Markets rebound after Trump's reversal on tariffs

United States stocks skyrocketed higher after President Donald Trump announced the authorization of a 90-day pause on the “reciprocal” tariffs that had gone into effect Wednesday, with the exception of China. Although Wall Street breathed a sigh of relief as the markets rallied, investors said they are not necessarily in the clear.

President Trump's tariffs impact on trade policy

The Senate Finance Committee hosted a hearing on "The President’s 2025 Trade Policy Agenda" on Tuesday morning. The event on Tuesday morning featured conversations surrounding President Donald Trump's tariffs. U.S. Trade Rep. Jamieson Greer answered questions and made comments. Last week, Trump declared foreign trade and economic practices have created a national emergency, and his new order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers. Trump said he refuses to let the U.S. be taken advantage of and believes that tariffs are necessary to ensure fair trade, protect American workers and reduce the trade deficit.

President Trump stands by tariffs plan

President Donald J. Trump is standing by his new tariffs plan, saying it's a short-term pain for a longer-term gain. Last week, Trump declared foreign trade and economic practices have created a national emergency, and his new order imposes responsive tariffs to strengthen the international economic position of the United States and protect American workers. Trump said he refuses to let the U.S. be taken advantage of and believes that tariffs are necessary to ensure fair trade, protect American workers and reduce the trade deficit. University of South Florida Professor Emerita (Political Science) and Political Analyst Dr. Susan MacManus weigh in on the tariffs, as well as the other latest political headlines.

Auto tariffs 101: Should you buy now or later?

Joe McCabe, president and CEO of a provider of automobile industry insights called AutoForecast Solutions, joins FOX 35 to talk about President Donald Trump’s new taxes on imported cars, trucks and auto parts, which are expected to raise the price of imported vehicles by thousands. Those price increases will likely extend to American-made cars, maintenance and even car insurance. Trump said Americans shouldn’t rush to buy cars before the tariffs take effect – he’s betting that his tariffs will cause the U.S. economy to boom.

CIA says lab leak favored as likely COVID origin

The CIA now believes the virus responsible for the COVID-19 pandemic most likely originated from a lab. Here’s what to know about the declassified document released Saturday