Trump has repeatedly pressed Federal Reserve chair Jay Powell to lower interest rates in an attack on the central bank’s independence. Meanwhile, Congress has passed the president’s flagship budget bill, which is forecast by independent analysts to add trillions of dollars in public debt in coming years.

The president announced tariffs on a larger group of trading partners, reigniting a trade war that looked to be on pause for several months. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

Wall Street warns that record US stock highs mask deeper risks, as investors fear Trump’s looming tariffs and rising deficits could destabilize markets despite current optimism.

Donald Trump has said the US will impose a 35 per cent tariff on Canada at the start of August as he launches a fresh salvo against one of the country’s largest trading partners.

President Donald Trump on Saturday threatened 30 percent tariffs on two major U.S. trading partners — the European Union and Mexico. In letters posted to Truth Social, the president said each country would face the new tariffs starting Aug.