A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
Category: United States Politics and Government
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Scott Bessent on Tariffs, the Fed and the Economy
The U.S. treasury secretary spoke with Andrew Ross Sorkin at the DealBook Summit on Wednesday.
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What to Know About Trump Accounts for Children and Eligibility After Dell Donation
Next year, Michael and Susan Dell plan to move $250 into the new Trump accounts of millions of children under 10. You’ll need to live in the right ZIP code.
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U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs
President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.
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For ‘No Tax on Tips,’ the I.R.S. Gets Intimate
The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
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F.D.A. Attributes 10 Children’s Deaths to Covid Vaccines
The agency’s top vaccine regulator said that a review had found that the children were likely to have died “because of” the shots. But public health experts want to examine the data.
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As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
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U.S. Announces Negotiated Prices for 15 Drugs Under Medicare
The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent.
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Market Volatility Underscores Epic Buildup of Global Risk
Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises.
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Boeing Tackles Quality With a ‘War on Defects’
Two years after a panel flew off a 737 Max, Boeing is doing more inspections, completing work in its intended order and making other changes. Can the company keep it up?