In a Thursday meeting with Italian Prime Minister Giorgia Meloni, President Donald Trump said he’s “in no rush” to reach trade deals with foreign nations. Meloni met with Trump as Italy’s premier. But she has effectively been “knighted” to represent the European Union after the Republican president placed 10% tariffs on imports from the EU.

President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's what's happening.

Trump’s call for Powell’s ousting comes after the markets tumbled in response to his comments yesterday that tariffs could spur price hikes and further weaken the economy. Trump’s post also came shortly after the European Central Bank lowered rates by a quarter point this morning,

U.S. Federal Reserve Chair Jerome Powell attends a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, D.C., U.S., March 19, 2025.

Just when there seemed to be little hope that Donald Trump would reverse his aggressive tariff plans, Mr. Market saved the day, forcing the U.S. president to reverse course. But what might be at the root of Trump’s U-turn is not concern about tanking markets,

The head of the World Trade Organization warned a steep decline in global trade volume is coming due to President Trump's sweeping tariffs, but the president promises his policies will lead to a boon for U.