Tag Archives: Fees and Rates)

A Tidal Wave of Change Is Headed for the U.S. Economy

A Tidal Wave of Change Is Headed for the U.S. Economy

When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products began disappearing from U.S. store shelves and American firms that depend on foreign materials were going out of business. A similar trend is beginning to play out, but this time the catalyst is President Trump’s decision to …

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Citing N.I.H. Cuts, a Top Science Journal Stops Accepting Submissions

Citing N.I.H. Cuts, a Top Science Journal Stops Accepting Submissions

Environmental Health Perspectives, widely considered the premier environmental health journal, has announced that it would pause acceptance of new studies for publication, as federal cuts have left its future uncertain. For more than 50 years, the journal has received funding from the National Institutes of Health to review studies on the health effects of environmental toxins — from “forever chemicals” …

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Trump Signs Executive Order Walking Back Some Auto Tariffs

Trump Signs Executive Order Walking Back Some Auto Tariffs

President Trump signed an executive order on Tuesday that will walk back some tariffs for carmakers, administration officials said, removing some levies that Ford, General Motors and others have complained would backfire on U.S. manufacturing by raising the cost of production and squeezing their profits. The changes will modify Mr. Trump’s tariffs so that carmakers who pay a 25 percent …

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White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’

White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’

President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon. Karoline Leavitt, the White House press secretary, came out swinging in her press briefing on Tuesday morning, accusing Amazon of being “hostile and political” after a report — disputed by the company — from Punchbowl News saying …

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Trump Seeks to Lower Drug Prices Through Medicare and Some Imports

Trump Seeks to Lower Drug Prices Through Medicare and Some Imports

President Trump signed an executive order on Tuesday outlining a series of actions intended to lower drug prices, including helping states import drugs from Canada. The policies were more modest than proposals to reduce drug prices that Mr. Trump offered in his first term. And one of his new directives could increase drug prices. It calls for the Trump administration …

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How Trump Might Unwittingly Cut Emissions From Online Shopping

How Trump Might Unwittingly Cut Emissions From Online Shopping

Fast-fashion giants like Shein and Temu have been doing booming business in the United States in recent years, in part because of a tariff exemption that’s helped to keep prices low on packages shipped from China. Now, President Trump has ordered the loophole closed as part of new tariffs, starting with packages from China and Hong Kong. It could have …

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Trump’s Tariff Threat for Drug imports Poses Big Political Risks

Trump’s Tariff Threat for Drug imports Poses Big Political Risks

President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten America’s national security, an effort …

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Fed Under Pressure as Inflation Expectations Surge

Fed Under Pressure as Inflation Expectations Surge

Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month. Keeping inflation expectations in check as price pressures rise is their No. 1 priority. On Friday, they faced a big setback. A new survey released by the University of Michigan found that as consumer sentiment took another nosedive because of fears …

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What to Know About Who Pays the Higher Costs of Trump’s Tariffs

What to Know About Who Pays the Higher Costs of Trump’s Tariffs

President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China might soon pay more than twice as much, now that a special exemption for lower value imports is disappearing. And companies involved in international trade must now make even …

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