03:01

Trump to double steel tariffs to 50%

President Donald Trump announced that he will increase steel tariffs from 25% to 50%, a move that could push up costs for industries relying on steel, including housing and auto manufacturing.

19:30
World News

Trump tariff push given new twist by court setback

A U.S. trade court has ruled against most of President Trump's broad tariff plans, saying he went beyond his legal powers. This brought some relief to financial markets, especially for industries like tech, luxury goods, and auto makers that had been hurt by the tariffs.

08:55
World News

Musk exits his role in the Trump administration

Elon Musk has officially stepped down from his role in the Trump administration, bringing an end to his involvement in the Department of Government Efficiency (DOGE), a cost-cutting initiative he helped lead.

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