Business Update

Trade rebounded slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States, data released Thursday showed. Source link

Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs. Source link

The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops. Source link

A survey shows employers expect a sharp increase in benefit costs for next year, and many will want workers to shoulder more of the burden. Source link

U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal. Source link

Takeshi Niinami said he never used the products in Japan, where officials are investigating whether they are banned under the country’s strict drug laws. Source link

A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs. Source link

He also worked security for the 1963 March on Washington, and ended up with Martin Luther King Jr.’s copy of the “I Have a Dream” speech. Source link

The smaller outlet in conservative TV news argued in a lawsuit that Fox News had essentially created a monopoly. Fox said the case had no merit. Source link

The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors. Source link