President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Category: Regulation and Deregulation of Industry
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Kennedy Issues Demands for Vaccine Approvals that Could Affect Fall Covid Boosters
The agency suggested that clinical trials in humans may be required for updated Covid shots, raising questions about whether they will be available in the fall.
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Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
Starting Friday, goods from China worth up to $800 will be subject to tariffs and more paperwork under new Trump administration rules.
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U.S. Gas Industry Pushes Back on Trump Shipbuilding Rules
The main oil and gas trade group wants the Trump administration to reconsider maritime rules released in April that would require it to use some U.S. ships to transport liquefied natural gas.
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With Trump In Power, Foreign Crypto Companies Make Inroads in US
The prime example is Tether, a firm that regulators once targeted. Its chief executive recently hobnobbed in Washington with lawmakers and lobbyists.
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F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
After 20 percent of the agency’s work force was cut, federal health officials have decided to bring back some experts and review firings to fill gaps in critical roles.
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Trump Offers a Private Dinner to Top 220 Investors of His Memecoin
The offer, which caused President Trump’s memecoin to surge in price, was his family’s latest effort to profit from cryptocurrencies.
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RFK Jr. Plans to Phase Out 8 Commonly Used Food Dyes
The petroleum-based dyes are used in hundreds of thousands of items including cereals and sports drinks. The health secretary is expected to release more details on Tuesday.
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Will a Federal Judge Break Up Google?
On Monday, the tech giant and the U.S. government face off in court over how to fix the company’s online search monopoly. The outcome could alter Google and Silicon Valley.
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Capital One and Discover Can Merge, Regulators Say
Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.
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Trump’s Attack of Powell Tempered by Risk of Market Panic
President Trump again attacked the chair of the Federal Reserve this week, but advisers say the president has turned more cautious on policies that could stoke extreme financial volatility again.