The U.S. trade war with China just got kicked up another notch.
The White House on Wednesday proposed a 25 percent tariff on $200 billion worth of Chinese goods, more than double the 10 percent tax rate originally planned.
U.S. trade representatives are trying to re-engage China in trade talks to de-escalate tensions between the two countries. Advisers reportedly told President Trump that China's authorities would be more likely to yield if higher tax rates were imposed.
Last month, the administration imposed a 25 percent tariff on $34 billion worth of Chinese goods, mostly machines and components. When Beijing immediately retaliated, Trump proposed additional taxes on $200 billion in importsーthis time affecting more consumer goods like furniture and computers.
Raising the proposed tax rate on those goods means extending the deadline for public comment on the plan from August 30 to September 5.
California's reparations task force voted to approve recommendations for how the state should compensate Black residents for discriminatory policies.
As fears of a national debt default rise, House Minority Leader Hakeem Jeffries told NBC's "Meet the Press" that he isn't ruling out a short-term bill to raise the debt ceiling. At the same time, he said he doesn't think "the responsible thing is to kick the can down the road."
The Biden administration is starting work on new regulations it says will expand the rights of airline passengers.
In a TV interview Sunday, Yellen didn't rule out President Joe Biden acting on his own to try to avert a first-ever federal default.
North Carolina lawmakers on Thursday approved and sent to the governor a ban on nearly all abortions after 12 weeks of pregnancy, down from the current 20 weeks, in response to last year’s overturning of Roe v. Wade at the U.S. Supreme Court.
Associate Justice Clarence Thomas joins other members of the Supreme Court as they pose for a new group portrait, at the Supreme Court building in Washington, Oct. 7, 2022. A Republican megadonor paid two years of private school tuition for a child raised by Supreme Court Justice Clarence Thomas, who did not disclose the payments, a lawyer who has represented Thomas and his wife acknowledged Thursday. (AP Photo/J. Scott Applewhite, File)
Former Proud Boys leader Enrique Tarrio and three other members of the far-right extremist group were convicted Thursday of a plot to attack the U.S. Capitol.
Florida Republicans on Wednesday approved bills to ban diversity programs in colleges and prevent students and teachers from being required to use pronouns that don't correspond to someone's sex, building on top priorities of Republican Gov. Ron DeSantis.
New York state is banning natural gas stoves and furnaces in most new buildings in an effort to reduce greenhouse gas emissions.
Authorities in the U.S. and Europe arrested nearly 300 people, confiscated over $53 million, and seized a dark web marketplace as part of an international crackdown on drug trafficking that officials say was the largest operation of its kind.
