Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
It Is Happening Every Day, Every Where
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
Each year, hundreds of thousands of Canadians visit the desert city. But tariffs and other attacks on their country by the Trump administration are driving them away.
Skepticism has grown of his efforts to expand his authority and of his handling of issues long seen as strengths for him, including the economy and immigration.
Voters think President Trump has gone too far in wielding his power. They see the start of his term as “scary” and “chaotic.” And while it’s still early, they disapprove of his handling of many issues.
It’s not easy to burn this much good will so fast, and it doesn’t usually get any easier from here.
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.
The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China.
The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.