Trump’s tumultuous start When President Trump took office in January for his second term, business leaders anticipated an administration that would lower taxes, loosen regulations and open up deal-making. Instead, Wall Street got chaos. The president has taken a cudgel to global trade with enormous tariffs, threatened the independence of the Fed and made the landscape for M.&A. more uncertain. …
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Lab Animals Face Being Euthanized as Trump Cuts Research
On April 1, the Trump administration’s effort to slash government funding arrived in Morgantown, W.Va., where federal scientists spent their days studying health and safety threats to American workers. That morning, hundreds of employees at the National Institute for Occupational Safety and Health were notified that they were being terminated and would lose access to the building. Left behind were …
Read More »Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States. Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs will be modified so that …
Read More »E.P.A. Says It Will Tackle ‘Forever Chemicals.’ Details Are Sparse.
The Trump administration announced a flurry of measures to target PFAS contamination, but it stayed mum on whether it intends to uphold a Biden-era rule requiring utilities to remove the “forever chemicals” from the tap water of hundreds of millions of Americans. “I have long been concerned about PFAS and the efforts to help states and communities dealing with legacy …
Read More »Why Trump’s Economic Disruption Will Be Hard to Reverse
President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing that goal. Mr. Trump has provoked a trade war, scrapped treaties and suggested that Washington might not defend Europe. He is also dismantling the governmental infrastructure that has provided the know-how and experience. The changes …
Read More »Trump’s Tariffs Prompt Wave of Lawsuits
Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief executive of Learning Resources, an educational toy company in Vernon Hills, Ill. Eventually, the containers of puzzle cards, child binoculars and other products will reach a port in the United States, and Mr. Woldenberg will face a difficult and …
Read More »Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make medicine affordable. But that could soon change. For months, President Trump has been promising to impose higher tariffs on pharmaceuticals as part of his plan to reorder the global trading system and bring key manufacturing industries back to the …
Read More »For Trump, PFAS ‘Forever Chemicals’ in Straws Are a Crisis. In Water, Maybe Less So.
The 36-page official national strategy document bears the presidential seal and involves 10 agencies from across the federal government. It isn’t the government’s policy on tariffs or border security. It’s President Trump’s master plan to eradicate paper straws and bring back plastic. “My Administration is committed,” the document declares, to “ridding us of the pulpy, soggy mess that torments too …
Read More »In Trade War Clash With Trump, China Refuses to Take the Bait
If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not willing to play. Faced with growing claims by President Trump and administration officials that the two countries are engaged in talks and that a deal could be reached in a matter of weeks, China’s Foreign …
Read More »F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
Federal health officials have reversed the decision to fire a few dozen scientists at the Food and Drug Administration’s food-safety labs, and say they are conducting a review to determine if other critical posts were cut. A spokesman for the Department of Health and Human Services confirmed the rehirings and said that several employees would also be restored to the …
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