The president says Americans must sever commercial dependence on China. He also says he wants powerful economic growth. The trade war threatens to force him to choose. Source: NYT > Business – Peter S. Goodman
Business Groups Warn of Consequences as Trump’s Trade War Spirals
After the latest escalation, a wide array of business leaders raised the alarm on the likely costs for workers and consumers. Source: NYT > Business – Nathaniel Popper
Terrorists Turn to Bitcoin for Funding, and They’re Learning Fast
The authorities have begun to raise alarms about a steady uptick in the number of militant groups using the hard-to-trace digital currency. Source: NYT > Business – Nathaniel Popper
Senators Grill Facebook Executive on Company’s Cryptocurrency Plans
Members of the Senate Banking Committee on Tuesday raised broad concerns about its Libra effort, which the company introduced last month. Source: NYT > Business – Mike Isaac and Nathaniel Popper
As Nations Look to Tax Tech Firms, U.S. Scrambles to Broker a Deal
The proposed levies on firms like Facebook and Google are pitting traditional allies against one another and threatening to set off a cascade of tax increases and tariffs. Source: NYT > Business – Jim Tankersley and Alan Rappeport
As Nations Look to Tax Tech Firms, U.S. Scrambles to Broker a Deal
The proposed levies on firms like Facebook and Google are pitting traditional allies against one another and threatening to set off a cascade of tax increases and tariffs. Source: NYT > Business – Jim Tankersley and Alan Rappeport