Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into […]
Tag: United States Politics and Government
Trump Officials Try to Calm Markets by Pointing to Talks on Tariffs
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped […]
Trump Administration Lifts Mining and Drilling Restrictions in Nevada and New Mexico
The Trump administration has opened thousands of acres of land in Nevada and New Mexico to oil and gas drilling, geothermal development and hard-rock mining, reversing protections that President Joseph R. Biden Jr. enacted during […]
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to schedule phone calls, send delegations to Washington and offer up proposals to lower their import […]
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to America’s standing and trade relationships around the world, the chief executive of Wall Street’s biggest bank […]