The 50% duty would match the rate placed on steel and aluminium imports. The president also said he plans to impose a tariff of up to 200% on pharmaceutical drugs.

Welcome to our live blog tracking the latest developments from US President Donald Trump's second term in office. Get ...

Hassett is one of Trump’s closest economic advisers, and is now seen as a preferred pick over earlier favorite Kevin Warsh, a former Fed governor, the WSJ reported. Hassett met Trump over the Fed job ...

Flying cars worth $3m on sale by 2030 It isn’t quite the Jetsons, but AMSL Aero says its flying cars should be operational by the end of the decade as it gears up for its latest capital raise.

White House economic adviser Kevin Hassett is reportedly a serious candidate to become the next chair of the US Federal ...

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...

Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave ...

White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the US Federal Reserve, ...

Trump accused the Fed chair of 'whining like a baby about non-existent Inflation for months, and refusing to do the right ...

White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal ...

WASHINGTON—Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve. One is rising to the top of ...

The president held forth in public for 104 minutes, using a cabinet meeting to express much that is on his mind.