Category: Trump, Donald J

Why a Warsh-Led Fed May Keep Interest Rates Higher for Longer

Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.
What You Need to Know About the Federal Gas Tax

President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
Trump’s Shrinking Ambitions on China

The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
Trump’s Shrinking Ambitions on China

The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
Here’s How Trump’s Trade War on China Ended Up in a Stalemate

As President Trump prepares to meet with Xi Jinping, a trade war that once threatened to freeze commerce between the two countries has given way to an uneasy truce.
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.

One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.
F.D.A. Commissioner Marty Makary Resigns After Weeks of Pressure

The agency’s top food official will step in as acting commissioner, after Dr. Makary’s tumultuous run as the nation’s top food, drug, tobacco and medical device regulator.
Oil Prices Rise on U.S.-Iran Standoff

President Trump has declared the American cease-fire with Iran is on “life support,” and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
Chinese A.I. Firms Push Beyond Nvidia as DeepSeek Turns to Huawei

Before this week’s U.S.-Chinese summit, Beijing reached a milestone in its quest for technological self-sufficiency.
Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’

President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
Trump Proposes Suspending Federal Gas Tax Until Prices Fall

Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil

As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.