Tag Archives: Trump

Trump Is Said to Push for Early Reopening of North American Trade Deal

Trump Is Said to Push for Early Reopening of North American Trade Deal

The Trump administration intends to push to renegotiate the U.S. trade deal with Canada and Mexico ahead of a required 2026 review of it, seeking to shore up U.S. auto jobs and counter Chinese firms that are making inroads into the Mexican auto sector, people familiar with the deliberations said. The U.S.-Mexico-Canada Agreement, which Mr. Trump signed in 2020, required …

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What Trump’s Pledge to Plant the U.S. Flag on Mars Really Means

What Trump’s Pledge to Plant the U.S. Flag on Mars Really Means

During his Inaugural Address on Monday, President Donald J. Trump again promised to launch American astronauts to Mars. Seated nearby, Elon Musk, a political benefactor of Mr. Trump who founded SpaceX in the hope that it would one day be able to send colonists to Mars, beamed with enthusiasm and offered two thumbs up. The gargantuan Starship rocket that Mr. …

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Wind Power in U.S. Faces Hit From Trump’s Executive Order

Wind Power in U.S. Faces Hit From Trump’s Executive Order

President Trump launched a broad attack on the wind power industry in the United States, with a sweeping executive order that could block not just new offshore wind farms in the Atlantic and Pacific Oceans but potentially many smaller wind farms on federal land and even on private property across the country. The order, which Mr. Trump signed in the …

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Trump Pitches External Revenue Service to Collect Tariffs: What to Know

Trump Pitches External Revenue Service to Collect Tariffs: What to Know

President Trump has promised to generate a “massive” amount of revenue with tariffs on foreign products, an amount so big that the president said he would create a new agency — the External Revenue Service — to handle collecting the money. “Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our …

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Europe Braces for a New Trump Era, Uncertain About What It Means

Europe Braces for a New Trump Era, Uncertain About What It Means

As Donald J. Trump took the oath of office in Washington on Monday, the crowd at a jam-packed party held by Ukrainian business groups in Davos, Switzerland, intently watched the ceremony on huge screens. The event, on the sidelines of the World Economic Forum’s annual conference, seemed to be a display of enthusiasm for the returned American president. Speakers praised …

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Trump Withdraws U.S. from World Health Organization

Trump Withdraws U.S. from World Health Organization

President Trump moved quickly on Monday to withdraw the United States from the World Health Organization, a move that public health experts say will undermine the nation’s standing as a global health leader and make it harder to fight the next pandemic. In an executive order issued about eight hours after he took the oath of office, Mr. Trump cited …

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US futures jump as Trump holds off China tariffs – The Times of India

US futures jump as Trump holds off China tariffs – The Times of India

Donald Trump (File photo) Relief that Donald Trump will hold off from imposing China-specific tariffs on his first day in office propelled US equity futures higher on Monday. The dollar slumped. The new administration has pivoted toward starting his second term with potential engagement with Beijing rather than another trade war. Trump plans to issue a broad memorandum that directs …

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Trump Plans to Order U.S. Exit From World’s Main Climate Pact

Trump Plans to Order U.S. Exit From World’s Main Climate Pact

The White House on Monday said that President Trump would withdraw the United States from the Paris Agreement, the pact among almost all nations to fight climate change. By withdrawing, the United States would join Iran, Libya and Yemen as the only four countries not party to the agreement, under which nations work together to keep global warming below levels …

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Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action

Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action

President Trump will stop short of immediately imposing tariffs on imported products on Monday, but will issue an executive order directing federal agencies to begin studying a broad list of trade issues that could ultimately result in taxes on goods from China, Canada, Mexico and other countries in the coming months. The decision suggests that Mr. Trump is taking a …

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‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans

‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans

For Klem’s, a general store in rural Massachusetts, each year has seemed more challenging than the last. First, there was the pandemic, then a global supply chain breakdown that left the store short of lawn mowers and shoes. Next, a spate of inflation raided American pocketbooks. All along, Amazon continued to pull customers away from brick and mortar stores like …

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