The Department of Government Efficiency has already made an immense imprint on the government, but it has not come close to Elon Musk’s pledge of cutting $1 trillion.
Category: Trump, Donald J
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Perkins Coie and WilmerHale Ask Judges to Block Trump’s Orders
Perkins Coie and WilmerHale asked two federal judges on Wednesday to permanently put an end to President Trump’s threats to their businesses.
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On Major Economic Decisions, Trump Blinks, and Then Blinks Again
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.
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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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Britain Says It Will Not Rush or Alter Standards in U.S. Trade Deal
The British government is hoping to reach an agreement with the United States to soften the economic blow British businesses are facing from higher tariffs.
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Tariffs on China Aren’t Likely to Rescue Battered U.S. P.P.E. Industry
The few domestic companies that still make protective gear for health care workers have clamored for federal intervention. But they worry President Trump’s trade war with China won’t help.
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Investors Prefer the ‘Nice’ Trump, but Want Results
Global markets are rebounding as the president softened his protectionist rhetoric and his criticism of the central bank. But investors want to see results on trade.
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Boeing Reports Smaller Loss but Trade War Threats Loom
The plane maker, which has been trying to recover from a quality crisis, could lose orders in China as a result of President Trump’s tariffs.
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An Army of Robots Is China’s Weapon in Trump’s Tariff War
Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.
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Trump’s Trade War With China Puts Japan in a Tight Spot
Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.
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Markets Gain After Trump Says He Has No Plans to Oust Fed Chief
Remarks by President Trump and his Treasury secretary fueled a rebound in global stocks, extending a surge that started on Wall Street.
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Treasury Secretary Bessent Talks China Trade War De-Escalation and Tax Cuts
Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate.