Trump increases pressure on Harvard by canceling all federal contracts with the university
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28 Puede 2025, 08:15 The Donald Trump administration ramped up its pressure on Harvard on Tuesday, escalating a conflict that has been steadily intensifying since March, by ordering all federal agencies to cancel their contracts with the university. The blow amounts to around $100 million — a figure that Harvard, the richest university in the world, can absorb, given its $53 billion endowment fund. But that is not the only budget cut Harvard faces. Trump is also threatening to cut an additional $3 billion in funding, on top of the roughly $3.2 billion already frozen, and is threatening to revoke its tax-exempt status.
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