That leverage came from the singular importance of the US market to the global economy. Trump’s personal belief in the utility of tariffs – and willingness to let them go into place and then, if necessary, escalate to shut down any retaliatory efforts – only served to enhance that reality.

U.S. President Donald Trump intensified his trade war with Canada a day ahead of his August 1 deadline for a tariff agreement, saying it would be "very hard" to make a deal with Canada after it gave its support to Palestinian statehood.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.

The Russian president says Moscow's initial tough demands must be met, despite a looming US sanctions deadline.

Russian President Vladimir Putin said his war goals in Ukraine are unchanged, as he dismissed US pressure for a ceasefire.

Billionaires Elon Musk and Jeff Yass along with crypto industry donors helped President Donald Trump raise $236 million for his political operation in the first six months of 2025 — an unprecedented sum for a second-term president.

President Trump’s super PAC is sitting on about $200 million that it can spend against his rivals, giving a term-limited president a never-before-seen amount of power in his party’s finances and future.