Billionaire Trump donor and tariff advocate is moving his Ohio manufacturing plant to China: report

Billionaire Trump donor and tariff advocate is moving his Ohio manufacturing plant to China: report

Cue sad trombone: Hedge fund billionaire John Paulson — a major Trump donor and tariff advocate — is closing his Ohio brass instrument plant and outsourcing the work to China, according to a new report. Paulson’s company, Conn Selmer, the nation’s top maker of brass and orchestral instruments, has notified employees that it will move … Read more

Senator demands answers after Trump accepts Rolex and gold bar before slashing tariffs on Switzerland

Senator demands answers after Trump accepts Rolex and gold bar before slashing tariffs on Switzerland

President Donald Trump is being asked to provide more information about the Rolex watch and gold bar he accepted from Swiss traders last year, shortly before agreeing to lower tariffs on Swiss goods, by the top Democrat on the Senate Finance Committee. Oregon Sen. Ron Wyden is seeking more details to determine whether the president … Read more

The Supreme Court plans rulings for January 14 as Trump’s tariffs remain undecided

The Supreme Court plans rulings for January 14 as Trump’s tariffs remain undecided

By Andrew Chung WASHINGTON, Jan 9 (Reuters) – The U.S. Supreme Court is expected to issue its next decisions on Jan. 14 as several major cases remain pending including the legality of President Donald Trump’s massive global tariffs. The Court indicated on its website on Friday that it may release decisions in argued cases when … Read more

Trump launched global tariff wars in 2025. Here is a summary of his business actions this year

Trump launched global tariff wars in 2025. Here is a summary of his business actions this year

It has been a rollercoaster of a year for US trade policy. President Donald Trump launched a barrage of new tariffs in 2025, plunging the United States into trade wars with nearly every country in the world. Volley after volley of threats and steeper import taxes often arrive erratically – with Trump claiming that such … Read more