The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.

Federal Reserve Chair Jerome Powell, who Trump recently said he’s considering firing, has a 37% approval rating, beneath the lowest approval ratings for the previous three federal reserve chairs, but above his 36% average approval rating in 2023, Gallup found.

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.

Among the accusations levied by Murphy was that Trump is orchestrating a shakedown of the country and the world from his presidential perch. He made the allegation while pointing to Trump’s swing through the Middle East this week.

The White House last month paused far-reaching “reciprocal tariffs” on dozens of countries, just hours after the measures took effect. Trump has also eased sector-specific tariffs targeting autos, and rolled back duties on some goods from Mexico and Canada.

Shara capped a remarkable turnabout for the leader of the rebel uprising that ousted Bashar al-Assad. Mr. Trump has said he would lift U.S. sanctions on Syria. President Trump met on Wednesday with the new president of Syria,

Federal Reserve Vice Chair Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are sustained it will cause "at least" a temporary increase in inflation.

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.