Tariffs on South Korean autos, pharma, to rise to 25%

U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s…

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How to open a Trump account when filing your tax return

Stefanikolic | E+ | Getty Images As tax season opens Monday, families with minor children have the option to register for Trump accounts — plus a one-time federal government contribution — when filing 2025 returns.  Enacted via President Donald Trump‘s “big beautiful bill,” Trump accounts were designed to start early wealth building with a one-time…

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Nikkei 225, Hang Seng Index, Kospi, gold, Canada

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose…

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Minnesota CEOs call for deescalation

An undated handout image of Alex Pretti, who was fatally shot by U.S. immigration agents as they tried to detain him in Minneapolis, Minnesota, obtained by Reuters on Jan. 25, 2026. U.S. Department Of Veterans Affairs | Via Reuters Major Minnesota business leaders on Sunday called for an “immediate deescalation of tensions” after federal immigration…

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Trump accounts get supercharged by employer matches

Soon, parents and guardians can open a Trump account for their children — and a number of large employers are piling on the incentives to get set up. For starters, babies born in 2025 through 2028 may receive a one-time $1,000 contribution from the Department of the Treasury. There are no income requirements, and all U.S. families are…

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How we navigated the wild week on Wall Street

It was a tumultuous week for investors. President Donald Trump ‘s threat to increase tariffs on eight European countries for opposing his bid to take over Greenland sent the stock market into a tailspin on Tuesday, with the S & P 500 and Nasdaq posting their worst days since October. Both averages rebounded the next…

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