In the midst of NAFTA negotiations, a schism has grown between President Trump and the business sector. Tom Donohue, the president of the U.S. Chamber of Commerce — the pro-business U.S. Chamber of Commerce — called the Trump administration’s negotiating tactics on the trade deal an existential threat to it. Donohue’s comments come as negotiations to […]

Kobe Steel in Japan has admitted that some of its employees falsified strength data of some of its rolled aluminum. That metal is used in a lot of things worldwide, like cars, planes and trains. Investigations are underway, but what will the consequences be for the company and the wider Japanese manufacturing sector? Click the […]

The Environmental Protection Agency has started the process to repeal the Clean Power Plan, an Obama-era measure to reduce emissions from power plants. In his announcement, Scott Pruitt characterized the repeal as an end to a “war on coal.” But in the real world of energy markets, not a whole lot is expected to change. […]

For the time being at least, Congress is not going to repeal Obamacare. But President Trump knows there’s a lot he can do on his own. There are reports that he’s going to issue an executive order this week, making it easier for insurers to sidestep ACA regulations and sell more bare bones, cheaper plans […]

The White House sent Congress a letter yesterday, outlining what it wants in immigration reform. The list of White House wants was long. Just a few items: ending funding for so-called sanctuary cities, the completion of construction of President Trump’s wall along the Mexican border, and reducing the number of refugees the U.S. admits each […]