China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined … Read more
NY Attorney General Letitia James speaks during a press conference on Feb. 14, 2025 in New York City. Michael M. Santiago | Getty Images A dozen states sued President Donald Trump and his administration Wednesday, seeking a court order declaring that his new tariffs on foreign imports are illegal. “The president does not have the … Read more
Boeing is preparing to ask for Federal Aviation Administration approval to ramp up production of its bestselling 737 Max jets to 42 a month later this year, CEO Kelly Ortberg said Wednesday, as airplane deliveries picked up this year and the company narrowed its losses. Boeing reported a first-quarter net loss of $31 million, improvement … Read more
Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts … Read more
Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects “there will be a de-escalation” in President Donald Trump‘s trade war with China in the “very near future,” a person in the room told CNBC. “No one thinks the current status quo is sustainable” with tariff rates at their current levels, Bessent … Read more
President Donald Trump listens to reporters’ questions as he meets with Italian Prime Minister Giorgia Meloni in the Oval Office at the White House on April 17, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump on Monday met with executives from some of the nation’s top retailers, who came to the … Read more
President Donald Trump is registering the worst economic approval numbers of his presidential career amid broad discontent over his handling of tariffs, inflation and government spending, according to the latest CNBC All-America Economic Survey. The survey found that the boost in economic optimism that accompanied Trump’s reelection has disappeared, with more Americans now believing the … Read more
Dozens of Democratic lawmakers are warning that President Donald Trump‘s tariff-heavy trade agenda is quickly starting to resemble a “corrupt scheme to enrich administration officials and those loyal to them.” The Trump administration’s tumultuous rollout of a spate of new tariffs is “rife with opportunities to unduly influence President Trump and other administration officials,” the … Read more