makeshift flamethrower attack
Trump announced a six-month ban on foreign students enrolling at Harvard University
Trump is seeking to bring the universities to heel with claims their international students pose a national security threat, and that they ignored anti-Semitism on campus, and perpetuate liberal bias
The other 14 countries on the council voted in favor of the draft as a humanitarian crisis grips the enclave of more than 2 million people
The move, which was slammed by Biden, is the latest in a long-running campaign by Trump
US private sector hiring hit its lowest pace since early 2023 in May, according to data from payroll firm ADP on Wednesday
President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.
The US Supreme Court handed President Donald Trump a major victory Friday in his immigration crackdown, giving his administration the green light to revoke the legal status of half a million migrants from four Caribbean and Latin American countries.
Former US President Joe Biden told reporters Friday he was feeling "optimistic" about the future after delivering his first public remarks since revealing he had an aggressive form of prostate cancer