Trump pauses Mexico tariffs for one month after agreement on border troops
President Donald Trump on Monday said he is pausing for one month his new 25% tariffs on goods imported from Mexico after that country’s president agreed to immediately send 10,000 soldiers to the U.S. border to prevent drug trafficking from Mexico. The announcement of the pause came two days after Trump slapped 25% tariffs on goods from Mexico and Canada, as well as a 10% tariff on goods imported from China. (CNBC)
Federal judge blocks Trump plan to freeze spending on grants, loans
A federal district judge issued a temporary restraining order on Friday, blocking the Trump administration from moving forward with a proposed spending freeze on grants and loans. Chief Judge John J. McConnell Jr. of the U.S. District Court in Rhode Island wrote in the 13-page ruling the administration’s "actions violate the Constitution and statutes of the United States." The Judge wrote: "Federal law specifies how the Executive should act if it believes that appropriations are inconsistent with the President’s priorities – it must ask Congress, not act unilaterally." (New Jersey Monitor)
Microsoft and CoreWeave announced as founding partners at NJ AI Hub
Gov. Phil Murphy and Princeton University President Christopher Eisgruber announced Friday that Microsoft and CoreWeave have joined the state's new NJ AI Hub as partners. The AI Hub, designed to attract AI researchers, industry leaders and startup companies, will be located along Route 1 – New Jersey’s innovation corridor – at 619 Alexander Road in West Windsor, in space provided by Princeton University. (ROI-NJ)
What Is collateral for small business loans?
Putting down collateral can make it easier to qualify for a loan, but it can be a risky move. Here's how collateral works and how it could help you secure a small business loan. (U.S. Chamber of Commerce)
Virtual Event: The business landscape under the Trump administration
See how the changing business landscape under the Trump administration presents challenges and opportunities, and what it means for your organization, at a Feb. 4 NJBIZ virtual panel moderated by NJBIZ Editor Jeffrey Kanige. The panel includes: Tom Bracken, president and CEO, N.J. Chamber of Commerce; Luis De La Hoz, chairman, N.J. Statewide Hispanic Chamber of Commerce; and Hal English, president and CEO, Princeton Mercer Regional Chamber of Commerce. Register here. (NJBIZ)
TAPinto Newark will host a breakfast for movers and shakers before the New Jersey Chamber's Walk to Washington on Feb. 6
This year’s Walk to Washington kickoff breakfast in Newark on Feb. 6 will be a 'who’s who' of power brokers, business executives and political stars. Before boarding the train to D.C., hundreds of N.J. leaders are expected to attend the breakfast, presented by TAPinto Newark, at the DoubleTree by Hilton Newark Penn Station. The 84th Chamber of Commerce Walk to Washington & Congressional Reception takes place on Feb. 6-7. For more information and to register for the breakfast, click here. (TAPinto Newark)
Walk to Washington - Feb. 6-7, 2025
Get a ticket. Get a sponsorship. Get a room. The Walk to Washington is back – with more networking
The Walk to Washington returns Feb. 6 & 7, with major enhancements. Following a 5-year hiatus, the 84th version of the iconic event will feature more networking – and fewer speeches. This unique affair consists of 900 N.J. leaders traveling to Washington D.C. on a chartered Amtrak train that picks up guests in Newark, Metropark, New Brunswick, Trenton, Philadelphia and Wilmington, Del. Sponsorship opportunities, event registration and information are here. (N.J. Chamber of Commerce)
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