Trump Administration Prepares New Tariffs on Steel and Aluminum

The Trump administration is simplifying the tariff system for steel and aluminum to reduce the burden on US companies.

The Trump administration is preparing to implement a tiered tariff structure on steel and aluminum products. This move aims to simplify a calculation process that has burdened American companies for several months. The new tariff system is expected to reduce administrative complexities. Companies have faced significant challenges under the previous structure. These changes are intended to streamline trade operations.

Latest news

See all news

2026-04-02T13:43:16+00:00

Nearly Half of US Students Consider Changing Majors Due to AI

A poll by Lumina and Gallup found that 47% of US students are contemplating a major change due to AI's impact on the job market. Men and students in tech and professional fields are more receptive to this idea.

Economy Country

2026-04-02T13:27:06+00:00

KKR Raises $23 Billion for North America Fund

KKR has successfully closed its main North America investment fund, raising approximately $23 billion. The capital will be deployed for mergers, acquisitions, and other opportunities in the region.

Economy Country

2026-04-02T13:25:41+00:00

U.S. Stock Futures Fall After Trump Speech

U.S. stock futures declined following President Trump's speech that ended a recent rally. The market reacted to his trade and economic statements. Analysts anticipate this drop to be temporary.

Economy Politics Country

2026-04-02T10:39:55+00:00

Woman in US Reports Workers to Police to Avoid Paying Them

A scandal erupted in the US state of Maryland after a woman, who hired undocumented immigrant workers, called immigration authorities shortly before the job was completed to avoid paying them nearly $10,000. A video of the incident, showing ICE agents detaining workers directly on the roof of a house, has sparked widespread public outrage.

Politics Economy Events Country

2026-04-02T10:35:00+00:00

Global Markets Retreat Amid Iran Tensions

Global markets retreated as escalating tensions over Iran rattled investors, sending stocks lower and oil prices sharply higher. Concerns grew over prolonged disruptions to the Strait of Hormuz... Oil prices climbed above $100 per barrel after US President Donald Trump warned of continued military action with no clear end timeline.