The Trump administration is proposing a drastic reimagining of how public lands across the United States are used and managed, according to an Interior Department document leaked to the public in late April. The document, a draft of the department’s strategic plan for the next five years, downplays conservation in favor of an approach that seeks to maximize economic returns, …
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Republican Budget Bill Aims to End I.R.A. Clean Energy Boom
At least 24 factories have been set up in the United States to produce electric cars that qualify for the credit, including a Ford plant making plug-in hybrids in Louisville, Ky., and a General Motors battery plant in Ohio, according to a study from Atlas Public Policy, a research firm. Near Savannah, Ga., Hyundai invested in a $7.5 billion factory …
Read More »A Toxic Pit Could Be a Gold Mine for Rare-Earth Elements
There’s a tale told about a miner who found copper cans in his garbage dump in the early days of mining. Wastewater from copper mining had flowed through his land, he said, and turned steel cans into copper. The story might be apocryphal, but the process is real, and it’s called cementation. Montana Resources, the mining company that took over …
Read More »Energy Department to Repeal Efficiency Rules for Appliances
The Energy Department said on Monday that it was preparing to roll back energy and water conservation standards for a long list of electric and gas appliances, targeting 47 regulations that it said were “driving up costs and lowering quality of life for the American people.” The moves follow an executive order last week from President Trump directing the Energy …
Read More »Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?
For weeks, Jay Foreman, a toy company executive, froze all shipments from China, leaving Care Bears and Tonka trucks piled up at Chinese factories, to avoid paying President Trump’s crippling 145 percent tariff. But as soon as his phone lit up at 4 a.m. on Monday alerting him that Mr. Trump was lowering tariffs on Chinese imports for 90 days, …
Read More »Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s decision to impose, and then walk back, triple-digit tariffs on Chinese products over the past month demonstrated the power and global reach of U.S. trade policy. But it was also another illustration of the limitations of Mr. Trump’s aggressive approach. The tariffs on Chinese goods, which the United States ratcheted up to a minimum of 145 percent in …
Read More »Trump Signs Executive Order Asking Companies to Lower Drug Prices
President Trump on Monday signed an executive order asking drugmakers to voluntarily reduce the prices of key medicines in the United States. But the order cites no obvious legal authority to mandate lower prices. The order said the administration would consider taking regulatory actions or importing drugs from other countries in the future if drugmakers do not comply. It was …
Read More »Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay
President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” pricing model. Mr. Trump did not …
Read More »Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay
President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” pricing model. Mr. Trump did not …
Read More »Why America’s ‘Beautiful Beef’ Is a Trade War Sore Point for Europe
Hendrik Dierendonck, a second-generation butcher who has become, as he describes it, “world famous in Belgium” for his curated local beef, thinks Europe’s way of raising cattle results in varied and delicious cuts that European consumers prize. “They want hormone-free, grass-fed,” Mr. Dierendonck explained recently as he cut steaks at a bloody chopping block in his Michelin-starred restaurant, which backs …
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