Tag Archives: Trump

To President Trump, one economic number represents everything that is wrong with the global economy: America’s trade deficit. That deficit is the total value of what the United States imports from other nations, minus its exports to other countries. The fact that America runs a trade deficit reflects how the nation’s appetite for foreign goods now far outpaces what U.S. …

The Environmental Protection Agency plans to demote career employees who oversee scientific research, the enforcement of pollution laws, hazardous waste cleanup and the agency’s human resources department and replace them with political appointees, according to two people familiar with the approach. The move would give Trump administration loyalists more influence over aspects of the agency that were traditionally led by …

The Environmental Protection Agency plans to demote career employees who oversee scientific research, the enforcement of pollution laws, hazardous waste cleanup and the agency’s human resources department and replace them with political appointees, according to two people familiar with the approach. The move would give Trump administration loyalists more influence over aspects of the agency that were traditionally led by …

Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl …

The Senate confirmed Chris Wright to lead the U.S. Department of Energy on Monday, putting the former oil executive in a key position to help shape President Trump’s energy policies. Mr. Wright, the founder and chief executive of Liberty Energy, a fracking firm, was confirmed by a vote of 59 to 38, with support from all Republicans present and a …

President Trump is brandishing the U.S. economy like a weapon, putting more than a trillion dollars of trade on the line as he opens economic wars on multiple fronts. He has threatened tariffs on the United States’ closest trading partners, which are together responsible for more than 40 percent of American imports, to try to force them to accede to …

Europe, you’re next. That’s the latest message from President Trump, who has repeatedly said in recent days that he would slap punitive tariffs on the 27 members of the European Union. Tariffs “will definitely happen with the European Union,” Mr. Trump told the BBC Sunday evening, and they are coming “pretty soon.” He doubled down on the threat on Monday, …

Mr. Trump’s orders purged more than 8,000 web pages across more than a dozen U.S. government websites. In some cases, the executive orders also targeted the work of private citizens. A memo to the federal Agency for Healthcare Research and Quality, which publishes papers from both government and academic researchers, gave employees until 5 p.m. on Friday to scrub the …

President Trump’s decision to impose hefty tariffs on Canada, Mexico and China included a little-noticed but significant change to how online purchases will be taxed when they enter the United States. One provision of Mr. Trump’s executive order will increase costs for more than 80 percent of U.S. e-commerce imports. The decision could shift the landscape for online sales from …

The cost of using the Panama Canal has risen in recent years — excessively so, President Trump has asserted. The canal operator says droughts, investments in upgrades and sheer demand are among the reasons. But if Mr. Trump wrests lower canal fees out of Panama, American consumers may not feel much difference, because canal costs make up only a small …