Donald Trump renews threats against Harvard University's tax exempt status

United States President Donald Trump has renewed his threat to strip Harvard University of its tax exempt status, a move that could cost the Ivy League institution billions of dollars if implemented.

“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump wrote on Friday, in a post on his social media platform Truth Social.

The statement is the latest threat in a continuing feud between the Republican president and Harvard, the country’s oldest higher-education institution.

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