Browsing: Donald Trump

The US tariff situation may have fallen off the front pages of many newspapers, but the business media remains on top of the latest news from Washington. Despite Trump issuing an exemption for big tech in his tariffs on China, he has since signalled that it’s only a temporary measure and investigations are under way into the semiconductor and pharmaceutical trade – which could lead to their tariff exemptions ending. 

The US federal government has frozen over $2.2 billion in grants and $60 million in contracts to Harvard University due to its refusal to restrict campus activism, a demand from the Trump administration.

The value of the US dollar has fallen in recent days to a new three-year low following the uncertainty over the impact of the Trump tariffs on the global economy.