All three major U.S. stock indexes closed higher on Wednesday after shaking off a lower open, with investors and traders turning to President Donald Trump's planned 4 p.m. Eastern time announcement on ...

T he Dow Jones Industrial Average and other major indexes wavered but ended Wednesday in positive territory ahead of an announcement on more tariffs from President Donald Trump at ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The U.S. had already imposed significant tariffs on China before Trump took office. By January 2023, the U.S. statutory average tariff rate was 19.3%, covering 66.4% of U.S. imports from China, ...