Measures designed to protect the struggling US steel industry could also help a cohort of global producers
Day: March 12, 2025
NEW YORK (AP) — U.S. stocks are rising Wednesday after Wall Street got some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war is still knocking stocks around. The S&P 500 was up 0.8% in late trading after skidding between an even bigger early gain and a later loss. The unsettle…
Sir Keir Starmer led European efforts to mend Trump-Zelensky relationship, UK government sources tell the BBC.
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A Manhattan federal court hearing is scheduled Wednesday in a suit challenging the detention of Mahmoud Khalil, a Columbia University graduate student that the Trump Administration is trying to deport over his visible role in pro-Palestinian protests at the New York City university last year.
Mahmoud Khalil will remain detained in Louisiana until at least next week following an initial court hearing in New York on Wednesday over the Trump administration’s plans to deport the Columbia University graduate student for his role in campus protests against Israel. Khalil, 30, didn’t attend — after initially being held in New Jersey, he was moved to an immigration detention center in Louisiana. After Khalil’s Manhattan arrest, Judge Jesse M. Furman ordered that the 30-year-old not be deported while the court considers a legal challenge brought by his lawyers, who want Khalil returned to New York and released under supervision.
Trump eased off of an earlier threat to raise those tariffs to 50% for Canada, with the commerce secretary set to meet Ontario’s premier Thursday.
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. He has promised that the taxes will help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown.
