The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.
President-elect Donald J. Trump, shown at a rally in August, has urged companies to “drill, baby, drill” and pledged to cut energy bills by at least half, without specifying how.
President-elect Donald J. Trump has argued that steep tariffs on foreign goods will benefit U.S. manufacturing and create jobs, but many economists have warned that such a move may lead to higher costs and globally destabilizing trade wars.
A session at the European Political Community in Budapest on Thursday. The meeting comes on the heels of recent political events in the United States and Germany.
The Trump victory sets back the world’s attempt to rein in dangerous levels of warming and potentially isolates the United States in the global energy transition.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Voters regularly cited the economy as a top concern in polls headed into the election, and they often suggested that they thought Donald Trump would do a better job in managing it.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Donald J. Trump has said he would transform America’s relationship with allies and adversaries. He has pledged to end the war in Ukraine in 24 hours, increase tariffs and deport millions.
Days ahead of the U.N.’s global negotiations on climate change, China and other developing countries said trade restrictions should be part of the talks.
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped products to a firm linked with China’s military industrial complex.
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.
The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.
Already the dominant producer of rare minerals, Beijing is using export restrictions and its power over state-owned companies to further control access.
New data shows the challenges facing Chinese policymakers trying to stimulate an economy marked by falling prices, weak consumer spending and a housing market crash.
David Lammy is set to meet China’s foreign minister in Beijing on Friday, in a trip the British government said would acknowledge “areas of contention as well as areas for cooperation.”
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NYT | Opinion
