Trade Tensions Push Finance Chiefs’ Outlook to Worst in a Year
As the Trump administration keeps piling on tariffs, U.S. stock traders are averting their gaze and holding on tight. Corporate finance chiefs are having a more difficult time.
Trump Presses OPEC to Reduce Prices as Crude Trades Near $80
President Donald Trump resumed his criticism of OPEC, saying on Twitter that the cartel “must get prices down now!”
NAFTA Talks to Pick Up Again as Threat of Auto Tariffs Looms
High-level talks for a new NAFTA are picking up again this week following two months of limited negotiations that were marred by tit-for-tat tariff battles and diplomatic fallout.
Trump Deregulatory Efforts Flounder in Court
A year and a half into the Trump administration’s war against what it deems unneeded regulation, the legal record is coming into focus. And, according to law professors who follow regulation, it ain’t pretty.
Trump Blames Tariff Critics for Weakening US Bargaining Power
President Donald Trump lit into critics of his tariffs, saying discord — some from Republicans in Congress — undercuts his ability to narrow the U.S. trade gaps with other countries.
Mexico Is Said to Push for NAFTA Agreement by End of August
Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.
Trump to Seek Repeal of California’s Smog-Fighting Power
The Trump administration will seek to revoke California’s authority to regulate automobile greenhouse gas emissions — including its mandate for electric car sales — in a proposed revision of Obama-era standards, according to three people familiar with the plan.
Mnuchin Shift to Trade Warrior Makes Him Likely G-20 Target
The U.S. Treasury Department has gone from economic diplomats to trade warriors, a shift that leaves Secretary Steven Mnuchin once again exposed to broadsides from global counterparts as tensions grow ahead of a multilateral summit.
Trump Blasts Fed Rate Hikes, Says Strong Dollar Hurts US
President Donald Trump lashed out at China and the European Union for their weak currencies and said a stronger dollar and rising interest rates are undermining America’s “competitive edge,” taking a fresh jab at the Federal Reserve. Stocks and the dollar fell.
Trump Signs Order to Boost Workforce Development
Trucking industry executives joined President Donald Trump at the White House on July 19 for the signing of an executive order that establishes a council focused on increasing resources for workforce training.