Trump Signals Imminent Supreme Court Appeal to Protect Tariffs
The president said he would seek expedited review of a federal appeals court’s ruling that found many of his administration’s tariffs to be illegal.
The president said he would seek expedited review of a federal appeals court’s ruling that found many of his administration’s tariffs to be illegal.
The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China.
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
President Trump’s attempt to fire Lisa Cook has laid bare the erosion of the Federal Reserve’s independence, which could lead to economic consequences for Americans, The New York Times’s chief economics correspondent explains.
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Ms. Cook said that she would not resign from the Board of Governors, hours after President Trump announced he was firing her.
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
The tariffs would hamper a clean energy industry that the president has often railed against.
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.