The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
Category: Trump, Donald J
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Hollywood Groups Call for Tax Changes After Trump’s Tariff Threat
“Returning more production to the United States will require a national approach and broad-based policy solutions,” the groups said in a letter to the White House.
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Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
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Trump Family Bitcoin Company Announces Plan to Go Public
American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, said it was merging with a company traded on the Nasdaq, the latest expansion of the family’s investments in crypto.
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Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.
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Trump Signs Executive Order Asking Companies to Lower Drug Prices
The president has long complained that the United States pays more for medicines than other wealthy countries. But he offered no clear legal authority to mandate lower prices.
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Avelo Airlines Faces Backlash for Aiding Trump’s Deportation Campaign
The company, which serves airports in liberal cities on the coasts, has agreed to operate chartered flights for Immigration and Customs Enforcement.
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Inside the U.S.-China Trade Cease-Fire
Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff fight.
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U.S. and China Hail Progress, but Does That Mean There’s a Trade Deal?
Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.
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Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay
The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.
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Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay
The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.
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A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars
Companies squeezed by Shein and Temu are welcoming the end of a shipping rule that bolstered the Chinese e-commerce giants. But broader tariff concerns are outweighing any optimism.