Donald Trump’s threats to use taxes as “retribution” against U.S. companies that move jobs overseas are legally dubious, tax specialists say—and they’re prompting resistance from some Republican leaders who fear a coming era of economic protectionism.
The rule—which raised the pay threshold for salaried workers to be exempt from overtime pay—would have affected about 87,000 Indiana workers if fully implemented as planned on Dec. 1. It's now in limbo due to a court decision.
Purdue University will hold off on raising employees' salaries and changing job classifications in the wake of a last-minute suspension on a federal rule that would have expanded the pool of workers eligible for overtime pay.
The phone call drew an irritated response from China, whose foreign minister called the contact a "small trick by Taiwan" and noted that "healthy" U.S.-China relations hinge upon the so-called "one-China" policy.