Latest news with #JoshWingrove
Bloomberg
05-06-2025
- Business
- Bloomberg
Trump Says He's ‘Disappointed' by Musk Over Critique of Tax Bill
By and Josh Wingrove Save President Donald Trump said he is disappointed with Elon Musk after his recently departed billionaire adviser turned against the Republican tax policy bill at the center of his domestic agenda. Trump told reporters on Thursday the Tesla Inc. chief executive officer is frustrated by the bill's cuts to electric-vehicle tax credits.
Bloomberg
05-06-2025
- Politics
- Bloomberg
What to Know About Trump's New Travel Ban
By and Josh Wingrove Save US President Donald Trump signed a proclamation on June 4 to block citizens of 12 countries, mostly in the Middle East and Africa, from entering the US. The ban, due to take effect on June 9, is the latest step in Trump's sweeping immigration agenda. Since taking office in January, he has cracked down on undocumented migration, ramped up deportations and restarted construction of a wall along the US-Mexico border that he initiated during his first presidential term. He is also seeking to end automatic US citizenship for children born in the country to parents who are there unlawfully.
Bloomberg
05-06-2025
- Politics
- Bloomberg
Trump Signs Travel Ban for 12 Countries Including Afghanistan
By and Josh Wingrove Updated on Save President Donald Trump on Wednesday signed a proclamation that bans individuals from 12 countries from entering the US, reinstating one of the most controversial and defining measures from his first term in the wake of an attack in Boulder, Colorado, that targeted a march in support of Israeli hostages. The second-term travel ban covers Afghanistan, Myanmar, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. The measure also partially limits entry of people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela.
Bloomberg
03-06-2025
- Business
- Bloomberg
Trump Jumps Back on Tariff Roller Coaster With Latest Duties
This is Washington Edition, the newsletter about money, power and politics in the nation's capital. Today, White House correspondent Josh Wingrove looks at the president's latest moves on tariffs. Sign up here and follow us at @bpolitics. Email our editors here. Donald Trump's trade fights remain a roller coaster for investors and businesses. More sharp turns are coming up.
Business Insider
31-05-2025
- Business
- Business Insider
Trump to increase steel tariffs to 50% from 25%, Bloomberg reports
U.S. President Donald Trump said he would raise tariffs on steel to 50% from 25%, claiming such an action would help protect American steelworkers during a visit to a U.S. Steel (X) factory on Friday, Bloomberg's Josh Wingrove and Joe Deaux report. The president was visiting the plant to champion the expected tie-up between U.S. Steel and Nippon Steel (NPSCY) as one that would ensure the American company continues to be U.S.-owned and operated, even as details on the pact are still scarce, the authors say. Trump said the new tariffs would benefit the new entity's U.S. operations, the authors note. Other publicly traded companies in the space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), and Steel Dynamics (STLD). Confident Investing Starts Here:
