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Joseph Zeballos-Roig

Joseph Zeballos-Roig

New Republic

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Trump says the U.S. has reached a trade deal with Japan that leaves 15% tariffs locked in

The agreement, if confirmed, signals a broader protectionist shift in policy that’s establishing the highest U.S. tariffs in a century

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Joseph Zeballos-Roig

White House aides schedule visit to Federal Reserve renovation site in escalating campaign against Powell

Trump also mulled a new tax break to provide relief on housing prices, though it was unclear how it would be structured

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Joseph Zeballos-Roig

Treasury Secretary Scott Bessent opens the door to extending deadline for U.S.-China trade deal

In a new interview, Bessent said he'll be meeting with Chinese officials next week to discuss a trade agreement

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Joseph Zeballos-Roig

Scott Bessent says he wants a probe into 'the entire Federal Reserve institution'

The Trump administration shows no signs of de-escalating its crusade against the Fed for holding interest rates steady

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Joseph Zeballos-Roig

Trump denies that Scott Bessent talked him out of firing Jerome Powell

Trump has expressed fury at the Federal Reserve for not cutting interest rates. A new report says his Treasury Secretary persuaded him not to fire...

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Joseph Zeballos-Roig

Trump eyes up to 20% tariff on all E.U. imports for trade deal

The White House is pushing at least 15% to 20% tariff on all European Union imports, according to a new report

18.07.2025 0

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Joseph Zeballos-Roig

Jerome Powell defends the Fed's renovation project as Trump allies raise the stakes

The Federal Reserve chair sent a letter to the White House meant to counter a litany of attacks on the central bank's costly renovation project

18.07.2025 2

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Joseph Zeballos-Roig

Key GOP senator warns of bond-market backlash if Trump fires Powell

Concerns have flared among Republicans that Trump could set off a bond-market meltdown if he tries installing an acolyte before Powell's term ends

17.07.2025 1

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Joseph Zeballos-Roig

Trump's search for the next Federal Reserve chair has kicked off

Trump praised Scott Bessent as an option to replace Jerome Powell, but said the Treasury Secretary isn't at the top of the list

16.07.2025 1

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Joseph Zeballos-Roig

Trump privately signals he'll fire Fed Chair Jerome Powell — but backs off in public

Trump suggested to a group of GOP lawmakers that he will fire the Fed chair. But he later signaled he would let Powell finish his term

16.07.2025 1

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Joseph Zeballos-Roig

Trump says the U.S. will impose 19% tariffs on Indonesia in a new trade deal

Indonesia is among the top 25 U.S. trading partners, and U.S. trade with the country totaled $38.3 billion last year

16.07.2025 2

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Joseph Zeballos-Roig

Trump throws the sugar industry a fresh lifeline with new restriction on imports

The USDA says that U.S. sugar growers lost 15% of the market to imports in the past two decades

15.07.2025 1

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Joseph Zeballos-Roig

A new tax on Mexican tomatoes just kicked in — and Americans might feel it soon

A little-noticed import tax on tomatoes from Mexico kicked in on Monday, and experts say shoppers will likely see higher prices

15.07.2025 10

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Joseph Zeballos-Roig

Trump says he'll slap 100% tariffs on Russia if Putin doesn't make a Ukraine peace deal soon

It's a sign that Trump may be inching closer to penalizing Russian President Vladimir Putin after grousing he feels strung along

14.07.2025 1

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Joseph Zeballos-Roig

A Fed renovation project is the latest front in Trump's fight against Jerome Powell

Fed Chair Jerome Powell has requested a review of the project by the central bank's inspector general as Trump and his allies look for a cause to fire...

14.07.2025 1

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Joseph Zeballos-Roig

Trump threatens Mexico and the European Union with 30% tariff, blowing up trade talks

Trump's tariff threats are prompting countries to disentangle themselves from the U.S. and buy and sell more elsewhere

12.07.2025 10

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Joseph Zeballos-Roig

Trump threatens a 35% tariff on Canada — and a blanket import tax on everyone else

It was the latest missive in a week full of tariff saber-rattling. Stocks fell on the latest trade tensions

11.07.2025 2

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Joseph Zeballos-Roig

Trump issues another round of tariff threats to six countries

Libya, Iraq, the Philippines and Algeria are among the countries targeted in Trump's latest tariff threats

09.07.2025 4

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Joseph Zeballos-Roig

Trump's tariffs could cost American households around $2,300, analysis says

The Yale Budget Lab analysis calculated the impact of tariffs on consumers, as well as on the current tariffs levied on Vietnam, China, and others

08.07.2025 3

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Joseph Zeballos-Roig

Trump says he'll impose 50% tariff on copper and hints at supersized rate on pharmaceuticals

Trump suggested that pharmaceutical manufacturers will have up to 18 months to build a new U.S. supply chain and avert a tariff that could total 200%

08.07.2025 2

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Joseph Zeballos-Roig

Trump is telling countries their new tariff rates on social media

The White House sent letters threatening tariffs on South Korea, Japan and other countries. But the door was left open to negotiate out of them by...

07.07.2025 3

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Joseph Zeballos-Roig

Trump's tariff deadline might be moving to August

Remarks by Trump and Treasury Secretary Scott Bessent signaled that a July 9 deadline may be extended to avoid triggering market disruption

07.07.2025 2

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Joseph Zeballos-Roig

GOP megabill passes the House and heads to Trump's desk

Almost every House Republican who lambasted the legislation ended up voting for it, a testament to Trump's solidified grip over the party.

03.07.2025 2

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Joseph Zeballos-Roig

Republicans are about to tax the money migrants send home. It could backfire

The provision in the GOP's megabill is seen as part of Trump's immigration crackdown. But it could eventually increase illegal migration to the U.S.

03.07.2025 2

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Joseph Zeballos-Roig

American kids of undocumented immigrants could get $1,000 'Trump Accounts' under late changes to GOP megabill

It was an unusual outcome for a Trump-backed spending bill, one that raised eyebrows about unintended consequences from the GOP's sprint to the finish

02.07.2025 10

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Joseph Zeballos-Roig

Republicans nix controversial measure that would have blocked states from regulating AI

The provision stirred opposition from governors in both parties as well as state officials who warned the AI sector was escaping accountability

01.07.2025 3

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Joseph Zeballos-Roig

Trump and Elon Musk are feuding again as the GOP's megabill hangs in the balance

Trump floated having the Department of Government Efficiency scrutinize the billionaire who launched it — and pointedly didn't rule out deporting Musk

01.07.2025 4

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Joseph Zeballos-Roig

Trump sent Fed Chair Jerome Powell a hand-written note attacking him over interest rates

Trump's diatribe was an extension of his long-running campaign against the Fed for not cutting interest rates

30.06.2025 3

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Joseph Zeballos-Roig

Canada is ditching a tax that infuriated Trump to restart trade talks

The White House took a victory lap after the Canadian reversal. Now the U.S. and Canada want to lock in a trade deal by July 21

30.06.2025 2

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Joseph Zeballos-Roig

Trump flirts with unilaterally imposing tariffs on trading partners ahead of July 9 deadline

Trump said his trade negotiating team still prefers to cut deals over issuing letters amounting to a take-it-or-leave-it diktat

29.06.2025 2

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Joseph Zeballos-Roig

Elon Musk renews his attacks on Trump's big bill, calling it 'massive strategic error'

Senate Republicans are in the middle of muscling through their bill over united Democratic opposition

29.06.2025 9

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Joseph Zeballos-Roig

The Trump administration moves to strip 'revenge tax' from GOP megabill

The measure had attracted considerable scrutiny from investors who feared it would diminish appetite for foreign investment in the U.S

28.06.2025 9

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Joseph Zeballos-Roig

The U.S. and China have reached a trade deal that eases tech and rare earth restrictions

Negotiations toward a broader trade deal are ongoing, but the initial accord could help reduce economic tensions that had reached a boiling point

28.06.2025 6

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Joseph Zeballos-Roig

Trump abruptly ends trade talks with Canada over tax on U.S. tech

The president also threatened to impose another round of tariffs, injecting fresh turmoil into U.S. relations with one of its biggest trading partners

28.06.2025 20

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Joseph Zeballos-Roig

The $4 trillion argument over the cost of Trump's big bill

Republicans are relying on a special budget trick to wipe away the cost of their tax package. Even some GOP experts are crying foul

25.06.2025 30

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Joseph Zeballos-Roig

Fed Chair Jerome Powell says Jamie Dimon is wrong about a coming 'crack' in bond markets

Jamie Dimon has warned of a backlash in financial markets as a response to the U.S's worsening fiscal picture

24.06.2025 3

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Joseph Zeballos-Roig

Fed Chair Jerome Powell says Trump's tariffs are delaying interest rate cuts

Little from the central bank chief's testimony on Capitol Hill suggested that he would give a thumbs-up to lowering borrowing costs next month

24.06.2025 9

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Joseph Zeballos-Roig

Health insurance companies say they'll make things simpler

A collection of large insurers including Humana, Cigna, UnitedHealthcare, and Blue Cross Blue Shield are pledging to cut red tape

23.06.2025 6

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Joseph Zeballos-Roig

Another Fed leader backs a July interest rate cut as inflation fears ease

Fed Governor Michelle Bowman said tariffs haven't provoked a sustained spike in prices and there's been less volatility than many economists feared

23.06.2025 8

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Joseph Zeballos-Roig

Trump demands 'everyone' keep oil prices down after U.S. airstrikes on Iran

A Trump administration official said the administration will remain in "close coordination" with key oil producers

23.06.2025 10

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Joseph Zeballos-Roig

Trump gets some back-up in his crusade against the Fed's Jerome Powell

Bill Pulte, director of the Federal Housing Finance Agency, demanded Powell's resignation in a Fox Business interview

21.06.2025 10

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Joseph Zeballos-Roig

A Fed governor says it's almost time to cut interest rates

Federal Reserve Governor Christopher Waller argued for a July interest rate cut since he doesn't expect a tariff-induced inflation spike to linger

20.06.2025 3

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Joseph Zeballos-Roig

Consumer finance watchdog avoids getting defunded in Trump's big bill

A Senate official decided that Republicans can't nix the Consumer Financial Protection Bureau in their big bill

20.06.2025 3

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Joseph Zeballos-Roig

The Senate passed a major cryptocurrency bill — a big victory for digital assets

The digital asset sector has long craved legitimacy through federal regulation

19.06.2025 20

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Joseph Zeballos-Roig

Social Security's trust fund could run out of money in less than a decade, jeopardizing benefits

The trustees warned that Social Security's depletion date moved up by two years since the previous report

19.06.2025 4

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Joseph Zeballos-Roig

Trump says he just can't get Fed Chair Jerome Powell to cut interest rates: 'I think he hates me'

The president insulted Powell anew and toyed with installing himself as Fed leader before the central bank again held rates steady

19.06.2025 10

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Joseph Zeballos-Roig

Trump railed against socialism in his campaign. He's flirting with it as president

Trump has been comfortable deploying the power of government to achieve specific economic outcomes, diverging from the GOP's traditional free-market...

19.06.2025 3

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Joseph Zeballos-Roig

Trump says China is 'not easy.' Lutnick says trade talks are 'going well'

U.S. trade negotiations with China entered their second day on Tuesday, as U.S. officials expressed optimism on the direction of the talks aimed at...

10.06.2025 10

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Joseph Zeballos-Roig

Car companies are in 'full panic' as China blocks rare-earth magnets

Auto companies are feeling the hit from recent Chinese export controls on rare earth magnets.Read more...

09.06.2025 7

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Joseph Zeballos-Roig

Anthropic's CEO has a problem with the GOP's push to stop states from regulating AI

Anthropic CEO Dario Amodei is pushing back against Republican efforts to impose a decade-long ban on states regulating artificial intelligence...

05.06.2025 3

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Joseph Zeballos-Roig