Politics
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car…
Tag
Commerce Department
Politics
Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies…
Politics
Tomato price warning issued over Trump tariffs
Tomato prices are likely to increase as a result of the Trump administration decision this week to terminate a tomato import agreement…
Politics
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because…
Politics
Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
A day after President Trump capitulated on his global reciprocal tariffs, he and Commerce Secretary Howard Lutnick insisted that one…
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
News
U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns
The Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American…
Politics
Musk Is Positioned to Profit Off Billions in New Government Contracts
Within the Trump administration’s Defense Department, Elon Musk’s SpaceX rocketry is being trumpeted as the nifty new way the Pentagon…
Politics
Senate Confirms Howard Lutnick as Commerce Secretary
The Senate on Tuesday voted 51 to 45 to confirm Howard Lutnick to be President Trump’s commerce secretary, putting in place one of the…
Business
Why Investors Appear Unfazed by the Latest Trump Tariffs
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks…
Politics
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other…
Business
Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The Federal Reserve wants to see more evidence that inflation is easing before resuming interest rate cuts. The latest data presented a…
Politics
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex…
Politics
A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the…
Politics
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend…