Donald Trump Declares Activation Of Section 740 Of DC Home Rule Act

I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days. All other elements of the Agreement will remain the same. Thank you for your attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA Further modifying reciprocal tariff rates to reflect ongoing discussions with the People’s Republic of China By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order: Section 1. Background. In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff to Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits), I found that conditions reflected in large and persistent annual U.S. goods trade deficits, including the consequences of those exploding trade deficits, constitute an unusual and extraordinary threat to the national security and economy of the United States that has its source in whole or substantial part outside the United States. I declared a national emergency with respect to that threat, and to deal with that threat, I imposed certain ad valorem duties that I deemed necessary and appropriate. CHINA ISSUES STATEMENT ON US ECONOMIC AND TRADE TIES - XINHUA SAYS CHINA WILL SUSPEND TARIFFS FOR 90 DAYS

White House on track for Fed Chair announcement this fall. Fed's Bowman & Jefferson are under consideration for the Fed chair as the Trump team widens the pool of Fed chair candidates - Officials. Bessent is weighing Fed Vice Chairs Michelle Bowman and Philip Jefferson, along with Dallas Fed President Lorie Logan, as potential successors to Jerome Powell, with other candidates — including Kevin Hassett, Christopher Waller, Marc Sumerlin, Kevin Warsh, and James Bullard —…

Press conference about law enforcement in the District of Columbia at the White House, in Washington DC