Jerome Powell firmly rejects White House claims of wasteful spending on the Federal Reserve renovation, citing transparency and unavoidable cost increases.
U.S. President Trump will impose a 35% tariff on Canadian goods from August 1, citing fentanyl concerns and trade imbalance amid ongoing bilateral talks.
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions.