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A bipartisan bill championed by the late Senator Lindsey Graham has become mired in a dispute over expanding President Trump's tariff power.
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The U.S. continued airstrikes in Iran while Tehran launched retaliatory attacks on U.S. targets in the Gulf, as President Trump said he was close to deciding whether to launch "a massive attack."
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Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.
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The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year.
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Despite threats from President Trump, the overall average weighted tariff on Chinese goods remained about the same, and is now lower than countries like Brazil and Canada.
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The United States launched a fresh barrage of strikes on Iran overnight as President Donald Trump threatened a major new escalation after Tehran opened a second front in its pressure campaign on the world economy.
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President Donald Trump will attend the rescheduled White House Correspondents' Association Dinner Friday night.
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President Donald Trump's push for Japanese self-reliance aligns with the long-standing desire of conservatives in Tokyo to build intelligence capabilities.
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After a delay ordered by President Trump and new tariffs against Canada, the bridge between Windsor, Ontario, and Detroit opens in "underwhelming" fashion on Friday.
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The BBC's Samira Hussain explains how President Trump's tariffs affect US economy, who pays the price, and whether they're working.
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President Trump threatened attacks on Houthi militants after the Iranian ally said it had hit two Saudi Arabian-flagged vessels.
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;Resize=(620)) U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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;Resize=(620)) U.S. President Donald Trump said Thursday a new agreement reached with Saudi Arabia for a civilian nuclear program will require the kingdom to normalize relations with Israel through the Abraham Accords, a move that Saudi Arabia has long rejected.
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