President Trump’s imposition of tariffs on all steel and aluminum imports could make it more expensive to produce cars in the United States, dealing another blow to automakers already facing the potential of rising steel prices because of other policies from his administration. Top of mind for auto executives was the bid by the Japanese … Read more
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr. Trump’s tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world. … Read more
Opposite the bustling Nassau Bahamas Cruise Terminal, where it is not unusual to see four or five passenger ships docked at once, is a slice of tropical paradise with miles of white-sand beaches and turquoise water. Once dotted with mansions, the 17-acre expanse on the western end of the Bahamas’ Paradise Island, has been acquired … Read more
The nation’s top securities regulator is backing down on crypto enforcement and climate disclosure initiatives as the agency is expected to take a more friendly and receptive approach to companies. But not everyone at the Securities and Exchange Commission is on board with this change in priorities under the Trump administration. When the S.E.C. announced … Read more
The European Union has spent months bracing for painful tariffs from the United States, the bloc’s most important trading partner. On Wednesday, as American steel and aluminum tariffs of 25 percent took effect, European officials began to respond. While the United States buys the most steel and aluminum from countries including Canada, Brazil and Mexico, … Read more
“Making It Work” is a series about small-business owners striving to endure hard times. When Nicole Rizzo saw the “For Sale” listing for Die Cleaning Equipment, the first detail she liked was that it was run by a married couple. Ms. Rizzo, then 43, was searching for a company to run alongside her own husband. … Read more
President Trump’s sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America’s trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties. Mr. Trump’s tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world. … Read more
President Trump escalated his fight with Canada on Tuesday, threatening to double tariffs on steel and aluminum imports and pressing to turn one of America’s closest traditional allies into the 51st state. After several tense hours, both sides backed down, at least for now. It was the latest in a week of chaotic trade moves, … Read more
President Trump hosted an exclusive car show at the White House on Tuesday afternoon. The only company represented: Tesla. The only purpose: helping Elon Musk. With Tesla facing a backlash over Mr. Musk’s role in the Trump administration, the president said he wanted to buy one of the company’s electric vehicles. But Mr. Trump, always … Read more
In Jim Ratcliffe’s telling, he’s the one doing the favor. A favor to the people of Manchester, to the British government and to the country more broadly. The billionaire co-owner of Manchester United on Tuesday pitched a new soccer stadium as crucial to the success of plans by Britain’s Labour Party to regenerate a large … Read more