President Donald Trump’s increased tariffs on all US steel and aluminum imports took effect on Wednesday, stepping up a campaign to reorder global trade in favor of the US and drawing swift retaliation from Europe.

US President Donald Trump will exempt automakers from his punishing 25 percent tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules, the White House said on Wednesday, a development that halted at least for now Wall Street’s steepest skid in nearly three months.

The annual winter address to Congress is usually a US president’s chance to urge legislators to pass his agenda. Donald Trump, appearing before lawmakers on Tuesday for the first time since returning to the White House, instead explained how he planned to ignore lawmaking in favor of executive action.

Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build “cutting edge” manufacturing facilities, President Donald Trump said on Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.

US consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, setting up the economy for weak growth or even a contraction this quarter.

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump’s election win triggered a wave of excitement across the industry.

The minerals deal that US President Donald Trump could soon sign with Ukraine may not be the colonial-style asset grab it appears to be. President Volodymyr Zelenskiy can still turn it to his country’s long-term advantage.

US President Donald Trump suggested on Wednesday that a trade deal was “possible” with China -- a key target in the US leader’s tariffs policy.

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.

President Donald Trump on Friday kept alive his drumbeat of tariff threats, saying levies on automobiles would be coming as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import duties as he seeks to reshape global trade.

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US’ favor.

US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app’s future in the country faces uncertainty.

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.

Donald Trump’s recent threat to impose 25 percent tariffs on Canada and Mexico is a negotiating tactic, the president’s long-time informal economic advisor argued Wednesday.

Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

The United States on Monday unveiled new export rules on advanced computing chips used for artificial intelligence, aiming to facilitate sales to allied nations and further curb access to countries like China.

US job gains soared past expectations in December, according to government data released Friday, in a sign the labor market remains healthy shortly before President-elect Donald Trump’s inauguration this month.

ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.

US President-elect Donald Trump said on Friday the European Union should step up US oil and gas imports or face tariffs on the bloc’s exports that include goods such as cars and machinery.