Trump has repeatedly pressed Federal Reserve chair Jay Powell to lower interest rates in an attack on the central bank’s independence. Meanwhile, Congress has passed the president’s flagship budget bill, which is forecast by independent analysts to add trillions of dollars in public debt in coming years.

European Union negotiators are closing in on a trade deal with U.S. President Donald Trump that would cement higher tariffs than those granted to the UK, the Financial Times reported on Wednesday.

After months of promises to overhaul or eliminate the FEMA, President Donald Trump is touting a fast and robust federal response to the devastating Texas floods

Arabica coffee prices trading in New York climbed more than 3.5 per cent on Thursday morning in response to Trump’s threat, before paring gains to trade around 2.5 per cent higher. Brazil is the world’s top producer of arabica coffee, which is used in higher-end brews.