Treasury Secretary Scott Bessent said President Donald Trump is “moving forward” with efforts to revoke Harvard University’s tax-exempt status, ratcheting up the government’s high-profile clash with one of the nation’s wealthiest and most prestigious schools.

President Donald Trump on Friday threatened to put a 25% tariff on Apple products unless iPhones are manufactured in the United States.

President Trump threatened to impose a 50 percent tariff on the European Union (EU) starting next month, arguing the 27-member bloc has been uncooperative and that negotiations have gone nowhere. “The European Union,

After frantically pushing share prices higher and lower for weeks on each twist and turn in Trump’s tariff negotiations, investors are starting to tune out the Trump trade war, focusing instead on rising bond yields and the US budget deficit.

A top Federal Reserve official said the steep cost of President Trump’s major policy bill caught the bond market off-guard, leading to a spike in U.S. interest rates. In a Thursday interview, Federal Reserve Gov.