The Internal Revenue Service is making plans to rescind Harvard University’s tax-exempt status at the behest of the Trump administration. CNN was the first to report on the IRS’ plans Wednesday, with two sources telling the outlet that a decision on the Ivy League’s tax exemption will be released soon.

With billions in the balance, the battle may just be starting between the US government and universities.

President Trump suggested today that Harvard University could be stripped of its tax-exempt status after the school refused to bow to the government’s demands. Federal law prohibits the president from directing the I.

Donald Trump has placed high tariffs on Chinese goods. This is in response to China's control over minerals. These minerals are important for many industries. The US relies on China for these resources.

China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up to Beijing to come to the negotiating table to discuss ending their trade war.

We don’t flood you with panic-inducing headlines or race to be first. We focus on being useful to you — breaking down the news in ways that inform, not overwhelm. China came to Trump’s trade war ready to fight.