Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.
Author: Jim Tankersley and Alan Rappeport
Chinese Exports Are Threatening Biden’s Industrial Agenda
The president is increasingly hitting back with tariffs and other measures meant to restrict imports, raising tensions with Beijing.
World Leaders Meet as Global Economy Faces Multiple Threats
High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.
Biden Finds Raising Corporate Tax Rates Easier Abroad Than at Home
As the Group of 20 seals a new global minimum tax for companies, the president has scaled back his plans to tax U.S. corporations more.