Musk’s cuts, Trump’s trade squeeze, Powell and China space race

Donald Trump has ordered U.S. agencies to work closely with top adviser Elon Musk's effort to shrink the federal workforce. As the president’s advisers finalize plans for more tariffs, some targets have been quick to offer concessions. Fed Chair Jerome Powell is questioned about tariffs and Musk on the Hill. And China has forged nearly two-dozen pacts with African nations in its bid to surpass the U.S. in space. Find our recommended read on the collapse of merger talks between Nissan and Honda here. Listen to the Reuters Econ World podcast here. Sign up for the Reuters Econ World newsletter here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices