Trump says 4 on shortlist to succeed Fed Chair Powell, ruling out Treasury Secretary Bessent

NEW YORK, Aug. 5 (Xinhua) -- U.S. President Donald Trump said on Tuesday he has a shortlist of four candidates to succeed Federal Reserve Chairman Jer…[More]

Trump says new pharm, chip tariffs coming in "next week or so"

NEW YORK, Aug. 5 (Xinhua) -- U.S. President Donald Trump said Tuesday that U.S. tariffs on chip and pharmaceutical imports would be coming "within the…[More]

Opinion: U.S. abuse of tariffs has already backfired

People walk past the U.S. Capitol building in Washington, D.C., the United States, Jan. 19, 2025. (Xinhua/Wu Xiaoling) While trying to bully its way t…[More]

Texas Democrats' walkout strategy works, but may only for now

HOUSTON, Aug. 4 (Xinhua) -- Texas Democratic lawmakers on Monday blocked the Republican-controlled state legislature from advancing a controversial re…[More]

Trump threatens to "substantially" hike tariffs on Indian goods, India says to take necessary measures

Photo taken on June 22, 2022 shows the White House and a stop sign in Washington, D.C., the United States. (Xinhua/Liu Jie) "Like any major economy, I…[More]

Trump says U.S. nuclear submarines deployed to "where they have to be"

WASHINGTON, Aug. 4 (Xinhua) -- U.S. President Donald Trump said Sunday that two nuclear submarines have arrived "where they have to be," two days afte…[More]