President Donald Trump’s tariffs on aluminum and steel imports are mostly driven by concerns that China is glutting global markets and hurting U.S. manufacturing, a former trade adviser to the White House said.

U.S. Defense Secretary Pete Hegseth has asked some parts of the military to propose what could be cut as part of a potential 8% spending reduction for them over each of the next five years, U.S. officials said on Wednesday, although it was unclear if the total defense budget would shrink.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world US President Donald Trump said a fresh trade deal with China was possible,

President Donald Trump has launched an aggressive push for a brand-new trade deal with China, aiming to rewrite the economic relationship between the world’s two largest economies. According to a report from the New York Times,