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China was a huge exception, with Trump saying tariffs are going up to 125% against its products. That raises the possibility of more swings ahead that could stun financial markets.
The pause comes amid a civil rights investigation at the university. A Northwestern spokesperson said federal funds drive lifesaving innovation at the university, which has not received official notice of the funding freeze.
In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking money laundering laws.
The president has threatened to blow up the global tax system. Will allies be able to stop him?