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Showing posts from May, 2025

Today's WorldView The U.S. and Europe are working through a ‘marriage crisis’ “When you have ‘America First,’ you have to be careful that it’s not ending as America alone,” said Belgian Defense Minister Theo Francken. May 12, 2025 at 12:00 a.m. EDTToday at 12:00 a.m. EDT

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  Column by  Ishaan Tharoor You’re reading an excerpt from the WorldView newsletter.  Sign up to get the rest , including news from around the globe and interesting ideas and opinions to know, sent to your inbox on Mondays, Wednesdays and Fridays. Vice President JD Vance speaks with German diplomat Wolfgang Ischinger at the Munich Leaders Meeting on Wednesday in Washington. (Julia Demaree Nikhinson/AP) Perhaps no U.S. allies have been more  shaken by President Donald Trump’s second term  than those in Europe.  Trump’s nationalist and protectionist instincts clash with the liberal sensibilities of the European Union, as a political bloc, as well as with NATO, the foundational military alliance that has undergirded the transatlantic relationship for decades. But Europe is adjusting to the new realities. Many European governments are boosting defense spending to cross well beyond the threshold of 2 percent of their GDP that has   been   expected of N...

Energy Trump promised U.S. dominance. Instead, energy companies are faltering. Oil and gas firms are reeling, and major renewables projects are getting shelved as Trump’s policies rattle energy investors and executives. May 10, 2025 at 8:00 a.m. EDTYesterday at 8:00 a.m. EDT

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  An oil pumpjack in a field with wind turbines in Close City, Texas, on April 9. More than three months into the Trump administration, oil prices and production are in decline. (Brandon Bell/Getty Images) By  Evan Halper President Donald Trump promised to unleash an energy renaissance   that would lock in U.S. dominance over oil and gas. But that is not how things are working out for America’s drillers, fracking firms and equipment suppliers, including the company founded by Trump’s own energy secretary. The market value of Liberty Energy has fallen by nearly half since its former CEO,  Chris Wright , joined Trump’s Cabinet. The company  reports  it is among many in the industry struggling with the challenges heightened by Trump’s agenda, including “tariff impacts, geopolitical tensions, and oil supply concerns.” Three months into the new administration,   the price of U.S. oil   has plunged to below the drilling profitability threshold of about ...

Trump used pencils to sell tariffs. This factory in ‘Pencil City’ is split. At Musgrave Pencil Company in Shelbyville, Tennessee, politics rarely came up before this year. President Donald Trump’s tariff policies have changed that. Yesterday at 7:00 a.m. EDT

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  David Mortimer, 49, works in the wood department of Musgrave Pencil Company in Shelbyville, Tennessee. (Kevin Wurm/For The Washington Post) By  Emily Davies SHELBYVILLE, Tenn. — Inside one of the nation’s last surviving pencil manufacturers, Jason Glines heaved slats of wood imported from China through a cutting machine. He watched as blades grooved the poplar, among the first steps in an assembly line that, until last month, felt American enough. Before this year, politics rarely came up on the production floor at Musgrave Pencil Company, located in a town once known as “Pencil City.” President Donald Trump’s  tariff policies  have changed that. With orders down and grocery prices up, some employees quietly worry the president’s trade war will hurt their jobs, which have grown dependent on a global supply chain stymied by the tariffs. Others, including Glines, talk openly about how Trump makes sense when he talks about “winning,” especially against other countries...