U.S. investment under President Donald Trump's administration has reached more than $5 trillion, and is expected to generate hundreds-of-thousands of jobs.
The Chinese government has warned South Korean companies of retributions if they continue exporting products containing its rare metals to U.S. military.
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
Minnesota-based 3M now expects a potential tariff-related hit of 20 cents to 40 cents per share on its 2025 adjusted profit forecast of $7.60 to $7.90.
U.S. environmental groups say they are preparing for a legal showdown with the White House over its sweeping efforts to sidestep federal regulations on oil, gas and coal development.
White House press secretary Karoline Leavitt said the Trump administration has "18 proposals on paper" for trade deals and is "setting the stage" for one with China.
Former Home Depot CEO Bob Nardelli detailed the "monumental task" that awaits President Donald Trump as he seeks to balance the global supply chain and reduce U.S. reliance on others.
