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Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Treasury secretary Scott Bessent warned Beijing that its new sweeping export controls on rare earths and critical minerals would force the US and other countries to decouple from China. Speaking alongside US trade … Read more
A broad-based selloff swept global stock markets this morning after U.S. Treasury Secretary Scott Bessent told the Financial Times that China “will be hurt the most” if it doesn’t submit to Washington’s trade demands. At the same time, China showed no signs of backing down from President Trump’s trade war: It imposed sanctions banning Chinese … Read more
President Donald Trump on Friday signed a proclamation that will require a $100,000 annual visa fee for highly-skilled foreign workers and rolled out a $1 million “gold card” visa as a pathway to U.S. citizenship for wealthy individuals, moves that face near-certain legal challenges amid widespread criticism he is sidestepping Congress. If the moves survive … Read more
Copper pipes are displayed in a home rebuilding store on July 9, 2025 in New York City. Spencer Platt | Getty Images President Donald Trump on Wednesday signed on order imposing a universal 50% tariff on copper imports, the latest metal he has targeted with a steep import tax. U.S. copper prices plunged as much … Read more
NEWYou can now listen to Fox News articles! Aaron Rodgers is apparently a big fan of uninterrupted sleep, and that has prompted an odd rule for his roommate, DK Metcalf. The two are sharing a dorm separated by a shared bathroom at Saint Vincent College for Pittsburgh Steelers training camp, which began earlier this week. And … Read more
The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico’s actions to force airlines to move out of … Read more
NEWYou can now listen to Fox News articles! U.S. Secretary of State Marco Rubio announced visa restrictions on a Brazilian judge after the country’s Supreme Court issued search warrants and restraining orders against former President Jair Bolsonaro. Brazilian Supreme Court Justice Alexandre de Moraes, his unspecified allies on the court and his immediate family members … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canada’s Prime Minister Mark Carney will impose measures to counter the oversupply of steel and aluminium imports and may increase levies on the US, as increasingly protectionist measures are deployed in the global tariff war … Read more
Brazil is taxing cryptocurrency profits at a flat rate, having scrapped the monthly exemption previously granted to small-scale investors. Starting June 12, a 17.5% capital gains tax applies to all crypto transactions, regardless of the value or volume, as part of Provisional Measure 1303, introduced by the federal government to increase revenue from financial market … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK, Canada, Australia, New Zealand and Norway have imposed sanctions and other measures on Israel’s ultranationalist finance minister Bezalel Smotrich and national security minister Itamar Ben-Gvir for “their repeated incitement of violence against Palestinian … Read more
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