President Trump’s threat to fire Lisa Cook, a Federal Reserve governor, came after the director of the Federal Housing Finance Agency accused her of mortgage fraud.
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
If confirmed, Stephen Miran, the current chair of the Council of Economic Advisers, would temporarily fill a position left vacant by Adriana Kugler, who is stepping down early.
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
A fuel station in Sonipat, India. Under a new executive order, India would face a 25 percent tariff starting on Aug. 27 if it continues to buy oil from Russia.
Kevin Hassett, the director of the White House National Economic Council, declined to give evidence to substantiate the president’s claims that economic data had been manipulated.
Connexion
