President Donald Trump rejected the possibility of raising taxes on millionaires, arguing the policy could prompt them to leave the country.

The vice president and budget director are viewed internally as open to the idea, but some conservatives warn of “Bernie Sanders economics.”

US President Donald Trump is planning to spare carmakers from some of his most onerous tariffs, in another trade war climbdown following intense lobbying by industry executives over recent weeks. The move would exempt car parts from the tariffs that Trump is imposing on imports from China to counter fentanyl production,

US President Donald Trump has signaled a major U-turn on his trade war with China, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.”

President Donald Trump said final tariffs on goods from China would "not be anywhere near" the current rate of 145%, and would "come down substantially." During a press conference in the Oval Office on Tuesday,

Donald Trump has said he has “no intention” of firing the Federal Reserve chair Jay Powell, after indications that he could sack him sparked a sell-off in markets. The president has repeatedly hit out against the Fed chair’s refusal to cut interest rates and last week signalled he believed he could dismiss Powell before his term as central bank head comes to an end in May 2026.

Gold prices soared to a record high, hitting the crucial $3,500 mark on Tuesday, as concerns over U.S. President Donald Trump's criticism of Federal Reserve Chair Jerome Powell dampened risk sentiment and drove investors towards safe-haven bullion.

The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump’s intention to oust Federal Reserve Chair Jerome Powell weighed on investors.

The U.S. Supreme Court has acted in a series of cases involving challenges to executive orders signed by President Donald Trump and actions by his administration since he returned to office in January.

President Donald Trump on Monday criticized the Supreme Court for hindering his administration’s efforts to deport migrants without due process, saying it would be impossible to afford a trial for everyone it’s seeking to deport.