Donald Trump is showing why independent central banks are a good idea. The president’s double tirade against Federal Reserve Chairman Jerome Powell on Thursday conjured another dark cloud over financial markets and an economy repeatedly traumatized by his tariff and trade-war chaos.

U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.

President Trump claimed progress on multiple fronts in developing trade talks on Thursday as his tariff policy disrupts global trade relationships and increasingly hones in on China. Trump was optimistic about negotiations with China,

In a Tuesday social media post, President Donald Trump claimed he will protect farmers and said he recognizes he had to support them financially during his first administration after they were hit by a trade war with China.

Trump's claim of $2 billion daily tariff revenue is contradicted by US Customs and Treasury data, which show much lower amounts collected.

Donald Trump has enacted massive tariffs on imports from China. Businesses in Los Angeles say they're concerned the tariffs could put them out of business.