Inside a Union’s Fight Against Trump’s Federal Job Cuts
Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.
The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Retail executives huddled with the president amid fears that tariffs could result in higher prices.
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the city of Rome.
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.
Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.