What Happens to Trump’s Tariffs Now That a Court Has Knocked Them Down?
A federal court blocked the president’s audacious plan to impose massive taxes on imports, but it may not be the end of the story.
A federal court blocked the president’s audacious plan to impose massive taxes on imports, but it may not be the end of the story.
The battered life sciences sector is already sitting on enough empty lab space to fill 16 Prudential towers. Now, the Trump administration’s plans to cut billions in research grants will make the sector even worse.
President Donald Trump is drastically shrinking the workforce and mission of the Consumer Financial Protection Bureau, eviscerating an agency created after the Great Recession with the goal of protecting Americans from fraud, abuse and deceptive practices.
President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday after Powell signaled that the Fed will keep its key interest rate unchanged while it seeks “greater clarity” on the impact of Trump’s policies.
Questions will still swirl around trade and tariffs for months to come, economists say. And more tariffs are in the pipeline and could target specific industries like lumber.
With the potential for more tariffs to be announced on Wednesday, business leaders in Massachusetts are growing concerned about how it will affect local business.
Massachusetts’ top politician says Trump administration research cuts and attempts to deport foreign students over their political views could deal serious blows to two of the state’s biggest industries.
President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.
For the Massachusetts real estate and housing industries, tariffs could potentially hit in two ways: higher materials costs and higher mortgage rates, driven by rising bond yields and inflation fears.
President Donald Trump is moving to give the White House direct control of independent federal corporate regulators.
Advocates for ditching the penny cite its high production cost – currently almost 4 cents per penny, according to the U.S. Mint – and limited utility.
A Sunday night email ordered the bureau to “cease all supervision and examination activity,” effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
The future of the nation’s top consumer financial regulator is in doubt, and that’s opening questions about the impact on local banks.
Local low-income housing providers are left wondering if they will be able to make upcoming payments as early as next month, and numerous down payment assistance programs could also be impacted.
The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates, but his policies could do the opposite, some analysts say.
Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy.
The president-elect outlined a wide-ranging agenda on the campaign trail that blends traditional conservative approaches to taxes, regulation and cultural issues with a more populist bent on trade.
The New York attorney general’s office late Tuesday told a court its investigators have uncovered evidence that former President Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits.
Someone feels cheated out of credit.