Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access to the Fed’s building in Washington.
President Trump’s budget director continued the administration’s pressure campaign against Jerome Powell, the Federal Reserve chair, seated, on Thursday.
The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.
President Trump has seized on Jerome H. Powell’s renovation of the Federal Reserve’s headquarters as a potential reason to fire him, intimating that he engaged in “fraud.”
The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.
Jamieson Greer, the U.S. trade representative, said he was beginning the investigation “into Brazil’s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers and technology innovators.”
The United States has begun investigating Brazil’s trade practices and “anti-corruption interference,” after the president’s criticisms of Brazil’s treatment of Jair Bolsonaro, a Trump ally.
Jamieson Greer, the U.S. trade representative, said he was beginning the investigation “into Brazil’s attacks on American social media companies as well as other unfair trading practices that harm American companies, workers, farmers and technology innovators.”
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
President Trump linked his threat of a 50 percent tariff on Brazil this week to that country’s treatment of its former president Jair Bolsonaro, above.
President Trump linked his threat of a 50 percent tariff on Brazil this week to that country’s treatment of its former president Jair Bolsonaro, above.
President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.
President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.
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