Senate Republicans narrowly voted down a Democratic resolution that would have blocked global tariffs announced by President Donald Trump earlier this month, giving the president a modest win as lawmakers in both parties have remained skeptical of his trade agenda.
And after months of tense negotiations, the U.S. and Ukraine signed a deal that’s expected to give Washington access to the country’s critical minerals and other natural resources, an agreement Kyiv hopes will secure long-term support for its defense against Russia.
Here’s the latest:
Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers
Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday.
The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the U.S. every day — mostly from China — is also forcing businesses that have built their models on sourcing production in China to rethink their practices in order to keep their costs down.
But some might actually benefit from the termination of the duty exemption. For instance, companies that make their goods in the U.S. may feel relief from the competition of cheap Chinese imports, and likely experience a brighter sales outlook.
The move, which applies to goods originating from mainland China and Hong Kong, comes on top of President Donald Trump’s new tariffs totaling 145% on China. Beijing has retaliated with tariffs of 125% on the U.S., fueling a trade war between the world’s two largest economies. Sellers are already seeing cautious consumers.
▶ Read more about the end to the de minimis rule
Harris accuses Trump of ‘wholesale abandonment’ of American ideals in major post-election speech
Former Vice President Kamala Harris used a high-profile speech to sharply criticize Trump amid speculation about whether she will mount another presidential campaign or opt to run for California governor.
In her most extensive public remarks since leaving office in January following her defeat to Trump, Harris said Wednesday she’s inspired by Americans fighting Trump’s agenda despite threats to their freedom or livelihood.
Before Wednesday, Harris had barely mentioned Trump by name since she conceded defeat to him in November.
In a 15-minute speech, she spoke to the anxiety and confusion that have gripped many of her supporters since Trump took office but discouraged despair.
Trump went after Harris in a campaign-style rally Tuesday marking his 100th day in office. He sarcastically called her a “great border czar” and a “great candidate,” and repeated some of the applause lines he routinely delivered during the campaign.
▶ Read more about Harris’ remarks
The Senate votes down resolution to block Trump’s global tariffs amid economic turmoil
Senate Republicans narrowly voted down a Democratic resolution Wednesday that would have blocked global tariffs announced by Trump earlier this month, giving the president a modest win as lawmakers in both parties have remained skeptical of his trade agenda.
The 49-49 vote came weeks after the Senate approved a resolution that would have thwarted Trump’s ability to impose tariffs on Canada. That measure passed 51-48 with the votes of four Republicans — Sens. Susan Collins of Maine, Lisa Murkowski of Alaska and Mitch McConnell and Rand Paul of Kentucky. But McConnell — who has been sharply critical of the tariffs but had not said how he would vote — and Democratic Sen. Sheldon Whitehouse were absent Wednesday, denying Democrats the votes for passage.
▶ Read more about the vote and resolution