Your Pulse On America: Live And Unfiltered
The White House on Tuesday said that President Trump, while in Saudi Arabia, had secured $600 billion in deals with the Saudi government and firms. But the details the White House provided were vague and totaled less than half that number. And a closer look at the projects the administration provided shows several were already…
President Trump has defended his decision to introduce tariffs on goods from other countries by arguing that it will lead companies to shift production to the United States, bringing back jobs. For German companies, which have been producing their goods in the United States since the late 1800s, such arguments ring hollow. Thousands of German…
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation. Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go…
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by…
Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time of geopolitical and environmental upheaval. President Trump’s threats to increase tariffs on imports from China was forcing companies to diminish their dependence on factories in that country. Businesses were setting up plants…
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The country had overtaken China as the most populous country, and its leaders were declaring India the world’s fastest-growing major economy. This was music to the ears of foreign investors, and to India’s prime minister, Narendra…
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, accused Mr. Biden and other…