Canada hits U.S. with $21B in retaliatory tariffs as global trade war heats up
So far, the consequences have been significant, at least as measured by markets. Broad stock indexes have now erased their post-electoral gains as investors rebel against the prospect of higher costs. As the trade barbs flew Wednesday, stocks gave up earlier gains seen following a better-than-expected inflation report that appeared to offer short-term relief. Shares […]
Trump’s economic troubles put Republicans on the defensive
WASHINGTON — President Donald Trump’s full-speed-ahead approach to making radical change has forced his allies to fight from a defensive posture — explaining his plans after they have been executed — and raised alarms in his Republican Party that it could all end in a wreck. The concerns are particularly acute when it comes to […]
Jeanne Shaheen won’t run for re-election, opening another Democratic Senate seat in 2026
Sen. Jeanne Shaheen, D-N.H., announced Wednesday that she will not seek re-election next year, kicking off a competitive race to fill her seat. In a video, Shaheen told her constituents, “Today, I am announcing that I have made the difficult decision not to seek re-election to the Senate in 2026.” “It’s just time,” she said. […]
Trump says he feels ‘very badly’ for fired federal workers but ‘many of them don’t work at all’
WASHINGTON — President Donald Trump said Wednesday that he feels “very badly” for the thousands of civil servants who have lost their jobs in recent weeks but that “many of them don’t work at all.” Asked by NBC News whether he feels responsible for so many people losing their jobs, Trump said: “Sure I do. […]
Local businesses grapple with Trump’s tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Quebec — Fury over President Donald Trump’s steel and aluminum tariffs is fueling growing anxiety across Canada — especially in this working-class Quebec city where some 18% of local jobs are linked to the U.S. Manufacturing accounts for 26% of gross economic output in Drummondville, according to Louis-Charles L Baril, director at the mayor’s […]
Senate Democrats say they will reject GOP’s funding bill as shutdown draws near
WASHINGTON — Senate Minority Leader Chuck Schumer, D-N.Y., said Wednesday that Democrats would reject a government funding bill that Republicans wrote and passed through the House, leaving it uncertain whether Congress can avert a shutdown before Friday night’s deadline. The House on Tuesday narrowly approved a continuing resolution to keep the government funded through the […]
Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs
IE 11 is not supported. For an optimal experience visit our site on another browser. ‘A lot of fear’: Speaker Johnson’s constituents react to potential cuts to Medicaid, food stamps 08:57 Now Playing Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs 18:28 UP NEXT ‘It’s an open question’ whether U.S. headed toward […]
Wisconsin Supreme Court candidates spar over abortion, Elon Musk, George Soros
A pair of jurists vying to be Wisconsin’s next Supreme Court justice sparred Wednesday night ahead of the first major statewide race in a battleground since the 2024 election. The tense one-hour debate in Milwaukee between liberal judge Susan Crawford and conservative judge Brad Schimel focused in large part on reproductive rights and the millions […]
‘It’s an open question’ whether U.S. headed toward government shutdown
IE 11 is not supported. For an optimal experience visit our site on another browser. ‘A lot of fear’: Speaker Johnson’s constituents react to potential cuts to Medicaid, food stamps 08:57 Trump downplays recession fears as Canada hits U.S. with retaliatory tariffs 18:28 Now Playing ‘It’s an open question’ whether U.S. headed toward government shutdown […]
Senate Democrats make their move in the shutdown fight: From the Politics Desk
Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. In today’s edition, we explore the next steps in the shutdown battle after Senate Democrats said they would block the GOP’s […]
EPA administrator announces huge rollback of environmental regulations
Promising to drive “a dagger through the heart of climate-change religion,” Environmental Protection Agency Administrator Lee Zeldin on Wednesday outlined plans for an aggressive rollback of environmental regulations. In a Wall Street Journal opinion piece and an EPA news release, Zeldin announced that he intends to reconsider more than a dozen core EPA rules and […]
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Ukraine agrees to Trump’s 30-day ceasefire plan 01:25 More market turmoil as trade war escalates 00:42 Controversial Marilyn Monroe statue gets new Palm Springs home 01:38 Kentucky distilleries feel impact after Canada pulls U.S liquor from shelves 01:45 […]