Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
The delay in disbursement has forced the news organization, which relies almost exclusively on congressional funding, to furlough some of its staff and cut parts of its programming.
In just three weeks, the Pentagon has used $200 million worth of munitions in Operation Rough Rider against the Houthi militia, officials said.
No reason was given for the removal of Gen. Timothy D. Haugh, but the far-right activist Laura Loomer had called for his ouster in a meeting with President Trump, an official said.
The list was similar to one sent to Columbia University last month after the government canceled $400 million to the school. Harvard may have $9 billion on the line.
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of freer trade.
About 130 employees of the Wilson Center were told they were being put on leave, just four days after workers for Elon Musk’s team entered the center.
The TV celebrity doctor, a cardiothoracic surgeon, will take the reins at a time when the agency is facing cutbacks, especially for the poor, and scrutiny of its missions.
The president’s comment was a rare instance in which he and House Speaker Mike Johnson were not on the same side of an issue.
A coalition of states sued over the Trump administration’s unexpected move to cut off the funds, which they said imperiled everything from childhood vaccination programs to opioid addiction treatment.