Trump, bills and tax cut
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Ann Arbor officials are tapping into a $1 million contingency fund they set up when bracing for potential negative impacts of another Donald Trump presidency.
NPR's Ayesha Rascoe talks to University of Michigan economist Justin Wolfers about the possible economic impact of the GOP tax and spending bill that narrowly passed in the House.
The Trump administration’s now-paused revocation of Harvard University’s ability to enroll international students raises significant questions about how a ban would impact the school community and its academic research.
When US President Donald Trump took office, he hit pause on wind energy projects. Then came the trade war, and tariffs made key components more expensive. Where does that leave the American clean energy sector?
LANSING — Michigan’s economic outlook is cloudy and risk-laden due to tariffs’ impact on its signature automotive industry, which is projected to see a net decline in vehicle production and potential supply-chain disruptions amid a trade war, economists said Friday.
Consumers showed signs of weakness last month as retail sales slowed, indicating shoppers may be pulling back as they await possible fallout from tariffs. The trend poses a risk for the wider economy, since consumer spending accounts for roughly two-thirds of economic activity.
Consumers Energy was slated to close its last coal-fired power plant on Lake Michigan within weeks, but Trump officials are using emergency authority to intervene.