Washington — Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Sunday that the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic that came to a head in recent days between the historically allied countries continue. “The longer there’s back and forth on the trade front, just like…
The U.S. was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. Canada’s leader countered that it would match the tariffs “dollar for dollar.” In a call with reporters late Friday, U.S. Trade…
Washington — The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market. Somehow, the two neighbors still managed to remain friends, allies and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11….
Defense Secretary Pete Hegseth was scheduled to head to Iowa on Monday to give remarks, speak to veterans and campaign, sources told CBS News, as Republicans try to protect multiple GOP-held seats in Congress. A parade of top Trump administration officials has been traveling to the battleground state in support of GOP candidates and for…
Washington — The Trump administration is dispatching top officials to help campaign for Iowa Republican candidates over the coming days, including Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, Small Business Administration Administrator Kelly Loeffler, Veterans Affairs Secretary Doug Collins and U.S. Ambassador to NATO Matt Whitaker, sources familiar with the matter told CBS…
Washington — After more than a year of negotiations, the Senate on Friday finally passed a bill to impose punishing new sanctions on Russia for its war on Ukraine, approving the measure with overwhelming bipartisan support. Senators had pushed for months for a vote on legislation that would penalize top Russian figures and the biggest…
The Trump administration will impose tariffs of up to 12.5% starting Friday on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, it announced Thursday, a move that will extend the administration’s tariffs on much of the world. Most of the trading partners will face 12.5% tariffs, including Vietnam…
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries. The new tariffs — laid out in a series of proclamations signed by Mr. Trump on Monday — are set to take effect on Aug. 19. The White House…
