China hit with 104% levy as new fees roll out

China vows to ‘fight to the end’ on President Trump’s tariffs President Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports. President Donald Trump’s latest tariff blitz rolled out Wednesday with a flurry of reciprocal levies on trading partners, including one sky-high fee: a tax on Chinese goods … Read more

Cornell, Northwestern University funding frozen by Trump administration

Steve Holland and Kanishka Singh  |  Reuters WASHINGTON, April 8 (Reuters) – The Trump administration has frozen over $1 billion in funding for Cornell University and $790 million for Northwestern University while it investigates both schools over civil rights violations, a U.S. official said on Tuesday. The funding being paused includes mostly grants and contracts … Read more

Climate activist, art vandal found guilty of crime ‘against the U.S.’

Timothy Martin, a member of Declare Emergency, a climate activist group known for eye-catching protests, was found guilty of defacing a glass case protecting a timeless Degas sculpture Just Stop Oil protesters throw soup at Vincent van Gogh’s ‘Sunflowers’ Just Stop Oil protesters threw cans of tomato soup on Vincent van Gogh’s “Sunflowers” painting at … Read more

President Donald Trump says he will soon tariff pharmaceuticals

Elon Musk snaps at Peter Navarro over CNBC tariff comments Elon Musk hit back at Peter Navarro after President Trump’s trade advisor commented on Tesla during a CNBC interview on tariffs. President Donald Trump said Tuesday that his administration will soon impose tariffs on pharmaceuticals coming from foreign countries, predicting drug companies will move their … Read more

Acting IRS commissioner Melanie Krause departing agency

Thousands of IRS employees laid off as tax refund season gets underway Thousands of IRS employees were laid off, primarily affecting President Biden’s expansion hires aimed at tax enforcement on wealthy taxpayers. Acting IRS Commissioner Melanie Krause is expected to resign, according to two administration officials, continuing turmoil is the agency’s top leadership. Krause is … Read more

Charles Koch-backed group starts legal battle over Trump tariffs

President Trump calls tariffs ‘medicine’ as stock market plunges President Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge. A conservative advocacy organization financed by billionaire Republican mega-donor Charles Koch is representing a Florida company that is suing President Donald Trump for imposing tariffs on all … Read more