Tag Archives: United States Politics and Government

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 …

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, …

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 …

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 …

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 …

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 …

Fifteen states sued the Trump administration over its declaration of an “energy emergency,” arguing that there is no emergency and that the order instructs regulators to illegally bypass reviews of fossil fuel projects, potentially damaging the environment. The president’s Jan. 20 executive order, “Declaring a National Energy Emergency,” directed federal agencies to speed up energy projects like drilling for oil …

Gerhard Randers-Pehrson, an 81-year-old resident of Ossining, N.Y., believes the $10,000 cap should go up — but not too much. While Mr. Randers-Pehrson, a retired research scientist, said he paid $16,000 in state and local taxes last year, he does not expect to personally benefit from a higher cap. He would take the standard deduction instead of itemizing. But the …

President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations closer and roll back some of the punishing tariffs he issued on that country’s products. Both sides consider a trade pact deeply beneficial, and a deal has been under discussion since Mr. Trump’s first term. But the …

The National Oceanic and Atmospheric Administration said on Thursday it would stop tracking the cost of the country’s most expensive disasters, those which cause at least $1 billion in damage. The move would leave insurance companies, researchers and government policymakers without information to help understand the patterns of major disasters like hurricanes, drought or wildfires, and their economic consequences, starting …