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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...
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Trump Eases Global Tariffs but Maintains Stance on Canada



In a surprising move, U.S. President Donald Trump has partially reversed his aggressive tariff policies, pausing the highest levies on several nations for 90 days. However, Canada remains excluded from this reprieve. The baseline 10% tariff on imports to the U.S. persists, alongside specific duties on Canadian goods, including automobiles and energy products.

Trump's decision follows mounting pressure from over 75 countries seeking negotiations to mitigate the economic chaos caused by his "reciprocal" tariff regime. While some nations saw relief, Trump doubled down on tariffs for China, raising them to a staggering 125%.

Canada, meanwhile, has responded with retaliatory measures, including tariffs on U.S. vehicles and other goods. The ongoing trade tensions highlight the complexities of Trump's global trade strategy and its ripple effects on international markets.

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