Nation’s largest bank, in response to a lawsuit filed by the president, confirmed his longstanding complaint about “debanking.”
Category: Trump, Donald J
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JPMorgan Admits to Debanking Trump After Jan. 6 Capitol Attacks
The New York Times – Business: -
Trump Says He Will Raise Global Tariff to 15 Percent
The New York Times – Business:The move signaled that the president would press ahead with steep global tariffs despite the legal setback from the Supreme Court.
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For India, Buying Russian Oil Just Got More Complicated
The New York Times – Business:India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.
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Trump Doubles Down on Closing Tax Loophole on Cheap Imports
The New York Times – Business:The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss
The New York Times – Business:Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.
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With Tariff Changes, Consumers May Be Stuck in a Waiting Game
The New York Times – Business:Some companies could decide to temper price increases, but the effect would take time to materialize.
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Supreme Court Tariff Ruling to Spur Chaotic Refund Process
The New York Times – Business:The Trump administration says it could take years and additional litigation for importers to get their money back.
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Businesses Celebrate Tariff Relief, And Brace for New Uncertainty
The New York Times – Business:The Supreme Court’s ruling against many of President Trump’s tariffs cheered executives who set to work seeking refunds on their duties.
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Tariff Whiplash Clouds Outlook for Federal Budget
The New York Times – Business:The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies.
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Trump Plans to Impose Tariffs a Different Way After Supreme Court Loss
The New York Times – Business:The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
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Supreme Court Justices Strike Down Trump’s Tariffs
The New York Times – Business:President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.