President Trump is proposing a 25% tax on steel brought to the U.S., and a 10% tax on aluminum. The announcement sent the stock market into a tailspin. RNC Spokeswoman Kayleigh McEnany says Americans should not be surprised by the move.
From the time he was a businessman, Donald Trump has criticized America's trade imbalance and pushed for reform. "What President Trump has done is not different then what many Republican president's have done," McEnany said.
President Trump's unpredictability has lead to GOP infighting. McEnany says the RNC appreciates robust debate on all issues, but also encourages Republicans to get behind the President because he is fulfilling campaign promises. She added that the Democratic party is actually the one falling apart ever since it failed to put forward viable presidential candidates back in 2016.
As President Trump prepared to meet on Friday with seven U.S. oil and gas executives at the White House, he announced today that Saudi Arabia and Russia had agreed to enormous cutbacks in their countries' crude production.
New York Gov. Andrew Cuomo made a plea to manufacturers in the state to step up and produce supplies desperately needed to combat the coronavirus outbreak.
The Payroll Protection Program, the centerpiece of the three small business lending programs outlined in the CARES Act, is designed to help businesses keep their employees at a time when income is mostly on pause but expenses are not.
The Democratic National Committee is delaying its convention until the week of Aug. 17. The move comes after prospective nominee Joe Biden said he didn't think it was possible to hold a normal convention in July because of the coronavirus.
The automaker revealed that it will be able to produce 50,000 ventilators in the next 100 days. The ventilators' design has been simplified by the private medical company Airon for easy set-up and quick usage in emergency settings.
It’s April 1, and if you rent your home, chances are good that your rent is due today. But with millions of Americans out of work due to coronavirus, those regular bills are even harder to manage.
President Donald Trump is resisting calls to issue a national stay-at-home order to stem the spread of the new coronavirus. This is despite his administration's projections that tens of thousands of Americans are likely to be killed by the disease.
In a letter to CEOs of DoorDash, Grubhub, Instacart, and Uber, Senator Elizabeth Warren (D-Mass.) called on the employers to provide gig workers with "basic rights and protections" as they perform "essential delivery work."
Stocks are sinking again on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
Former White House communications director Anthony Scaramucci says he's bullish about financial markets, but he's less keen on the way his old boss is handling the coronavirus pandemic.
