Nvidia and Other Chip Giants Are Caught in Trade War Crossfire
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders about the tariffs fallout. Source link
United States Politics and Government
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Trump Has Mixed Emotions Toward Japan
This month in the White House’s Rose Garden, as he held up a placard showing the global wave of tariffs he wanted to impose, President Trump paused to fondly recall a fallen friend. “The prime minister of Japan, Shinzo, was — Shinzo Abe — he was a fantastic man,” Mr. Trump said during the tariff…
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
Trump and DOGE Are Planning Deregulation at a Massive Scale
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty. At the Mine Safety and Health Administration, powerful lobbying groups have asked the administration to eliminate a rule to protect miners from inhaling the dust of crystalline…
White House to Ask Congress to Rescind $1.1 Billion From NPR and PBS
The White House is planning to ask Congress to claw back more than $1 billion slated for public broadcasting in the United States, according to two people briefed on the plan, a move that could ultimately eliminate almost all federal support for NPR and PBS. The plan is to request that Congress rescind $1.1 billion…
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what has long been the safest haven in global financial markets. An index that tracks the dollar against a basket of major trading partners fell for a fifth straight day, even as U.S….
Trump Signals Semiconductor Tariffs Are Coming ‘Very Soon’
President Trump is expected to announce further tariffs this week, probably including levies on semiconductors, as he moves forward with a trade investigation related to national security. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. The United States is heavily dependent on…
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Markets catch their breath Investors are breathing a bit easier on Monday, with markets rallying in Asia and Europe on hopes for a reprieve on tech tariffs. The optimism seems to contradict President Trump’s own words. The president has signaled that yet another round of levies are on the way, sowing more confusion among business…
The Former C.I.A. Officer Capitalizing On Europe’s Military Spending Boom
During a 24-hour swing through Copenhagen last month, Eric Slesinger met with engineers making maritime drones, developers of war-planning software and an adviser to NATO. He had recently visited London for a dinner with a senior British intelligence official and would soon head to the Arctic to learn about the technologies that could handle extreme…
Trump Wants to Reverse Coal’s Long Decline. It Won’t be Easy.
President Trump last week issued executive orders designed to revive the use of coal in power plants, a practice that has been steadily declining for more than a decade. But the effort is likely to fail, energy experts said, because the fossil fuel faces some critical hurdles. The power that coal plants produce typically can’t…