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 …
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NASA Astronaut Recruitment Faces Trump’s Moves Against D.E.I.
Since 1978, every new group of NASA astronauts has included women and usually reflected a multiplicity of races and ethnicities. That is not simply by chance. NASA’s process for selecting its astronauts is not entirely gender- and race-blind. With so many outstanding applicants, choosing a diversified, highly qualified group of candidates has been achievable, said Duane Ross, who worked as …
Read More »Trump Tariffs Threaten to Upend Global Economic Order
President Trump’s move this weekend to slap sweeping tariffs on Canada, Mexico and China is threatening to fracture the global trading system and a world economic order that once revolved around a U.S. economy that prized open investment and free markets. The speed and scope of the import duties that Mr. Trump unveiled in executive orders on Saturday prompted widespread …
Read More »What Is IEEPA, the Law Trump Used to Impose Tariffs?
President Trump said on Saturday that he would impose tariffs on Mexico, Canada and China using a decades-old law that gives the president sweeping economic powers during a national emergency. “This was done through the International Emergency Economic Powers Act (IEEPA) because of the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl,” Mr. Trump wrote …
Read More »Who Pays for Tariffs? Here’s What You Need to Know.
President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies. The president has insisted that these tariffs will not increase prices …
Read More »Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship tens of billions of dollars worth of finished automobiles, engines, transmissions and other components each week across the U.S. borders with Canada and Mexico. Billions of dollars more are imported …
Read More »CDC Scientists Ordered to Withdraw Studies That Say ‘LGBT’ or ‘Pregnant People’
President Trump on Saturday ordered 25 percent tariffs on all Mexican exports to the United States and a similar levy on all Canadian goods, except for a 10 percent tariff on Canadian energy. His move sent shock waves through both nations, whose leaders have warned that the tariffs will harm all three countries and disrupt their deeply interwoven economies. On …
Read More »Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of the United States and Mexico …
Read More »Trump Moves to Invalidate Recent Labor Agreements With Federal Workers
In the latest effort to put his stamp on the federal work force, President Trump on Friday issued a memorandum invalidating government labor contracts finalized in the last 30 days before a presidential inauguration. The policy applies to certain contracts negotiated toward the end of the Biden administration, the memo says. Such “last-minute, lame-duck” agreements, it states, “are purposefully designed …
Read More »Kennedy Says He Will Give HPV Vaccine Lawsuit Proceeds to His Son
Robert F. Kennedy Jr. told lawmakers in responses to questions released on Friday that he would divest his interest in litigation against a major HPV vaccine maker and would sign over the financial stake to an adult son. He also disclosed he had reached at least one settlement agreement with a company or individual that had accused him of “misconduct …
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