FLASHBACK: Trump’s ‘Liberation Day’ tariffs hit one-year mark as economists split on fallout

A year ago today, President Donald Trump announced a sweeping new round of global tariffs, escalating trade tensions with key allies and adversaries alike, raising fresh concerns about the outlook for the U.S. and global economy. The “Liberation Day” tariffs were introduced as a broad set of import taxes that Trump said would correct long-standing … Read more

Expert flags ‘disappointing’ questions from justices in Trump birthright citizenship case

President Donald Trump’s executive order ending birthright citizenship for the children of illegal immigrants appears to be in jeopardy following Supreme Court oral arguments on Wednesday.  Supreme Court justices pursued what Amy Swearer, a senior legal fellow at Advancing American Freedom, described as a “disappointing” line of questioning. Liberal and conservative Supreme Court justices appeared … Read more

US lifts sanctions on Venezuela’s acting president Delcy Rodríguez

US moves towards reestablishing working relations between two countries after abducting President Nicolás Maduro The US has lifted sanctions on Venezuela’s acting president, Delcy Rodríguez, in the latest step towards normalising relations between the two countries after US forces abducted her predecessor, Nicolás Maduro, and his wife. The couple were taken to New York after … Read more

‘From high flyer to dead parrot’: former billion-dollar eco-shoe brand Allbirds sold for $39m

Once-hyped, celebrity-backed company snapped up by American Exchange Group for fraction of former value Business live – latest updates Allbirds, the San Francisco sustainable trainer brand once valued at more than $4bn, is being sold for just $39m (£29.6m) after global demand for its wool-based footwear failed to materialise. American Exchange Group, the owner of … Read more

Trump Vows to Hit Iran ‘Extremely Hard’ in Coming Weeks

President Donald Trump delivered a prime-time address to the nation on Wednesday, declaring military success against Iran and making his case for what he says will be several more weeks of war. “We’re going to hit them extremely hard over the next two to three weeks. We’re going to bring them back to the Stone … Read more

Senate passes bill to fund most of DHS after House GOP caves

The 48-day Department of Homeland Security shutdown is one step closer to ending after the Senate moved to fund most of the department Thursday morning. The Senate agreed via voice vote to send a bipartisan deal funding the whole department except for President Donald Trump‘s immigration enforcement and border security efforts to the House for … Read more