cnbc.com / .cnbc-com-politics / Page 2

The agreement paves the way for Germany's CDU, CSU and SPD to form the country's new government with Friedrich Merz as chancellor.

The European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum.

China on Wednesday said it would increase its reciprocal tariff on U.S. goods to 84% from a previous 34%, amid a deepening trade war between the world's two largest economies.

President Trump brushed off concerns about stock market declines after his tariffs were announced. "America is going to be very rich again very soon," he said.

Judge says White House can't ban AP from Oval Office, Air Force One

"The stock market earthquake from Japan through Europe to America must be survived without nervous decisions," Polish Prime Minister Donald Tusk said Monday.

Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.

Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.

Despite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."

The formula the Trump administration used to calculate his tariffs is bewildering economists.