Low- and middle-income families and small businesses accounted for well over half of the U.S. population, yet they paid a disproportionate share of their incomes to the government due to IEEPA tariffs.
Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.
In 2021, when Olga Rudenko and other journalists launched the Kyiv Independent, they were committed to making a publication that wouldn't face political pressure from an owner. A few months later, Russia launched a full-scale invasion of Ukraine, and the Independent began reporting breaking news from the front lines.
In some countries, we're going to take those sanctions off until this straightens out. Trump told reporters, although he did not clarify which countries might benefit from this potential policy shift. At present, the United States enforces sanctions that restrict oil trade with several nations, including Iran, Venezuela, Russia, Syria, and North Korea.
