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Trump Administration Plans to Impose 20% Tariff on Canadian Softwood-Lumber Imports
The Trump administration is taking retaliatory action against Canada over a trade dispute, moving to impose a 20% tariff on softwood lumber that is typically used to build single-family homes.
Trump Wants Tax Plan to Cut Corporate Rate to 15%
President Trump has ordered aides to draft a tax plan that slashes the corporate tax rate to 15%, even if that means a loss of revenue and exacerbating the plan’s procedural and partisan hurdles.
Trump Willing to Hold Off on Border-Wall Funding
President Donald Trump is open to waiting until later this year to secure funding for a wall along the border with Mexico, White House officials said Monday night, in a shift that could clear the way for lawmakers to strike a deal to avoid a government shutdown on Saturday.
For Aramco Insiders, Prince’s $2 Trillion IPO Valuation Doesn’t Add Up
Officials working on taking the state-owned oil company public have struggled to come up with a scenario under which Saudi Aramco is worth more than $1.5 trillion, according to people familiar with the matter.
The U.S. Makes It Easy for Parents to Get College Loans—Repaying Them Is Another Story
The federal Parent Plus loan program has millions of borrowers, many with subprime credit ratings. Its default rate exceeds the rate for U.S. mortgages at the peak of the housing crisis, and the debt is almost impossible to extinguish through bankruptcy.
French Vote Fuels Hopes for Growth
The ascension of centrist Emmanuel Macron as the heavy favorite in France’s presidential race spurred investors to set aside the political worries that have long plagued European markets and to make new bets on economic growth.
Apple Hires Rocket Scientists as It Tries to Catch Up in Driverless Cars
Apple’s plan for testing autonomous vehicles calls for putting senior engineers—some with NASA experience—in its cars, a move that suggests the company’s technology is still in early phases.
How an Alternative Donald Trump Opening Act Might Have Unfolded
Let’s imagine an alternative start to Donald Trump’s presidency, one that attempted to take advantage of the fact he isn’t an ideological conservative or traditional Republican, but a radical centrist who should be able to create unconventional, bipartisan coalitions, Gerald F. Seib writes.
Vaunted Ebola Vaccine Faces Questions
The deadly Ebola outbreak in West Africa two years ago, the worst in recorded history, led to a vaccine that seemingly would stop the next Ebola epidemic in its tracks. Now there are questions about that claim.
The Basketball Star Who Was Better at Tennis
Utah Jazz star Gordon Hayward says tennis allowed him to help control his nerves and patience.