2025-04-15
13 分钟The Trump administration freezes billions in funding for Harvard,
widening its fight with the nation's wealthiest university,
plus confusion in Detroit as automakers struggle to claim tariff relief on U.S. source products.
And Xi Jinping embarks on a global charm offensive hoping to draw contrasts with American protectionism.
He's offering a pitch of stability, of support for free trade,
so he's coming to these countries at a time when they're looking for support.
It's Tuesday, April 15th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
The Trump administration is freezing more than $2 billion in federal grant and contract funding for Harvard University after the school resisted demands to change its governance structure over campus anti-Semitism concerns.
An administration task force had demanded Harvard enact a mask ban and DEI programs and change classroom instruction to,
among other things, improve viewpoint diversity.
Harvard's president issued a letter yesterday rejecting those demands,
leading the Trump administration to announce the funding freeze hours later.
The government has couched the withholding of funding as an effort to uphold civil rights laws
while lawyers for Harvard say its demands violate the First Amendment and ignore due process.
This month,
Harvard issued $750 million in the bond market
that it could use to free up cash flow should it be unable to reconcile with the task force.
New filings by the Commerce Department show the Trump administration opened tariff investigations into pharmaceutical products and semiconductors on April 1,