President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.
Category: Finance
Trump Moves to Put New Tariffs on Computer Chips and Drugs
The Trump administration took steps on Monday that appear likely to result in new tariffs on semiconductors and pharmaceutical products, adding to the levies President Trump has put on imports globally. Federal notices put online Monday afternoon …
Elon Musk Vows to Spend Less Time in Washington as Tesla’s Profit Drops 71%
Elon Musk, Tesla’s chief executive, said on Tuesday that he would spend less time in Washington working for President Trump after the automaker reported a profit drop of 71 percent in the first three months of the year. Mr. Musk told Wall Street …
Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Tesla’s sales in the United States fell almost 9 percent in the first three months of the year even as the overall market for electric vehicles grew, according to data compiled by a research firm. Car buyers are moving away from Teslas and toward …
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties.
In Formula 1, a 2-Second Pit Stop Is a Vital Dance
A bad one can ruin a race, but pit teams that can move like Rudolf Nureyev can shave time in a sport where split seconds count.
Top Producer of ‘60 Minutes’ Quits, Citing a Loss of Independence
The news program has faced mounting pressure from both President Trump and its corporate ownership at Paramount, the parent company of CBS News.
Global Growth Expected to Sputter Amid Trade War Fallout Fears
President Trump’s trade war is expected to slow economic growth across the globe this year, in large part because his aggressive use of tariffs is likely to weigh heavily on the United States, the world’s largest economy. The economic projections …
Education Department Will Resume Collections on Student Loan Debt
In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks.
Her Business Was Thriving. Then Came the Tariffs.
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