Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
Category: Trump, Donald J
-
Trump Warns of Doom if Tariffs Are Ruled Illegal. Others See a Tax Cut.
Many American companies have had to shoulder at least some of the costs of tariffs, biting into earnings the same way a corporate tax increase would, analysts say.
-
Trump Weighs Crackdown on Medicines From China
Behind the scenes, major pharmaceutical companies and Trump-tied billionaires are furiously lobbying in opposite directions over proposed anti-China measures.
-
Supreme Court Agrees to Review Trump’s Sprawling Tariffs
The justices moved quickly to schedule oral argument to consider the legality of the president’s signature economic initiative.
-
Employers Added Fewer Jobs Than Believed, Updated Data Shows
Preliminary annual revisions could add to political pressure on the agency that produces the data.
-
The Stakes of the Murdoch Family’s Peace Deal
A new accord ends a bitter power struggle and gives Rupert Murdoch’s elder son control of the family’s media empire.
-
DJI’s Chinese Drones Face U.S. Ban
Farmers, builders and police officers use drones made by DJI, a Chinese company. Trump and his allies want to stop all imports.
-
China’s Exports to Africa Are Soaring as Trade to U.S. Plunges
Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
-
Ken Griffin Speaks Out Against Trump’s Attacks on the Fed
The criticism from the hedge fund billionaire and Trump voter is a rare rebuke of the president by a corporate leader.
-
Raid on Georgia E.V. Battery Plant Raises New Risks for a Shaken Industry
Foreign manufacturers were already dealing with tariffs and the end of E.V. tax credits. Now, they face greater scrutiny of their workers’ immigration status.
-
India’s Investors, Defying Tariffs, Keep Pouring Money Into Stocks
Middle-class Indians have been plowing their savings into the stock market, making it far less vulnerable to the shocks of a trade war.