AIRLINK 154.96 Increased By ▲ 0.08 (0.05%)
BOP 9.91 Decreased By ▼ -0.05 (-0.5%)
CNERGY 7.37 Increased By ▲ 0.04 (0.55%)
CPHL 82.91 Increased By ▲ 4.67 (5.97%)
FCCL 47.86 Increased By ▲ 0.33 (0.69%)
FFL 14.68 Increased By ▲ 0.19 (1.31%)
FLYNG 44.96 Increased By ▲ 4.09 (10.01%)
HUBC 137.97 Decreased By ▼ -0.74 (-0.53%)
HUMNL 12.87 Decreased By ▼ -0.06 (-0.46%)
KEL 4.29 Decreased By ▼ -0.05 (-1.15%)
KOSM 5.16 No Change ▼ 0.00 (0%)
MLCF 75.31 Decreased By ▼ -0.61 (-0.8%)
OGDC 212.67 Decreased By ▼ -5.99 (-2.74%)
PACE 5.15 Decreased By ▼ -0.08 (-1.53%)
PAEL 46.13 Increased By ▲ 0.83 (1.83%)
PIAHCLA 16.28 Increased By ▲ 1.48 (10%)
PIBTL 8.57 Decreased By ▼ -0.07 (-0.81%)
POWER 15.18 Increased By ▲ 0.05 (0.33%)
PPL 169.91 Increased By ▲ 1.88 (1.12%)
PRL 31.14 Increased By ▲ 1.59 (5.38%)
PTC 20.05 Decreased By ▼ -0.08 (-0.4%)
SEARL 83.77 Increased By ▲ 1.20 (1.45%)
SSGC 36.07 Increased By ▲ 3.28 (10%)
SYM 14.90 Increased By ▲ 0.67 (4.71%)
TELE 7.21 Increased By ▲ 0.22 (3.15%)
TPLP 8.42 Increased By ▲ 0.16 (1.94%)
TRG 66.20 Increased By ▲ 2.91 (4.6%)
WAVESAPP 8.95 Decreased By ▼ -0.10 (-1.1%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
YOUW 3.60 Decreased By ▼ -0.01 (-0.28%)
BR100 12,671 Increased By 27.1 (0.21%)
BR30 37,367 Increased By 74.5 (0.2%)
KSE100 118,537 Decreased By -39.4 (-0.03%)
KSE30 36,294 Decreased By -7.9 (-0.02%)

WASHINGTON: President Donald Trump on Tuesday threatened to strip Harvard of its tax-exempt status after the elite US university refused to accept far-reaching policy changes ordered by the White House.

Trump had already moved to freeze $2.2 billion of federal funds on Monday in retaliation for the top university’s defiance of the administration’s push to bring campuses to heel.

Trump said Harvard “should lose its Tax Exempt Status and be Taxed as a Political Entity” if it does not submit to his demands for the college to change the way it runs itself, including selection of students and authority for professors.

Tax-exempt status is “totally contingent on acting in the PUBLIC INTEREST,” he added in the post on his Truth Social network.

Trump plans separate levy on exempted electronics amid trade war, US official says

In a letter to students and faculty, Harvard president Alan Garber had vowed to defy the government, insisting that the school would not “negotiate over its independence or its constitutional rights.”

Trump’s Joint Task Force to Combat Anti-Semitism responded Monday with a statement announcing the $2.2 billion hold in multi-year grants, plus a freeze on $60 million in government contracts.

Comments

200 characters
Maqbool Apr 15, 2025 09:42pm
Well done Harvard, freedom of speak is a basic right in every country
thumb_up Recommended (0) reply Reply