donald trump

WEST PALM BEACH, Fla. (AP) — President Donald Trump says he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S. He’s digging in on his plans to implement the taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. Speaking to reporters Sunday aboard Air Force One, Trump said he didn’t want global markets to fall, but also that he wasn’t concerned about the massive sell-off either, adding, “sometimes you have to take medicine to fix something.” His comments came after Trump’s aides sought to soothe market concerns by saying more than 50 nations had reached out about launching negotiations to lift the tariffs.

WASHINGTON (AP) — President Donald Trump is imposing a 10% baseline tax on imports from all countries and even higher tariff rates on dozens of nations that run trade surpluses with the United States. It threatens to upend much of the architecture of the global economy and trigger broader trade wars. Trump is declaring a national economic emergency to launch the tariffs, which are expected to produce hundreds of billions in annual revenues. He has promised that factory jobs will return back to the United States as a result of the taxes, but his policies risk a sudden economic slowdown as consumers and businesses could face sharp price hikes on autos, clothes and other goods.

WASHINGTON (AP) — President Donald Trump has signed into law legislation funding the government through the end of September. His signature Saturday ends the threat of a partial government shutdown and caps off a struggle in Congress that deeply divided Democrats. The bill largely keeps government funding at levels set during Joe Biden’s presidency, though with changes. It trims non-defense spending by about $13 billion from the previous year and increases defense spending by about $6 billion. The Senate cleared the legislation on Friday in a 54-46 party line vote, with Democrats helping advance it despite problems with the bill.

WASHINGTON (AP) — American retailers say President Donald Trump’s threatened 200% tariff on European wine would harm consumers. Holly Seidewand owns First Fill Spirits in New York state and says a tariff war hurts importers, distributors and retailers but “consumers will bear the brunt of it.” Ronnie Sanders is CEO of Vine Street Imports in New Jersey and says customers aren’t prepared to pay two or three times more for their favorite wine. Trump on Thursday called the EU among “the most hostile and abusive taxing and tariffing authorities.” Because of the Republican president’s threat, a previously untariffed $15 bottle of Italian Prosecco could cost $45. The European Commission says Europe wants to “negotiate to avoid tariffs.”

WASHINGTON (AP) — The Trump administration believes a renewed emphasis on biosecurity can help in the battle against bird flu and ease egg prices, but the Agriculture Department predicts the current record prices are going to get much worse this year. It’s also not clear how much more farmers can do to keep the virus out. Agriculture Secretary Brooke Rollins offered the first new details about her bird flu plan Wednesday. But USDA predicted this week that egg prices will soar more than 41 percent this year on top of the record average price of $4.95 per dozen.

WASHINGTON (AP) — A federal scholarship aimed at boosting students from underserved and rural areas attending historically Black colleges and universities has been put on hold. The U.S. Department of Agriculture suspended the 1890 Scholars Program, which provided recipients with full tuition and fees for students studying agriculture, food or natural resource sciences at one of 19 universities, known as the 1890 land grant institutions. It’s not clear exactly when the program was suspended, but some members of Congress first issued statements criticizing the suspension of the program on Thursday. A message seeking more detail was left Saturday with the Department of Agriculture.

WASHINGTON (AP) — President Donald Trump has rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports. The Republican is possibly triggering a broader economic confrontation with allies and rivals alike as he hopes to eliminate any trade imbalances. Trump said Thursday: “I’ve decided for purposes of fairness that I will charge a reciprocal tariff.’ The prospect of a dramatic hike on tariffs could send shockwaves through the world economy, possibly depressing growth while also causing inflation to intensify. Most economists say the tariffs would effectively be a tax increase on U.S. consumers. Trump says he’s decided “for purposes of fairness” that he’ll charge reciprocal tariffs.

WASHINGTON (AP) — Brooke Rollins has been confirmed as secretary of agriculture. The Senate confirmed Rollins in a vote Thursday, placing a close ally of President Donald Trump into a key Cabinet position at a time when mass deportation plans could lead to farm labor shortages and tariffs could hit agricultural exports. Rollins acknowledged that Trump’s plans for the mass deportation of people in the country illegally could led to labor shortages on arms. But Rollins said Americans support Trump’s plans and she would work to help the president while also trying to protect farmers. Rollins also promised to “modernize” USDA in line with Trump’s vision for the department.

PALM BEACH, Fla. (AP) — President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China. He’s also claiming that Canada would “cease to exist” without its trade surplus with the United States. The trade penalties that Trump signed Saturday at his Florida resort are causing a mix of panic, anger and uncertainty. And they’re threatening to rupture a decades-old partnership on trade in North America while further straining relations with China. But by following through on a campaign pledge, Trump may have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation. The tariffs are set to launch on Tuesday.

PALM BEACH, Fla. (AP) — President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada and China, fulfilling a campaign promise but raising the prospect of trade conflict and increased prices for American consumers. Trump is declaring an economic emergency to put duties of 10% on all imports from China and 25% on imports from Mexico and Canada — America’s largest trading partners — except for a 10% rate on Canadian oil. The White House said Trump’s order also includes a mechanism to escalate the rates if the countries retaliate against the U.S., as they have threatened. Trump says the tariffs are to force the countries to do more to stop the flow of fentanyl into the U.S.