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1 week ago | 
japantimes.co.jp | Jennifer A. Dlouhy |Nancy Cook |Eric Martin
The Trump administration is preparing to pressure nations to curb trade with China in negotiations over U.S. tariffs, according to people familiar with the matter. Dozens of nations are seeking reductions or exemptions from President Donald Trump’s historic import taxes. In exchange for doing so, the U.S. is set to ask them to take steps limiting China’s manufacturing might, a bid to ensure Beijing doesn’t find avenues around Trump’s tariffs.
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2 weeks ago | 
nationalpost.com | Josh Wingrove |Hadriana Lowenkron |Nancy Cook
Advertisement 1Trump's slew of comments Monday offered little clarity about what he wants from trading partners in exchange for lowering tariffs — or whether he’s willing to do that at all • You can save this article by registering for free here. Or sign-in if you have an account.
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3 weeks ago | 
news.bloomberglaw.com | Nancy Cook |Saleha Mohsin
Republicans are weighing the creation of a new bracket for those earning $1 million or more to offset some of the costs of their tax bill, a stark departure from decades of GOP opposition to tax increases, according to people familiar with the matter. Deliberations have included a new top rate that would be around 39% to 40%, according to people familiar with the matter, who have requested anonymity to discuss a matter that is still being negotiated.
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1 month ago | 
news.bloomberglaw.com | Nancy Cook |Saleha Mohsin |Annmarie Hordern
Candidates asked for views on executive orders, Jan. 6 clashVetting process led by former Hill aide who DJed at Mar-a-LagoThe White House is giving potential job candidates litmus tests in interviews to make sure they are sufficiently loyal to President Donald Trump and his second-term agenda, according to people familiar with the process. Among the questions asked of multiple candidates: Would you be willing to serve as a spokesperson for mass deportations?
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2 months ago | 
news.bloomberglaw.com | Nancy Cook |Paige Smith
The former chief technologist of the Consumer Financial Protection Bureau alleged in a legal filing that the Trump administration is on the verge of deleting a database with sensitive financial information, as concerns mount over billionaire Elon Musk’s efforts to dismantle federal agencies.
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2 months ago | 
news.bloomberglaw.com | Nancy Cook |Gregory Korte |Dana Hull
Elon Musk and his Department of Government Efficiency have cracked into closely guarded US government networks, pushed tens of thousands of federal workers to leave their jobs and created a pervasive sense that the rules that once made the bureaucracy function are being torn away. It’s now clear they are just getting started. President Donald Trump signed a new executive order on Tuesday that makes DOGE even more powerful.
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2 months ago | 
news.bloombergtax.com | Nancy Cook |Gregory Korte |Dana Hull
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2 months ago | 
news.bloomberglaw.com | Nancy Cook |Saleha Mohsin |Jenny Leonard
President Donald Trump’s tariff plans are the great unknown in the global economy right now — and it’s partly because his team is still trying to figure out what to do. Tariffs were so central to Trump’s victorious election campaign that trade experts, and even some of his allies, were surprised when they went missing in action during his first days back in the White House.
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Jan 22, 2025 | 
news.bloomberglaw.com | Nancy Cook |Nacha Cattan
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass tax bill this year. New York Republicans are having discussions about how to raise the $10,000 SALT cap so that their constituents can deduct more local income and real estate taxes from federal bills.
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Jan 22, 2025 | 
news.bloombergtax.com | Nancy Cook |Nacha Cattan
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass tax bill this year. New York Republicans are having discussions about how to raise the $10,000 SALT cap so that their constituents can deduct more local income and real estate taxes from federal bills.
