India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American companies do at home.
Category: United States Politics and Government
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Greenland Gets a Little Easier to Visit as United Starts Nonstop Flights
United Airlines has started a seasonal, nonstop flight from Newark to the capital of the Arctic island that President Trump wants to acquire.
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Trump Encourages Powell to Resign in Latest Attack on the Fed Chair
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.
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Trump Says U.S. Ending Trade Talks With Canada
The president said he would cease negotiations and impose new tariffs because of Canada’s imminent, new digital services taxes.
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G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
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Trump Administration Signals Trade Talks May Extend Beyond July Deadline
The Treasury secretary said negotiations with some countries might last until Labor Day, signaling that the White House may hold back from imposing tariffs on some trading partners in early July.
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PCE Inflation Was Slightly Hotter in May as Economists Brace for Trump’s Tariffs
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.
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What Business Is Watching in Negotiations Over Big Policy Bill
Senate Republicans are debating changes to the legislation, after a key official rejected some proposals. Time is ticking for hitting President Trump’s deadline.
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Republicans Prepare to Open ‘Pandora’s Box’ of Budget Gimmicks
With the broad tax and health care bill they are now trying to muscle into law, Senate Republicans are preparing to upend Washington’s accounting standards.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Trump Threatens to Sue The New York Times and CNN Over Iran Reporting
The president has criticized media coverage of a preliminary classified report that ran counter to his assertion that U.S. strikes had “obliterated” Iran’s nuclear program.
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Bill Moyers, Presidential Aide and Veteran of Public TV, Dies at 91
Before becoming known as an unusual breed of television correspondent and commentator, he had a long association with President Lyndon B. Johnson.