Jamieson Greer, left, the U.S. trade representative, and Scott Bessent, the U.S. Treasury secretary, met for trade talks in May with He Lifeng, China’s vice premier for economic policy, in Geneva.
Chris Wright, the energy secretary, said he would push Europe to loosen environmental rules and buy more gas. Doug Burgum, the interior secretary, tied fossil fuels to a need to win the A.I. race.
Chris Wright, the energy secretary, said he would push Europe to loosen environmental rules and buy more gas. Doug Burgum, the interior secretary, tied fossil fuels to a need to win the A.I. race.
Interior Secretary Doug Burgum, left, and Energy Secretary Chris Wright at the White House in March. They are currently in Europe to press U.S. energy interests.
Many American companies have had to shoulder at least some of the costs of tariffs, biting into earnings the same way a corporate tax increase would, analysts say.
Many American companies have had to shoulder at least some of the costs of tariffs, biting into earnings the same way a corporate tax increase would, analysts say.
Who actually bears the burden of paying President Trump’s tariffs — and, therefore, who would benefit from their potential end — has been a central economic debate this year.
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
As the commerce secretary and a top official in charge of President Trump’s trade negotiations, Howard Lutnick has an array of powerful economic levers to deploy.
The economy added only 22,000 jobs in August. President Trump’s high tariffs and mass deportations appear to have created noticeable pressure on employers.
President Trump has maintained that any erosion in his ability to impose levies using the International Emergency Economic Powers Act will inflict damage on the United States by robbing it of both revenue and leverage.
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s independence.
President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s independence.