Trump Holds Off on Tariffs, but Paves the Way for Future Trade Action
The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico.
The president’s executive action on trade will keep all possibilities on the table, including eventual tariffs against China, Canada and Mexico.
Government agencies that shrank in President-elect Trump’s first term have mostly bounced back, and some have become even larger.
The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.
Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.
Mr. Trump has said he plans to nominate Billy Long, a former Republican congressman, to the role.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.