Trump, in a presidential proclamation released Wednesday following a US Commerce Department investigation, said he would instead seek to negotiate agreements with foreign nations to “ensure the United States has adequate critical mineral supplies and to mitigate the supply chain vulnerabilities as quickly as possible.

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION 1. On December 22, 2025, the Secretary of Commerce (Secretary) transmitted to me a

California, the nation’s top import hub, faces economic fallout as the Supreme Court nears a ruling on Trump’s tariffs and presidential trade powers.

The tariffs will allow President Trump to take a cut of Nvidia’s chip sales to China while putting off a decision about imposing higher taxes on the chip industry.

Trump claimed it would be a ‘complete mess’ if the Supreme Court were to strike down his tariffs – a remark that signalled his unease over the impending decision. What are the odds against Trump's tariffs surviving?

President Donald Trump said on Monday that countries that do business with Iran will face a new 25% tariff. The announcement appears to mean goods from China, a major trading partner of both Iran and the United States,

Mr. Trump and his supporters have taken the opposite view, arguing that the strong economy is evidence the president’s economic plan is working perfectly. The president has been able to usher in the highest tariffs in a century with minimal inflation and a booming economy, they say.

Proclamation is part of a broader effort to create incentives for chipmakers ⁠to produce more semiconductors in the U.S.