Search

The Latest: Trump���s new tariffs lead to the biggest Dow wipeout since 2020 04/03/2025 07:35pm • Financial markets around the world were reeling Thursday following President Donald Trump���s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it. Little was spared as fear flared globally about the potentially higher inflation and weakening economic gro Dow drops 1,600 as US stocks lead worldwide sell-off after Trump���s tariffs cause a COVID-like shock 04/03/2025 06:13pm • NEW YORK (AP) ��� Wall Street shuddered, and a level of shock unseen since COVID���s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump���s newest set of tariffs could do to economies across continents, including his own. The S&P 500 san Trump's tariffs aren't strictly reciprocal. Here's how he calculated them 04/03/2025 06:08pm • WASHINGTON (AP) ��� President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods. What he's actually imposing is based on far more complicated math. Here's a look at how the White House got its numbers: Why Sweeping Trump tariffs shock global economy, drawing threats and calls for talks 04/03/2025 06:06pm • FRANKFURT, Germany (AP) ��� United States President Donald Trump's sweeping new tariffs on American imports shocked governments and investors around the world, swiftly spurring both threats of retaliation and calls for negotiation as industries scrambled and global stocks tumbled. China accused the What to know about the Trump tariffs upending global trade and markets 04/03/2025 06:02pm • WASHINGTON (AP) ��� The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States��� longstanding alliances in Europe and Asia. Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that No more cheap skirts: Trump ends tax exemption for low-value Chinese imports 04/03/2025 05:32pm • A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days are probably numbered. President Donald Trump is ending a little-known but widely used exemption th New Indiana coach Darian DeVries will make $27 million over 6 years plus incentives 04/03/2025 03:30pm • New Indiana coach Darian DeVries' six-year contract will pay him at least $27 million, according to a binding term sheet he signed in March after accepting the job. The document was made public Thursday by the athletic department. DeVries' annual average salary of $4.5 million would have been fourth Why Rihanna's expanding Clara Lionel Foundation is seen as a model for celebrity philanthropy 04/03/2025 02:39pm • NEW YORK (AP) ��� Rihanna is accustomed to defying convention. The nine-time Grammy winner has turned her wide-ranging string of hits, including ���Umbrella��� and ���Work,��� into a business empire worth an estimated $1.4 billion, placing her high on last year's Forbes list of the richest ���self- Canadian prime minister says Canada will match US auto tariffs 04/03/2025 02:00pm • TORONTO (AP) ��� Prime Minister Mark Carney said Thursday that Canada will match U.S. President Donald Trump���s 25% auto tariffs with a tariff on vehicles imported from the United States. Trump's previously announced 25% tariffs on auto imports took effect Thursday. The prime minister said he told These are the places affected by Trump's tariffs 04/03/2025 12:45pm • WASHINGTON (AP) ��� President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars. The tariffs hit allies and rivals alike. The Republican president is placing a 10% baseline tax on trading partners Virginia lawmakers buck Youngkin budget amendments in one-day session 04/03/2025 08:59am • RICHMOND, Va. (AP) ��� Virginia lawmakers addressed scores of legislative vetoes and amendments from Republican Gov. Glenn Youngkin on Wednesday, including the governor's 205 revisions to the state's budget bill that were decisively nixed by the Democratic-led General Assembly. The one-day sessio Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars 04/03/2025 07:30am • WASHINGTON (AP) ��� President Donald Trump announced far-reaching new tariffs on nearly all U.S. trading partners ��� a 34% tax on imports from China and 20% on the European Union, among others ��� that threaten to dismantle much of the architecture of the global economy and trigger broader trade wa Measuring the cost of extending Trump's tax cuts becomes a flashpoint in Congress 04/03/2025 12:02am • WASHINGTON (AP) ��� An obscure but consequential bookkeeping matter has become the latest flashpoint in Congress as Republicans labor to enact President Donald Trump's sprawling tax cut agenda. Senate Republicans are looking to change how extending many of Trump���s 2017 tax cuts would be scored whe Maryland lawmakers approve measure to study reparations for slavery 04/02/2025 09:11pm • ANNAPOLIS, Md. (AP) ��� Maryland lawmakers voted Wednesday to create a commission to study and recommend potential reparations for slavery and the lingering effects of racial discrimination in the state. The 101-36 vote in the Maryland House sends the bill to Gov. Wes Moore, a Democrat who says he w The Latest: Business leaders warn Trump tariffs will raise prices for US consumers 04/02/2025 08:53pm • President Donald Trump announced plans for sweeping tariffs Wednesday, saying ���our country has been looted, pillaged, raped, plundered��� by other nations. The aggressive rhetoric came as Trump showed a willingness to dismantle a global economic system that the United States helped to build after