Latest News Updates From Josh Wingrove

President Donald Trump said the federal government was still looking at a rescue plan for Spirit Airlines and would offer a final proposal. 

President Donald Trump claimed that the EU had failed to fully comply with a trade agreement negotiated with the U.S.

The administration has rushed to construct a new tariff regime after the Supreme Court ruled that the president violated the Constitution by imposing many of his previous duties using an emergency law. 

The president has asked aides why he shouldn’t withdraw from the pact, which he signed during his first term, though he has stopped short of flatly signaling that he will do so, Bloomberg reports.

Under an order Trump signed on Jan. 14, the government would collect the duty on the chips as they’re brought to the U.S. before final shipment to Chinese customers and other foreign markets.

The Supreme Court held an opinion day Jan. 9, but no decision came on the legality of the president’s sweeping levies imposed under the International Emergency Economic Powers Act. 

An ongoing row between Japan and China centered around Taiwan threatens to inject fresh tensions into the Trump-Xi relationship and complicate ties.

The Trump administration is launching a trade investigation that opens the door to new tariffs on Chinese goods, ratcheting up tensions before a highly anticipated Trump-Xi summit next week.

The move cements the terms of the framework trade agreement the two sides struck this summer.

Trump in a social media post on Aug. 12 resumed his criticism of the Fed chair over the central bank’s decision to hold interest rates steady and again hammered Powell over the renovation work.