President Trump’s tough talk on China typically centers on tariffs. But a closer look at the decisions he has made since taking office shows that the president is considering a far wider set of economic restrictions on Beijing, ones that could hasten America’s split from a critical trading partner. The Trump administration has so far … Read more
The Trump administration has opened a broad new front in its global trade conflict, proposing to affix levies reaching $1.5 million on Chinese-made ships arriving at American ports. Such fees would apply even on vessels made elsewhere if they are operated by carriers whose fleets include Chinese ships — an approach that risks increasing costs … Read more
Dockworkers on the East and Gulf Coasts voted in favor of a new contract on Tuesday, ending labor turbulence at ports that handle a large share of U.S. trade with the rest of the world. The dockworkers’ union, the International Longshoremen’s Association, said nearly 99 percent of its members had supported the contract, which raises … Read more
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation have started to move up, according to metrics closely watched by officials at the Federal Reserve. So far, the data, including a consumer survey from the University of Michigan and market-based measures of investors’ expectations, … Read more
Lawyers for Paramount and President Trump have agreed to appoint a mediator in his $20 billion lawsuit against CBS, according to two people with knowledge of the decision. The move to bring in a mediator is another indicator that the two sides are trying to resolve the case, over the editing of a “60 Minutes” … Read more
New York Public Radio said on Tuesday that it would lay off about 7 percent of its staff as it continued to struggle with a financial shortfall. Twenty-one full-time roles will be eliminated, with three of them becoming part time, the chief executive, LaFontaine Oliver, said in an email to the staff. Seven open roles … Read more
In news about the Trump administration’s job-slashing effort, one class of federal workers comes up repeatedly: “probationary” employees. At the Internal Revenue Service, 6,700 people with that status are being let go. At the Department of Health and Human Services, reports indicated the total could be 5,200. The Pentagon announced last week it would terminate … Read more
President Trump signed an executive order Tuesday directing his commerce secretary, Howard Lutnick, to begin an investigation into whether foreign production of copper and imports of the material into the United States pose risks to America’s economic and national security. White House officials said that, depending on the results of the investigation, new tariffs could … Read more
The White House press secretary, Karoline Leavitt, said on Tuesday that the Trump administration would start handpicking which media outlets were allowed to participate in the presidential pool, the small, rotating group of journalists who relay the president’s day-to-day activities to the public. The change announced by Ms. Leavitt breaks decades of precedent. The White … Read more
The shrimp cocktail at the comically exclusive Polo Bar in Manhattan is an imposing specimen, the crustaceans arriving tightly shingled on a steeple of ice accented by a celery spire. To devour one in a single bite would be gluttonous. Each requires at least three bites to enjoy — and to ensure the tail meat … Read more