President Trump on Wednesday announced he was imposing reciprocal tariffs on dozens of nations, citing what he called years of unfair trade practices.Trump announced in the Rose Garden that all foreign countries would face a baseline 10 percent tariff, but several nations are being hit with steeper tariffs on imports.
Trump said those reciprocal tariffs will be calculated by combining the rate of tariffs and nonmonetary barriers such as currency manipulation, and then dividing that total in half
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-
Trump's 'Liberation Day' tariffs: Here's how much countries are getting hit
via thehill.com -
Sanders on law firms making deals with Trump: 'Absolute cowardice'
via thehill.comSen. Bernie Sanders slammed law firms coming to deals with President Trump in an interview that aired Sunday.“What do you make of the law firms cutting deals?” CBS News’s Robert Costa asked Sanders on “CBS News Sunday Morning.”“Absolute cowardice,” Sanders responded.Sanders later added that the firms are “going to sell out their souls to Donald Trump, in order to continue to be able to make money here in Washington.” Multiple law firms h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
via thehill.comVulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost -
Trump defends tariffs as markets plunge: 'I don't want anything to go down'
via thehill.comPresident Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.”“When you look at the trade deficit we have with certain countries, with China it’s a trillion dollars," Trump told reporters traveling with him on Air Force One as he returned from Florida to Washington, D.C. on Sunday evening.
“And we have to solve our trade deficit with China…. Hundreds of billions of dollars a year we lose with China -
Trump says he hopes Sununu runs for Senate in New Hampshire
via thehill.comPresident Trump said Sunday that he met with former New Hampshire Gov. Chris Sununu (R) about a potential Senate bid and that he hopes Sununu launches a campaign."He came to my office, came to the Oval Office, and met with Chris Sununu, and I support him fully. I hope he runs," Trump told reporters aboard Air Force One. "He's been very nice to me over the last year or so, but no, I hope he runs. I think he'll win that seat." Sununu has been a regular Trump critic, and the former governor en -
Live updates: Billionaire Trump endorses calls for trade war time-out; CNBC host warns of 'Black Monday'
via thehill.comVulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
via thehill.comBillionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the economy to collapse while hurting Trump supporters the most.“Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who have supported the president — in particular low-i -
Bill Ackman warns Trump to call a time-out on trade war: ‘This is not what we voted for’
via thehill.comBillionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing it could cause the economy to collapse while hurting Trump supporters the most.“Business is a confidence game. The president is losing the confidence of business leaders around the globe. The consequences for our country and the millions of our citizens who have supported the president — in particular low-inc -
Live updates: Judge slams Trump; Officials defend tariffs; CNBC host warns of 'Black Monday'
via thehill.comVulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost -
Stock futures drop sharply; Jim Cramer warns of new 'Black Monday'
via thehill.comU.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners.Dow Jones futures were down more than 1,700 points on Sunday evening at 6 p.m., pointing to what could be a disastrous day on Wall Street when markets open Monday morning at 9:30 a.m.The Dow and other markets have already suffered through a brutal Thursday and Friday as they took in Trump’s tariff regime, and th -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
via thehill.comTreasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency manipulation” on their side.“More than 50 countries have approached … the administration about lowering their non-tariff trade barriers, lowering their tariffs, stopping currency manipulation,” Bessent said on NBC’s “Meet the Press&rdqu -
Live updates: Judge slams Trump; Officials defend tariffs after markets plunge
via thehill.comVulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost -
Trump officials defend tariffs amid market, conservative unrest
via thehill.comTrump administration officials fanned out across the media talk shows on Sunday to defend tariffs imposed by the president on just about every country on Earth.The reciprocal tariffs were long promised by President Trump, who feels the U.S. has been ripped off by trading practices of friends and foes that have run trade deficits with the United States.But the size and scope of the tariffs caught many by surprise, and led to a dramatic sell-off on Wall Street that saw trillions in wealth wiped ou -
FAFSA had been struggling for years. Then Trump cut the Education Department in half
via thehill.comFamilies and students are growing nervous about the fate of the Free Application for Federal Student Aid (FAFSA) amid President Trump's massive cuts to the Department of Education and his plans to do away with it entirely. FAFSA has had a rough few years, starting with a clumsy rollout of revamped forms during the Biden administration that led to a drop in the college aid applications.But even amid a need to rebuild trust with parents and applicants, the Trump administration has halved the -
Mahmoud Khalil speaks out on 'abduction,' calls on students to take action
via thehill.comMahmoud Khalil, a pro-Palestinian activist who was arrested in March by immigration authorities, spoke out about his “abduction” in a Friday opinion piece.Khalil, a former lead negotiator for Columbia University’s pro-Palestinian encampment, said in his Columbia Daily Spectator opinion piece that the school “laid the groundwork for my abduction” and pushed for the school’s students to “not abdicate their responsibility to resist repression.”“ -
Johnson strikes deal with Luna on parental proxy voting
via thehill.comSpeaker Mike Johnson (R-La.) has reached a deal with Rep. Anna Paulina Luna (R-Fla.) over her push to allow new parents to vote by proxy, a development that is set to unlock the House floor after the explosive issue — and the GOP rebellions it sparked — brought the chamber to a standstill.Under the agreement being worked out, the House would formalize “vote pairing,” two sources familiar with the matter confirmed to The Hill.The procedure allows a memb -
Trump posts video of himself golfing on Truth Social
via thehill.comPresident Trump posted a video of himself golfing Sunday on Truth Social.
It wasn't immediately clear if the video was from Sunday. Trump is an avid golfer and often spending time on the golf course in his fee time.The White House on Saturday told the press pool that Trump had won "his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”Trump has come under some criticism for his time on the golf course in recent days. -
Trump's Colorado portrait artist says career in jeopardy
via thehill.comThe artist behind a portrait of President Trump that hung at the Colorado Capitol for six years says the president's comments are "negatively impacting" her business.The portrait of Trump by Colorado Springs artist Sarah Boardman was removed last month after the president trashed the painting as "truly the worst" in a social media post and suggested it was intentionally distorted to make him look bad."(Boardman) must have lost her talent as she got older," he said on Truth Social.Boardman said i -
Federal judge in scathing decision calls Trump's deportation of Salvadoran man 'wholly lawless'
via thehill.comA federal judge in a scathing decision on Sunday said the Trump administration had no legal grounds to arrest, detain and deport a Salvadoran national from the United States to a prison in his home country, saying the decision was “wholly lawless.”U.S. District Judge Paula Xinis in a 22-page decision ordered the Department of Homeland Security (DHS) and Secretary Kristi Noem to return Kilmar Armando Abrego Garcia to the United States.“Neither the United States nor El Salvador h -
Federal judge in scathing decision calls Trump deportation of El Salvador man ‘wholly lawless’
via thehill.comA federal judge in a scathing decision on Sunday said the Trump administration had no legal grounds to arrest, detain and deport an El Salvador national from the United States to a prison in his home country, saying the decision was “wholly lawless.”U.S. District Judge Paula Xinis in a 22-page decision ordered the Department of Homeland Security and Sec. Kristi Noem to return Kilmar Armando Abrego Garcia to the United States.“Neither the United States nor El Salvador have told -
Live updates: Lutnick explains Trump tariffs on uninhabited islands; Senate GOP advances Trump agenda
via thehill.comVulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost -
GOP rep says Russia and China are 'laughing at us' after NSA director firing
via thehill.comRep. Don Bacon (R-Neb.), a moderate Republican, slammed President Trump’s decision to fire the director of the National Security Agency (NSA) and his top deputy after demands from far-right influencer Laura Loomer, saying Sunday that China and Russia are “laughing at us” after that decision.“I will tell you, this puts us back. It hurts us,” Bacon said in an interview on CBS News’s “Face the Nation.”“Russia and China today are laughing at us b -
Schiff criticizes Democrats for ‘not thinking big’ or ‘acting big’
via thehill.comSen. Adam Schiff (D-Calif.) on Sunday urged Democrats to be bolder in their approach to winning over voters, saying in an interview that his party has been guilty of not “thinking big” or “acting big.”In an interview on NBC News's "Meet the Press," moderator Kristen Welker asked Schiff about a moment from Sen. Cory Booker's (D-N.J.) historic marathon Senate floor speech when he said his own party "has made terrible mistakes and gave a lane to this demagogue," referring to -
Russia’s foothold in Syria presents conundrum for Trump
via thehill.comThe Trump administration is torn over how to respond to Russia’s military presence in Syria and whether to ask the new transitional government to oust Russian forces from a naval and air base in the country.U.S. sanctions on Syria provide Washington with enormous leverage to influence the new government headed by Ahmed al-Sharaa, a former U.S.-designated terrorist who led the overthrow of longtime dictator Bashar Assad.Last month, Trump officials provided al-Sharaa’s representatives -
Bessent calls tariffs 'a one-time price adjustment'
via thehill.comTreasury Secretary Scott Bessent said on Sunday that President Trump's tariffs are a "one-time price adjustment," which he stressed is different from continuous price increases caused by inflation.In an interview on NBC News's "Meet the Press," moderator Kristen Welker asked Bessent about remarks from last January, when Bessent wrote, "Tariffs are inflationary."“Have you expressed any concerns to President Trump directly that his tariff policy could be inflationary?” Welker asked.&ld -
Lutnick says Trump tariffs on uninhabited islands prevent other countries from using 'loopholes'
via thehill.comCommerce Secretary Howard Lutnick on Sunday defended President Trump’s tariffs even against uninhabited islands, saying they are intended to guard against loopholes.In an interview on CBS News’s “Face the Nation,” moderator Margaret Brennan asked why uninhabited territories, like the Heard and McDonald Islands, were included on the list that Trump displayed in the Rose Garden, noting they “don't export to the United States and are quite literally inhabited by pengui -
Liccardo says Bondi ‘undermining’ DOJ prosecutors’ aim to ‘do justice’
via thehill.comRep. Sam Liccardo (D-Calif.), a former prosecutor, said Attorney Gen. Pam Bondi is “undermining” the “fundamental professional ethic” at the Justice Department that says DOJ prosecutors are meant to “do justice.”In an interview on NewsNation’s “The Hill Sunday,” anchor Chris Stirewalt asked the California Democrat about reports that the DOJ is “getting rid of prosecutors that don’t want to take the hard line on immigration” -
GOP rep says tariff power ‘belongs in the Congress’
via thehill.comRep. David Valadao (R-Calif.), who represents a swing district, said on Sunday he is inclined to support a bill to restore tariff power to Congress.In an interview on NewsNation’s “The Hill Sunday,” anchor Chris Stirewalt noted a fellow moderate Republican, Rep. Don Bacon (Neb.), is said to be drafting a companion bill to the Senate’s, which would give Congress more authority on tariffs.“It probably is,” Valadao said when asked whether he could support such a -
Democrats see growing number of young progressive challengers
via thehill.comA growing number of Democratic incumbents are facing primary challenges from younger progressives, underscoring generational and ideological rifts within the party.At least three long-serving members of the House — including former Speaker Nancy Pelosi (D-Calif.) — have already drawn younger primary opponents, with more potentially on the way. The developments come amid growing speculation that Rep. Alexandria Ocasio-Cortez (D-N.Y.) could challenge Senate Minority Leader Chuck Schume -
Walz says Trump 'not wrong' US manufacturing has been 'gutted' but tariffs 'not the solution'
via thehill.comMinnesota Gov. Tim Walz (D) said on Sunday that President Trump is “not wrong” in identifying the gutting of the manufacturing industry as an issue, but he said the president is wrong about tariffs as the solution.“Here's the thing that the Democrats have to figure out. Donald Trump's language around this, he's not wrong that we have had manufacturing gutted. He's not wrong that we saw an outshoring. People of my generation were told there aren't going to be any manufacturing j
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