Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting that the company’s future is…
President Trump is pursuing a far more aggressive trade policy than he embraced in his first term, allowing his unfettered instincts about how to put America at the forefront to guide him with little pretense of investigations or extended deliberations. Since taking office, Mr. Trump has threatened tariffs on goods from potentially every global trading…
Hours after President Trump paved the way for upending the United States’ trade relationship with India with broad “reciprocal” tariffs, he and Prime Minister Narendra Modi presented a united front during a news conference on Thursday at the White House. Mr. Modi became the latest head of state to seek to placate an increasingly power-flexing…
The great collision has begun. As President Trump’s national security team arrived in Europe this week, very little about their hard-line message came as a surprise. But to the political and diplomatic leaders arriving in Munich on Friday for an annual security conference where fault lines in the Western alliance are always on display, it…
President Trump signed a memorandum on Thursday ordering his advisers to calculate new tariff levels for other countries globally, an ambitious task that will shatter the rules of the global trading system and likely set off furious negotiations in the coming months. The president directed his advisers to come up with new tariff levels that…
The economic relationship between India and the United States is widely seen as good for both sides. Two-way trade is growing and, alone among Asian countries, India routinely trades more with the United States than it does with China, its neighbor and rival. Yet under President Trump, trade is a point of friction. Like virtually…
As he prepared to go to Washington this week, India’s prime minister, Narendra Modi, spoke of building on the warm relations he shared with President Trump during his first term in the White House. But Mr. Trump can be a fickle friend. So when Mr. Modi meets with him on Thursday, he is expected to…
Nations targeted by President Trump’s tariffs on steel and aluminum decried the measures as unfair Tuesday and threatened to retaliate in a growing trade dispute that threatens to further roil economic markets and strain the United States’ relations with major allies. Prime Minister Justin Trudeau of Canada, the United States’ biggest supplier of both metals,…
Since taking office, President Trump has threatened European countries’ security and economies, angled to take control of Greenland, and promised to “definitely” slap the nations with tariffs. Even parties that would seem to be his natural allies are nervous. Some have quietly tiptoed back from the American president. But Saturday was not the day for…
The European Union spent last year drawing up secret plans for what the bloc would do if President Trump made good on his threats of imposing higher tariffs on European goods and services. Now, as those threats go from hypothetical to potentially imminent, its plans are coming into broad focus. Hit specific, politically sensitive sectors…