News

German Chancellor Friedrich Merz arrived Thursday in Washington to meet with President Donald Trump in person for the first time at the White House. The topics of discussion ranged from tariffs and trade to Russia’s war on Ukraine and the state of the Middle East. Before their meeting, Merz had said that he was looking […]

President Trump spoke to Chinese President Xi Jinping on Thursday morning, with the President saying the two leaders spoke for 90 minutes and addressed issues surrounding a temporary truce reached on May 12 that was meant to alleviate the escalating trade war between the two countries. According to Chinese officials and state media, the conversation […]

The United States doubled its tariffs on steel and aluminum to 50% on Wednesday, as part of President Trump’s broader trade policy. The new rates took effect at midnight Eastern time in a move that cast a shadow over the Organization for Economic Cooperation and Development (OECD) ministerial meeting underway in Paris. Trump’s aggressive tariff […]

According to a new report from the Congressional Budget Office (CBO), the major legislative package backed by President Trump known as the “One Big Beautiful Bill Act” could increase the federal deficit by $2.4 trillion over the next decade.  The updated estimate slightly exceeds the CBO’s earlier projection of $2.3 trillion in additional debt tied […]