Trump, White House and China
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The Supreme Court will hear arguments tomorrow about birthright citizenship. How we got here: Trump tried to ban giving U.S. citizenship to children born to foreign visitors and undocumented immigrants. After judges stepped in, he appealed to the high court.
President Donald Trump‘s top aides spilled the beans Wednesday about how they convinced him to back off his sky-high tariffs on China. They boasted to The Washington Post that they used data showing how his base of support—in particular truckers and longshoremen—would be hurt by the levies to change his mind.
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.
Follow for live updates as Trump continues his Middle East trip in Saudi Arabia and Health and Human Services Secretary Robert F. Kennedy Jr. testifies on Capitol Hill.
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.
4don MSN
The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them.