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Alan Rappeport
Posts
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.
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…
U.S. Textile Makers, Feeling Forgotten by Trump, Hope Boom Days Are Ahead
The Trump administration faces hard choices in determining what industries to protect as it uses tariffs to construct an industrial policy.
Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.
U.S. and China Agree to Walk Back Trade Tensions
Negotiators said the two governments would stick to a previous truce and reduce tensions that had escalated in recent weeks between the world’s largest economies.
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
U.S. and China to Meet at Precarious Moment in Trade War
Officials from both sides are set to talk on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a…
Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
G7 Finance Ministers Show Unity in Support of Ukraine Against Russia
Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.”