AGP Executive Report
Last update: 10 hours agoTariff Fight Hits Rhode Island: A coalition of 25 states, including Rhode Island, sued the Trump administration in the U.S. Court of International Trade over new 10%–12.5% tariffs tied to forced-labor claims, arguing the move is a “pretext” to replace import taxes the Supreme Court struck down in February. Local Finance & Nonprofits: Beacon Bank said it and its foundation put more than $600,000 into over 180 nonprofits across Rhode Island and neighboring states during the second quarter, supporting groups such as Farm Fresh Rhode Island, Capital Good Fund and the YMCA of Pawtucket. Infrastructure Savings: The Rhode Island Turnpike and Bridge Authority refinanced bonds, generating about $11.6 million in gross savings to be redirected to bridge capital improvements. Higher Ed Leadership: Brown University President Christina Paxson announced she will step down at the end of the 2026–27 academic year, setting up a nationwide search. State Business/Community Recognition: Eastern States Exposition honored Penobscot McCrum with its Agricultural Adventurers Award for innovation and sustainable farming.
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