President Trump sees Switzerland as doing too little to address its trade deficit with the U.S., a gap he focused on as he imposed a 39% tariff on Swiss goods.
Category: Politics and Government
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Stephen Miran, Trump’s Temporary Pick at the Fed, Could Have a Lasting Effect
Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s next leader.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
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As Britain Lowers Its Voting Age, Some American Teens Fight for the Same in the U.S.
After Britain announced plans to lower the voting age, some American teenagers wondered: When will it be their turn?
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Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.
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The Changing Politics of Masks
Accountability and privacy are on a collision course that raises the stakes for the role of face-covering in modern life.
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Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy
President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers.
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What Did Trump’s Hard-Hat Tour of the Fed Accomplish?
The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.
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Why Is the Fed Renovation So Expensive? Staff Cite Tariffs and Inflation.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
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Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
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Energy Dept. Cancels Loan Commitment for Grain Belt Express
The project, known as Grain Belt Express, had drawn fierce opposition from some landowners and Republican lawmakers.