U.S. debt hits $40 trillion faster than investors expected
The landmark number was reached in part because of lost revenue from invalidated tariffs.
Last updated: 2026-08-20 01:11:12 ET
The landmark number was reached in part because of lost revenue from invalidated tariffs.
President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been hampered by spending on the Iran war, ...
Trump's new tariffs on about $20 billion worth of Canadian goods were set to take effect Wednesday, but were postponed by three days.
Global supply chains are facing a “double whammy” of disruptions at critical choke points like the Red Sea and Strait of Hormuz. Oliver Sawbridge ...
The U.S. is considering a plan to lower tariffs on Canadian steel and aluminum from 50% to 25%, while top-line automobile levies could fall from 25% t...
Prime Minister Carney hailed "significant progress" in trade talks as the two countries seek to hammer out final details ahead of a new weekend tariff...
President Trump took questions from reporters on North Korea, Canadian tariffs, Iran and more. Plus, CBS News' Eleanor Watson has the latest headlines...
A temporary tariff suspension has bought Canada and the U.S. additional time to complete a trade agreement and avoid costly tariffs. The post Trump hi...
President Trump hit pause on massive 50% tariffs levied against Canada, saying that he is negotiating a deal. This comes as Mr. Trump hints at resurre...
President Donald Trump teased bringing the long-stalled Keystone XL pipeline back to life Tuesday
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