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2 weeks ago | 
news.nestia.com | Ben Blatt |Francesca Paris |Ethan Singer
Why Small Changes Meant Big Differences in Tariff Rates, From Bermuda to Switzerland Why Small Changes Meant Big Differences in Tariff Rates, From Bermuda to Switzerland By Ben Blatt , Francesca Paris and Ethan Singer April 4, 2025 …… Read full article on The New York Times-Business America Trade
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2 weeks ago | 
nytimes.com | Ben Blatt |Francesca Paris |Ethan Singer
President Trump's new tariffs on more than 100 countries used the same simple formula to calculate the rate for each of them. The formula's central value is the trade deficit, the difference between imports and exports between each country and the United States, for the year 2024. The slightly more detailed math looks like this:Mr. Trump has said these tariffs will reduce trade imbalances and level the international playing field.
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1 month ago | 
businessandamerica.com | Ethan Singer |Emily Badger
Elon Musk’s cost-cutting team debuted a website last month cataloging the contracts the group says it has canceled to save taxpayers money. Since then, the list has undergone dizzying changes. New contracts have been added, others deleted. Values have been altered, and altered again. The changes tell a story of how the Musk team, known as the Department of Government Efficiency, operates.
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1 month ago | 
nytimes.com | Ethan Singer |Emily Badger
Elon Musk's cost-cutting team debuted a website last month cataloging the contracts the group says it has canceled to save taxpayers money. Since then, the list has undergone dizzying changes. New contracts have been added, others deleted. Values have been altered, and altered again. The changes tell a story of how the Musk team, known as the Department of Government Efficiency, operates.
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1 month ago | 
mahoningmatters.com | Emily Badger |Aatish Bhatia |Josh Katz |Margot Sanger-Katz |Ethan Singer |NYT Washington
Elon Musk and his team of budget cutters have claimed credit for billions of dollars in canceled government contracts. But their initiative, the Department of Government Efficiency, has so far barely touched the biggest sources of contract spending in the federal budget. The narrow focus has meant DOGE’s impact on the federal budget has been narrow, too.
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1 month ago | 
nytimes.com | Emily Badger |Aatish Bhatia |Josh Katz |Margot Sanger-Katz |Ethan Singer
Elon Musk and his team of budget cutters have claimed credit for billions of dollars in canceled government contracts. But their initiative, the Department of Government Efficiency, has so far barely touched the biggest sources of contract spending in the federal budget. This narrow focus has meant DOGE's impact on the federal budget has been narrow, too.
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1 month ago | 
nytimes.com | Ethan Singer
Federal agencies moved to satisfy Trump’s orders to remove topics like diversity initiatives and “gender ideology.”
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1 month ago | 
mahoningmatters.com | David Fahrenthold |Aatish Bhatia |Margot Sanger-Katz |Emily Badger |Ethan Singer |Josh Katz | +1 more
Last week, Elon Musk’s government cost-slashing initiative, which he calls the Department of Government Efficiency, posted an online “wall of receipts,” celebrating how much it had saved by canceling federal contracts. Now the organization, which is also known as the U.S. DOGE Service, has deleted all of the five biggest “savings” on that original list, after The New York Times and other media outlets pointed out they were riddled with errors.
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1 month ago | 
nytimes.com | David Fahrenthold |Aatish Bhatia |Margot Sanger-Katz |Emily Badger |Ethan Singer |Josh Katz
Last week, Elon Musk's government cost-slashing initiative, dubbed the Department of Government Efficiency, posted an online "wall of receipts," celebrating how much it had saved by canceling federal contracts. The last of the original top five disappeared from the site in the early hours of Tuesday, even as the group claimed in its latest update that its savings to date had increased to $65 billion.
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2 months ago | 
bostonglobe.com | Aatish Bhatia |Emily Badger |David Fahrenthold |Josh Katz |Margot Sanger-Katz |Ethan Singer
Elon Musk and his Department of Government Efficiency say they have saved the federal government $55 billion through staff reductions, lease cancellations and a long list of terminated contracts published online this week as a “wall of receipts.” President Donald Trump has been celebrating the published savings, even musing about a proposal to mail checks to all Americans to reimburse them with a “DOGE dividend.” But the math that could back up those checks is marred with accounting errors,...
