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President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as…

Film at Lincoln Center, the nonprofit organization that programs the New York Film Festival, has named the British movie executive Daniel Battsek its next president. From 2016 until early 2024, Battsek, 66, was chairman of the British production company Film4, overseeing the financing of “Three Billboards Outside Ebbing, Missouri” (2017) and “The Banshees of Inisherin”…

China is playing with ‘losing hand’ in tariff standoff, Bessent says U.S. Treasury Secretary Scott Bessent says China is playing with a “losing hand” in the escalating tariff back-and-forth between the two countries. “I think it was a big mistake, this Chinese escalation, because they’re playing with a pair of twos,” Bessent said on “Squawk…

AMY GALLO: Okay, time for Ask the Amys. AMY BERNSTEIN: This is when listeners send us their dilemmas. They may be interpersonal, they may be with their managers, they may be about their own professional development, and we chew them over and share our thoughts. AMY GALLO: That’s right. And today’s questions are around returning…

China lashed out at the United States on Tuesday after President Trump demanded that Beijing rescind its retaliatory tariffs or face an additional 50 percent U.S. levy, calling his threat “blackmail,” as tensions between the two major powers rose. The Ministry of Commerce, without referring to the American president by name, said that Beijing had…

After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize…

The Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher Tuesday, rebounding from previous session’s losses over U.S. President Donald Trump’s tariff policy and threats of even higher levies against China. Australia’s S&P/ASX 200 added 0.18% at the open. Japan’s…

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