After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
Category: Bessent, Scott
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Oil Prices Barely Budge After Trump Lifts Russia Sanctions
The New York Times – Business: -
Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
The New York Times – Business:America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.
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A Trump-Xi Summit Nears, but China Doesn’t Know What Trump Wants
The New York Times – Business:Trump’s agenda for the high-stakes meeting remains unclear to Beijing, Chinese analysts say, while American executives say they haven’t been invited along.
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How Trump and His Advisers Miscalculated Iran’s Response to War
The New York Times – Business:In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
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Businesses Push for Tariff Refunds as Trump Aides Hint at Fight to Come
The New York Times – Business:By the president’s own admission, it could be years before the matter is settled, even though the administration previously indicated it would pay.
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For America’s 250th, Should the Coin of Trump’s Realm Be Gold?
The New York Times – Business:A federally appointed committee is pushing back on plans to mint gold currency depicting President Trump.
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Tariff Turmoil Returns to Global Markets
The New York Times – Business:Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
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The Quiet Architect of Trump’s Global Trade War
The New York Times – Business:Jamieson Greer, a low-key lawyer from a working-class background, is rewriting the rules of the global economy at the president’s behest.
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Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry
The New York Times – Business:President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.