President Trump is advocating for the United States to take control of Gaza and relocate the Palestinian population, citing real estate development opportunities. Trump’s family has significant business interests in the Middle East, including projects in Oman, Saudi Arabia, and Dubai. Jared Kushner, Trump’s son-in-law, has investments in the region, including partnerships with LIV Golf and Israeli businesses.
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Tariffs Add to Automaker Concerns About Higher Steel Costs
President Trump's imposition of tariffs on steel and aluminum imports may increase production costs for U.S. automakers, already facing potential price hikes due to other policies. Auto executives had hoped for Trump's approval of Japanese steel maker Nippon Steel's bid to acquire U.S. Steel, believing it would boost competition and lower prices, but the president rejected the deal, citing concerns over monopolistic practices. As U.S. Steel faces financial troubles and Cleveland-Cliffs eyes a bid, the...
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