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Semafor World Economy

Zoe Han

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US wants to launch a nuclear ‘renaissance,’ Energy Sec. Chris Wright says

The Trump administration is hoping to spur development of nuclear power to keep up with surging demand for electricity.
Energy Secretary Chris Wright.
Tasos Katopodis/Getty Images for Semafor

Burgum defends Trump admin national monument review

The US Secretary of the Interior said government overreach and overlap with the states had led to ‘suboptimal’ protection and use of federal lands.
Doug Burgum on stage.
Semafor’s 2025 World Economy Summit. Tasos Katopodis/Getty Images for Semafor

There should ‘absolutely’ be consequences for congestion pricing filing snafu, Sean Duffy says

The US Transportation Secretary said the filing by federal lawyers questioning the government’s case against New York was either the result of ‘incompetence’ or ‘on purpose.’
Transportation Secretary Sean Duffy and Semafor’s Shelby Talcott.
Tasos Katopodis/Getty Images for Semafor

Australia’s Rudd calls on US and China to make a deal on trade

Australia’s ambassador to the US warned against further escalation of the trade spat between the US and China, saying it would have dire consequences for the global economy.
The Hon. Dr. Kevin Rudd, AC, Australia’s Ambassador to the US.
Tasos Katopodis/Getty Images for Semafor

PayPal’s CEO says new tariffs pose threat to US small businesses

Consumers are weathering the disruption caused by US President Donald Trump’s tariffs, Alex Chriss said. But small businesses face huge challenges.
Alex Chriss on stage.
Semafor

Consumers may worry, but they’re still spending, Mastercard CEO says

The CEO of the credit card giant says spending in March has been “nothing out of the ordinary.”
Mastercard CEO Michael Miebach and Semafor’s Andrew Edgecliffe-Johnson.
Semafor’ 2025 World Economy Summit. Shannon Finney/Getty Images for Semafor

European ‘predictability’ offers global competitive advantage: EU Economy Commissioner

The European Commissioner for Economy and Productivity said that the bloc has put forward proposals for trade negotiations with the US.

Europe wants a ‘new partnership’ with US, French finance minister says

French economy minister Éric Lombard said that Europe wants to complete a trade deal with the Trump administration as soon as possible.
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