Bloomberg News Now
Trump says Harvard to Lose Tax-Exempt Status, Trade, More
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Overview
President Trump targets Harvard’s tax-exempt status amid evolving U.S.-China trade talks.
Takeaways
  • Trump declares Harvard will lose tax-exempt status to challenge its financial privileges, escalating tensions around educational institutions' tax benefits.
  • U.S.-China trade relations show tentative progress as China considers tariff exemptions on $40 billion of U.S. goods and hints at dialogue to ease trade tensions.
  • Trump’s administration proposes a budget cutting domestic spending by 23% and boosting defense by 13%, along with moves to end federal funding for NPR and PBS.
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    The Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of Change
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    The Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of Change
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