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Markets in Asia reflected investors' continued worries about the economic disruption of President Trump's trade policies.
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The president's aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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South Korea's president removed from office over martial law bid Financial TimesSouth Korea's Yoon removed from office over martial law, election looms ReutersFrom star prosecutor to political collapse: A look at impeached South Korean President Yoon Suk Yeol's career The Indian ExpressSouth Korea Celebrates as President Yoon, Who Declared Martial Law, Is Ousted: Live Updates The New York Times
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Last month, President Trump claimed "nobody has ever heard of" Lesotho. Now, this month, the tiny southern African country has been dealt a massive blow by Trump's tariffs.
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The country has doubled down on its defense relationship with the United States in recent years. President Trump's treatment of allies is prompting some to question the wisdom of that path.
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President Trump reportedly fired National Security Agency Director Gen. Timothy Haugh, who also commanded U.S. Cyber Command, and reassigned civilian Deputy Director Wendy Noble.
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The Chinese government said it would match President Trump's tariff, and also barred a group of American companies from doing business in China.
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University leaders are under pressure to comply with federal executive orders and policy changes or risk losing federal funding. Some college presidents say that makes their jobs more challenging.
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President Trump's 10% baseline tariff on all imports begins Saturday, with the heavier reciprocal tariffs taking effect April 9
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South Korean President Yoon Suk Yeol, who declared martial law and had special forces storm the National Assembly, is removed from office.
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President Donald Trump said he wants Elon Musk to stay on his team "as long as possible" during a conversation with reporters Thursday, adding DOGE had found something "horrible" without divulging details.
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President Trump's expansive new tariff regime reverses a decades-long global trend of lower trade barriers that will likely raise prices for U.S. consumers and threatens to sharply slow the economy.
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Republicans moving ahead with Trump's 'big' bill of tax breaks and spending cuts amid tariff uproar AP NewsSenate sets up final budget sprint PoliticoSenate GOP delays key vote on Trump budget AxiosNew Budget Resolution Is Upside Down, Hurting Families the President Pledged to Serve to Shower Tax Cuts on the Wealthy and Powerful Center on Budget and Policy PrioritiesRepublicans Plan to Skirt Senate Rules to Push Through M
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The president's comment was a rare instance in which he and House Speaker Mike Johnson were not on the same side of an issue.
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The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump's higher-than-expected tariffs set off another round of economic worry.
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