President Trump’s announcement of sweeping universal and so-called reciprocal tariffs on countries around the world drew a swift rebuke on Wednesday from business groups, trade experts, Democratic lawmakers and many economists who warned that they would raise prices for American consumers and slow economic growth. “This is catastrophic for American families,” said Matt Priest, president and chief executive of the …
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Trump Reciprocal Tariffs Chart: See Which Countries Have the Highest Rates
President Trump unveiled sweeping tariffs on Wednesday afternoon, announcing a minimum 10 percent tariff on all trading partners as well as so-called reciprocal actions on dozens of other countries, including some of America’s biggest trading partners. In announcing the new tariffs, his most expansive to date, Mr. Trump said that the global tariffs would help correct decades of unfair relationships …
Read More »C.D.C. Cuts Threaten to Set Back the Nation’s Health, Critics Say
The extensive layoffs of federal health workers that began on Tuesday will greatly curtail the scope and influence of the Centers for Disease Control and Prevention, the world’s premier public health agency, an outcome long sought by conservatives critical of its handling of the Covid-19 pandemic. The reorganization of the Department of Health and Human Services shrinks the C.D.C. by …
Read More »Senate Democrats Move to Rescind Some Trump Tariffs, Hoping for G.O.P. Support
Democratic senators plan on Wednesday to force a vote on a measure that would block President Trump’s tariffs on Canada, hoping enough of their Republican colleagues will join them to pass a resolution that calls for halting levies set to take effect this week. The measure would face long odds in the House, where G.O.P. leaders have moved preemptively to …
Read More »Justices Weigh Challenge to South Carolina’s Bid to Defund Planned Parenthood
The Supreme Court heard arguments on Wednesday in a case arising from South Carolina’s attempt to deny funding to Planned Parenthood. But the question the justices grappled with was a relatively narrow one, focused on whether individuals may sue the state to obtain medical services from Planned Parenthood unrelated to abortion. In 2018, Gov. Henry McMaster of South Carolina, a …
Read More »Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump has accused America’s trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country’s wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and Europe. And he has complained about a number of factors, …
Read More »Entire Staff Is Fired at LIHEAP
The Trump administration has abruptly laid off the entire staff running a $4.1 billion program to help low-income households across the United States pay their heating and cooling bills. The firings threaten to paralyze the Low Income Home Energy Assistance Program, which was created by Congress in 1981 and helps to offset high utility bills for roughly 6.2 million people …
Read More »Trump Is Set to Unveil Expansive Global Tariffs
President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing levies on countries around the globe, including America’s largest trading partners. Mr. Trump has promised for months to impose what he calls “reciprocal” tariffs, which the president says will correct years of “unfair” trade in which other countries have …
Read More »More Americans Can’t Afford Medical Care, Poll Finds
It’s not just the high price of eggs or the rising cost of housing that is contributing to Americans’ unhappiness over the cost of living. Health care remains stubbornly unaffordable for millions of people, according to a new survey released Wednesday that underscores the struggle many people have in paying for a doctor’s visit or a prescription drug — even …
Read More »Markets Remain Uneasy as Trump Prepares Sweeping ‘Reciprocal’ Tariffs
President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he announces the details at an afternoon Rose Garden ceremony. The White House press secretary, Karoline Leavitt, confirmed the timeline in a briefing with reporters on Tuesday, adding that Mr. Trump had been huddling with his trade team to …
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