Tag Archives: Foreign Investments

Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Scott Bessent Urges Investors to Bet on Trump’s Economic Plan

Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation. Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go beyond trade policy and will …

Read More »

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of the I.M.F. and the World Bank, …

Read More »

Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running

Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running

When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada created a “fentanyl czar” and committed fresh resources to combating …

Read More »

Trump’s New Crackdown on China Is Just Beginning

Trump’s New Crackdown on China Is Just Beginning

President Trump’s tough talk on China typically centers on tariffs. But a closer look at the decisions he has made since taking office shows that the president is considering a far wider set of economic restrictions on Beijing, ones that could hasten America’s split from a critical trading partner. The Trump administration has so far proposed expanding restrictions on investments …

Read More »

With Aid Cutoff, Trump Severs a Lifeline for Millions

With Aid Cutoff, Trump Severs a Lifeline for Millions

Funds from the world’s richest nation once flowed from the largest global aid agency to an intricate network of small, medium and large organizations that delivered aid: H.I.V. medications for more than 20 million people; nutrition supplements for starving children; support for refugees, orphaned children and women battered by violence. Now, that network is unraveling. The Trump administration froze foreign …

Read More »

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision to block its acquisition by a Japanese company. Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said his company had “an All-American solution to save the United States Steel Corporation,” stressing that acquiring U.S. …

Read More »