Tax Incentives

Trump Vows to Block $14.9 Billion U.S. Steel Buyout, Promises Tariffs to Revive Industry

President-elect Donald Trump has reaffirmed his opposition to the proposed $14.9 billion acquisition of U.S. Steel by Japanese company Nippon Steel. Trump pledged to block the deal, continuing the stance taken by the Biden administration earlier this year. He proposed stronger tariffs and tax incentives to reinvigorate the iconic steel company and prevent it from relocating its operations out of Pittsburgh.

Trump Vows to Block Sale of U.S. Steel to Japanese Nippon Steel

President-elect Donald Trump has pledged to block the sale of U.S. Steel to Japan’s Nippon Steel, proposing tax incentives and tariffs to preserve the historic American company. Nippon Steel offered $15 billion for the acquisition, but Trump declared his opposition, citing economic and national security concerns.

Ford Pulls Back on Electric SUVs

Ford Motor Company announced that it is pulling back on its electric SUV, citing profitability concerns.

Leading Democratic Power Broker Faces Racketeering Charges

Along with five other defendants, George E. Norcross III, a former influential Democratic kingmaker in New Jersey, was charged with racketeering on Monday. The group...

Pentagon Calls for Greater DEI Programs

The Pentagon released a strategy calling for the development of a defense-industrial base focusing on diversity.

Japanese Prime Minister Vows to Cut Taxes on Households and Businesses To Help Country’s Economy

By signaling with subsidies and payouts, Prime Minister Fumio Kishida is stressing his government’s resolve to pull the economy permanently out of stagnation.

Ford Halts Chinese-Backed EV Battery Plant Construction

The move comes amid Congressional concerns that the car company was aligning with the Chinese Communist Party (CCP).

U.S. Faces Drug Shortages Under Biden Administration

“This is, in my opinion, a public health emergency," says professor at the Johns Hopkins School of Medicine.

Ford Motor Company ‘Becoming a National Security Threat’ After Partnering With China

Ford's Chinese partnership aims to make batteries out of cheaper materials.

Top Biden Adviser’s Consulting Clients Stand to Benefit From New Gov’t Spending

White House Senior adviser Anita Dunn has consulted for companies and trade groups that have benefited or stand to benefit from federal funding and is being forced to recuse herself from matters involving them, according to a financial disclosure.

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