The economy of Laredo, Texas, has boomed under the president’s global tariffs. Now, his demands may threaten its success.
The company is selling more cars, but the company’s profit was down because of price cuts and higher expenses.
The fledgling firm, run by the president’s oldest son and his partner Omeed Malik, has made investments in A.I. and defense technology that have tripled in value in just months.
But stock investors shrug off Iran developments as they await crucial earnings reports from tech firms including Alphabet and Tesla.
The iconic Cinerama Dome and adjacent 14-screen theater complex will reopen in 2028 after a renovation. The venue closed in 2020 because of the pandemic.
Jamieson Greer, the president’s top trade negotiator, told the Senate that the United States remained intent on tariffs as it prepared to replace duties the Supreme Court struck down.