It Is Happening Every Day, Every Where
President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.
A donor network co-founded by Vice President JD Vance is set to host Robert F. Kennedy Jr., Scott Bessent, Tulsi Gabbard and Steve Witkoff.
The president plans to wield tariffs like financial sanctions, ordering that countries that buy Venezuelan oil have tariffs put on their exports to the United States.
The president threatened to wield tariffs like financial sanctions, saying that countries that buy Venezuelan oil would see tariffs put on their exports to the United States.
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress does not lift or suspend the nation’s debt limit.
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.