As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates.
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The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
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The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
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The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
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The president has reworked his tariffs repeatedly — sometimes because they have been declared illegal — with more updates still to come.
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April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
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Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
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A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
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People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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The commerce secretary appeared for hours in a closed-door session on Wednesday with the House Oversight Committee
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The Equal Employment Opportunity Commission said the paper had engaged in “unlawful employment practices” against the man, who did not get a sought-after promotion.
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Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
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The Equal Employment Opportunity Commission recently referred a reverse-discrimination complaint by an employee to the agency’s legal unit for review.
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Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
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The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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