Stock Markets in Asia and Europe Continue to Sink
Major stock indexes sank in Asia Wednesday, and similar moves were due in Europe as U.S. President Donald J. Trump’s eye-watering 104 percent tariffs on China took effect.
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Trump Tariffs Set 12:01 A.M. Wednesday, Stocks Suffer After Rally
White House press secretary Karoline Leavitt confirmed that President Donald J. Trump’s tariffs, including the steep duties set for Chinese imports, will go into effect just after midnight (Eastern Standard Time), stalling a big bounce-back rally on Wall Street Tuesday.
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Nearly 1 Million Facing Deportation Released Into U.S. Through CBP One App
More than 900,000 illegal foreign nationals who were unlawfully released into the country by the Biden administration through a now defunct CBP One phone app have been notified that their parole status is terminated and have been instructed to leave the U.S. immediately, or face deportation, according to a notification obtained by CBS News.
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White House Says China Can’t Avoid 104% Retaliatory Tariffs
The White House said Tuesday that President Donald Trump remains willing to make deals with other nations, but only if doing so will help American workers and address U.S. trade deficits.
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Supreme Court Allows Trump Administration to Take 16,000 Workers Off Federal Payroll
The U.S. Supreme Court on Tuesday ruled that the Trump administration can keep thousands of probationary workers off of the federal payroll as lawsuits challenging the administration’s plan to fire them play out in court.
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Wall Street Opens Sharply Higher On Hopes Of Tariff Talks
A trend in Asia and Europe continued, with Wall Street’s main indexes on Tuesday rising after a bruising selloff that wiped out trillions of dollars since last week after U.S. President Donald J. Trump imposed tariffs on nearly all nations, including uninhabited islands.
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