business

President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico and China, triggering a trade war that risks undermining the United States economy. His actions have upended diplomatic relations with America’s largest trading partners, sent markets tumbling, and provoked retaliation … Read more

Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick, the commerce secretary, suggested that … Read more

“Paradise” is a TV show on Hulu about a postapocalyptic society that lives underground in a suburb. “Silo” is a TV show on Apple TV+ about a postapocalyptic society that lives underground in an apartment tower. Both are propelled by mysteries. Both feature curious heroes. Both have shifty leaders who lie, blackmail and murder to … Read more

Source: The National Highway Traffic Safety Administration The New York Times President Trump’s 25 percent tariffs on goods from Canada and Mexico could be felt particularly acutely by automakers — and car buyers — because of the number of vehicles and parts that come into the United States every day as they head to market. … Read more

Sweeping tariffs on imports from Canada, Mexico and China went into effect just after midnight on Tuesday, raising U.S. tariffs to levels not seen in decades and rattling foreign governments and businesses that depend on international trade. As of 12:01 a.m. Tuesday, the Trump administration added a 25 percent tariff on all imports from Canada … Read more

When President Trump announced last week that an additional 10 percent tariff on Chinese goods would take effect on Tuesday, Logan Vanghele immediately called the logistics company that was handling a $120,000 shipment of aquarium products for his small business. The cargo was on a ship en route to Boston from China. His message was … Read more

When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada created a “fentanyl czar” and … Read more

President Trump on Saturday initiated an investigation into whether imports of lumber threaten America’s national security, a step that is likely to further inflame relations with Canada, the largest exporter of wood to the United States. The president directed his commerce secretary, Howard Lutnick, to carry out the investigation. The results of the inquiry could … Read more

President Trump has issued an unremitting stream of tariff threats in his first month in office, accompanied by nearly as many reasons for why they should go into effect. Tariffs on Canada, Mexico and China are a cudgel to force those countries, America’s largest trading partners, to crack down on the flow drugs and migrants … Read more

A Senate committee voted on Thursday to advance President Trump’s nominee as labor secretary to a full Senate vote, with some crossing of party lines — a reflection of intraparty divisions over organized labor. The nominee, Lori Chavez-DeRemer, a former Republican congresswoman from Oregon, faced pointed questions at her confirmation hearing last week over her … Read more