Business
White House Claims China Soybean, Rare Earth Deals After Trump-Xi Summit
Trump administration touts new trade agreements with China on soybeans and critical minerals following president's meeting with Xi Jinping, though details differ.
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Business
Trump Donor CEO Uses Tariffs to Crush Quartz Competitors
Cambria CEO Marty Davis, a Trump donor, successfully lobbied for quartz tariffs that competitors say destroy jobs and raise prices for homeowners.
Business
Hyundai's Top US Lobbyist Exits After One Year Amid Trump Tariff War
Hyundai Motor Group's chief US lobbyist departs after just one year as the South Korean automaker faces punishing tariffs and policy uncertainty under Trump.
Business
Chinese Stocks Drop as Xi-Trump Summit Fails to Ease Trade Tensions
Chinese equities declined as investors took profits following recent tech gains while President Xi Jinping and Donald Trump met, with markets seeking clarity on trade.
Business
Oil Surges 4% as Trump Rejects Iran Ceasefire Response — Asian Markets Mixed
Oil prices jumped over 4% Monday after Trump rejected Iran's ceasefire response, sending mixed signals through Asian markets as Wall Street hit new records.
Business
Trump Tariff Refunds Flow as Feds Process $166B in Claims
Federal agencies quietly launched a working refund process for Trump-era tariffs after Supreme Court ruling, with 330,000 importers eligible for $166B in refunds.
Business
Trade Court Strikes Down Trump's 10% Tariffs — White House Must Issue Refunds
U.S. Court of International Trade rules 2-1 that Trump's global 10% tariffs are unlawful, orders refunds for Washington state and businesses that sued.
Business
Lilly Commits $4.5 Billion to Indiana Manufacturing, Opens Genetic Medicine Facility
Pharmaceutical giant Eli Lilly announces $4.5 billion investment across Indiana manufacturing sites and opens first dedicated genetic medicine facility.
Business
Powell Breaks 113 Years of Fed Precedent — Stays on Board After Chair Term
Jerome Powell defies tradition by remaining on Federal Reserve board until 2028 after stepping down as chairman, citing institutional independence concerns.
Business
EU Official Calls Trump's 25% Car Tariff Threat 'Unacceptable'
European Union trade official rejects Trump's threat of 25% tariffs on EU trucks and cars after president accuses bloc of trade non-compliance.
Business
Trump Tariff Refunds Begin May 11 — Treasury Owes Businesses $166 Billion
First IEEPA tariff refunds launch May 11 after Supreme Court struck down Trump's duties. Treasury owes $166 billion to importers through new CAPE portal system.
Business
Trump Removes Scotch Whisky Tariffs After King Charles Visit
President Trump announced Thursday he will remove tariffs on Scotch whisky following visit from King Charles III and Queen Camilla to the White House.