The White House hit Brazil on Wednesday with a 50 percent tariff and sanctions on a justice overseeing investigations into former President Jair Bolsonaro.
Tag: Treasury Department
Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Why China Isn’t Lecturing Trump About His Costly Bill
Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.
Why China Isn’t Lecturing Trump About His Costly Bill
Beijing has a history of warning Washington about the safety of its Treasury holdings. This time it may have reasons to stay silent, at least publicly.
U.S. Accuses Three Mexican Financial Firms of Aiding Fentanyl Trade
“We neither deny nor accept this,” Mexico’s president said about U.S. accusations that Mexican firms laundered millions of dollars in connection with fentanyl trafficking.
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.
Senators Denounce Trump Administration’s Response to Myanmar Quake
Democratic senators said in a letter that the administration was failing its first test of humanitarian aid as China and Russia send teams to help.
Bessent to Skip G20 Finance Ministers Meeting in South Africa
The Treasury secretary is the second top U.S. official not to attend the Group of 20 gatherings because of rising tension with South Africa over its land policies.
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.