The Latest Breaking News from the White House

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy would emerge victorious.

All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bn

Imported goods under $800 will now be subject to duties of either 30 per cent of their value or $25 per item

President Trump established the U.S. Investment Accelerator office to manage CHIPS Act awards and make it easier for investors to build businesses within the U.S.

Trump’s 25 percent tariff could ‘level the playing field’ for Chinese brands insulated from the US market, analyst say.

Russia's top economic negotiator announced Thursday that he was in Washington for talks on improving ties, the highest-level visit by a Kremlin official to the United States since Russia invaded Ukraine.

Musk’s approach has been described as like a ‘chainsaw, not a scalpel,’ the New York Times’ chief White House correspondent Maggie Haberman says

June S&P 500 E-Mini futures (ESM25) are down -3.09%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.42% this morning, pointing to a sharply lower open on Wall Street as sweeping tariffs announced by U.S. President Donald Trump fueled fears of an escalating trade war and economic slowdown.

As the president's victory march comes to a slow, MAGA's parallel universe of propaganda ramps up