US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed down from imposing worldwide higher-rate tariffs,

For weeks, President Donald Trump has plowed ahead with plans to impose steep new tariffs on imports despite warnings that the policy could trigger economic chaos. On April 9, after a multiday plunge in global stock markets,

In today's big story, President Donald Trump's 90-day pause on sweeping tariffs was felt worldwide — with some stakeholders benefiting more than others. What's on deck Markets: A recession is starting right now,

President Donald Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.

Canadian Prime Minister Mark Carney said Wednesday that negotiations with President Trump on the U.S.-Canada economic and security relationships will start after the Canadian federal election. “The pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy,

As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."

The stock market was soaring and the sun was shining when President Donald Trump stepped out of the Oval Office on Wednesday afternoon. Less than two hours earlier, he had retreated from his plans to increase tariffs on many U.

In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies.

The Republican-controlled U.S. House of Representatives will try again on Thursday to pass a measure to move forward on extending President Donald Trump's tax cuts, following a delay caused by party hardliners concerned that the measure does not cut spending enough.

House Republicans will try to hoist their budget framework to approval despite grave misgivings from conservative GOP lawmakers

Conservative hard-liners in the House have refused to green-light a framework for enacting top measures in Trump’s agenda.

Conservative fiscal hawks lined up in opposition to the Senate-passed fiscal blueprint, arguing it would add too much to the nation’s debt. Its collapse would threaten President Trump’s agenda.

House Republicans have abruptly postponed a late evening vote on their budget framework as grave misgivings from conservative GOP lawmakers threw it in flux.

Republican-led U.S. House of Representatives voted on Wednesday to curtail the ability of judges to issue nationwide injunctions blocking government policies after key parts of President Donald Trump's agenda have been stymied by such court rulings.

Pushing the budget framework forward would log another milestone for House Speaker Mike Johnson, who can only lose a few detractors from his slim majority.

Legislation setting the stage for Republicans to pass a broad swath of President Donald Trump's agenda survived an important hurdle on Wednesday afternoon. House GOP lawmakers voted to allow for debate on the legislation,

The U.S. House of Representatives aimed to move forward on Wednesday on a measure that would extend President Donald Trump's 2017 tax cuts, as a handful of hardline Republicans threatened to block a bill they say does not contain enough spending cuts.

This poll shows a steady 47% approval rating for Trump, with a slight decline in his disapproval rating from 51% to 50%. The poll surveyed around 2,200 registered voters. Rasmussen Reports (April 7): Trump’s approval has shifted,

The tariffs' popularity and impact on the economy could be crucial to the outcome of the 2026 midterm elections.

The poll found that Trump’s approval rating dropped 5 percentage points since he announced the tariffs on April 2. The new poll found just 47% of respondents approved of how he

Elon Musk is splitting with Trump over tariff policies. The Supreme Court halted an order for Trump to rehire fired workers. The IRS will share confidential tax data with immigration officials. Trump is signing an executive order to help the dying coal industry.

The brother of Trump ally Elon Musk, Kimbal Musk, slammed President Donald Trump's new tariffs and claimed that the measures would lead to fewer U.S. jobs.

Elon Musk’s younger brother, Kimbal Musk, slammed Vice President JD Vance for his support of President Donald Trump’s sweeping tariffs Wednesday that undermined “under-served communities.” Vance had responded to a post Tuesday that read: “Two weeks ago Democrats were arguing that Trump was only interested in helping his billionaire buddies.

Musk’s cull of agency’s workers disproportionately affected staff overseeing tech on which he has staked Tesla’s future

A top adviser to President Donald Trump and world’s richest man Elon Musk has seen his electric vehicle company’s stock continue to fall. It comes as U.S. stocks ended another tumultuous day lower as markets reel from Trump’s latest threats to crank his tariffs higher.

Elon Musk may have bought himself influence over President Donald Trump’s administration, but public criticism of the president remains out of his budget. Instead — as the world braces for Trump’s tariff regime to go into effect at midnight on Tuesday — Musk is picking fights with a fellow presidential adviser: Senior Counselor for Trade and Manufacturing Peter Navarro.