Trump administration officials are getting a second chance to try to sever ties with China by starting a trade war, imposing export controls and revoking student visas.
Trump administration officials are getting a second chance to try to sever ties with China by starting a trade war, imposing export controls and revoking student visas.
Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
President Trump’s steep global tariffs have supercharged efforts to evade them. Some U.S. companies say the government is ill-equipped to keep up.
President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.
The president’s economic policy approach is so far rattling markets, businesses and consumers.
At the Small Business Administration, deep staffing cuts and stricter loan terms are making it harder for entrepreneurs to get access to capital, contracts and technical assistance.
The New York Times is looking to talk to business owners and employees who have seen evidence of tariff dodging or customs fraud.
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.