President Trump announced that he had secured a deal with the country that will leave a 19 percent tariff in place, though no details were immediately available.
Category: United States Politics and Government
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White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.
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AstraZeneca Joins Pharma Investment Push in U.S. Amid Tariff Threat
The British drug maker plans to invest $50 billion in the United States as it seeks to appease President Trump.
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White House Pushes to Block Government Accountability Office Inquiries Into Its Cuts
Republicans are seeking to undermine the Government Accountability Office as it investigates, and considers suing, over the Trump administration’s withholding federal funds.
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G.M. Profit Shrinks on Billion-Dollar Tariff Hit
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
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Big Law Firms Bowed to Trump. A Corps of ‘Little Guys’ Jumped in to Fight Him.
Solo practitioners, former government litigators and small law offices stepped up to help challenge the Trump administration’s agenda in court after the White House sought to punish many big firms.
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White House Bans Wall Street Journal From Press Pool on Trump’s Scotland Trip
The president sued the publication last week, accusing it of defamation for an article about his ties to the disgraced former financier Jeffrey Epstein.
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States Sue Over Unauthorized Immigrants’ Access to Federal Programs
The suit comes after several federal agencies said they would no longer allow unauthorized immigrants to benefit from more than a dozen health and education programs.
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Fed Defends Renovations as Trump Administration Intensifies Attacks
The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be pretext to fire Jerome H. Powell, the central bank chair.
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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Trump Sues Wall Street Journal for Article on Note to Epstein
The lawsuit argues that The Journal falsely claimed President Trump “authored, drew and signed” a lewd birthday card to Jeffrey Epstein.
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Stephen Colbert’s ‘Late Show’ Was Losing Millions at CBS Before Cancellation
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.