President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects.
Category: United States
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Why a U.S. Diesel Export Ban May Not Lower Prices
The New York Times – Business: -
What Happened to Hollywood’s Most Reliable Happy Ending?
The New York Times – Movies:A new study by an independent analyst shows that action films are more likely to end on a sadder note nowadays.
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More Than 167,000 Pounds of Meat With False Inspection Mark Are Recalled
The New York Times – Business:The raw pork, beef and goat products from Star Meat Delivery Inc. of North Carolina were distributed across the United States.
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White House Defends Trump’s Ban on CNN, MS NOW and Politico in Court Filing
The New York Times – Business:President Trump determined that CNN, MS NOW and Politico were in ‘violation of the standards of professionalism and decorum’ expected at the White House.
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Trump Says He Supports Banning Diesel Exports to Bring Down Prices
The New York Times – Business:Diesel prices have been setting records because of the war in Iran, but the oil industry say banning U.S. exports would not make the fuel cheaper.
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China’s Continued Control of Rare Earths Looms Over Trump-Xi Meeting
The New York Times – Business:Manufacturers are struggling with constrained supplies as U.S. and Chinese officials negotiate over export restrictions with consequences for global industry.
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Trump and Xi Meet Amid an Uneasy U.S.-China Trade Truce
The New York Times – Business:Beyond warm meetings between their leaders, the countries are engaging in tit-for-tat measures that call into question the stability of their arrangement.
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China Promised to Buy More U.S. Farm Goods. It Hasn’t Happened.
The New York Times – Business:Soybeans are the notable exception, revealing Beijing’s selective approach to fulfilling trade commitments ahead of the summit between President Trump and Xi Jinping.
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Japan Raises Interest Rates to 31-Year High Under U.S. Pressure
The New York Times – Business:The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter monetary policy.
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Searing Elon Musk Film Nears U.S. Release Amid Overseas Concerns
The New York Times – Business:Alex Gibney’s “Musk” will arrive in United States theaters next month. Universal says it remains committed to releasing it overseas but has yet to set dates.