The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what President Donald Trump’s Treasury secretary, Scott Bessent, has described as an unsustainable tariff war. But in the U.S. farming sector,…
Browsing: Trump Presidency
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’s created an opportunity for Europe. The market tumult in which investors…
President Donald Trump on Thursday again made clear his disdain for Federal Reserve Chair Jerome Powell, going so far as to say the central banker’s “termination can’t come fast enough” and saying in an Oval Office event that Powell will “be…
President Trump this week revived a longstanding threat against Jerome H. Powell when he accused the Federal Reserve chair of “playing politics” and moving too slowly to lower interest rates. But privately, according to people close to Mr. Trump, the…
Harvard University stands to lose billions in federal funding, but the government’s actions against one of the world’s top research institutions were applied with vague accusations and no proof of specific legal violations, documents show. The Trump administration’s decision Monday to freeze $2.2 billion…
The Internal Revenue Service is weighing whether to revoke Harvard’s tax exemption, according to three people familiar with the matter, which would be a significant escalation of the Trump administration’s attempts to choke off federal money and support for the…
Israel had planned to strike Iranian nuclear sites as soon as next month but was waved off by President Trump in recent weeks in favor of negotiating a deal with Tehran to limit its nuclear program, according to administration officials…
When Italian Prime Minister Giorgia Meloni touches down in Washington for a meeting Thursday at the White House, the European Union, scrambling to strike a deal on trade, will be playing its Trump card. Few European leaders make a better…
Former president Joe Biden, in his first public comments since leaving the White House, slammed the Trump administration’s handling of Social Security, saying sweeping cuts to the program’s staffing have left beneficiaries uncertain whether they will receive their payments. “In…
The Trump administration is using personal data normally protected from dissemination to find undocumented immigrants where they work, study and live, often with the goal of removing them from their housing and the workforce. At the Department of Housing and…