Tag: donald trump

December 6, 2019

China is waiving punitive tariffs on U.S. soybeans and pork while the two sides negotiate a trade deal, the Ministry of Finance said Friday. Beijing promised in September to lift the tariffs, adding to conciliatory steps that raised hopes for […]

November 11, 2019

Shares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trump said Washington had not agreed to gradually roll back tariffs as negotiations progress. Hopes […]

October 10, 2019

In recent weeks, President Donald Trump has been talking about plans for, as he put it, a “very substantial tax cut for middle income folks who work so hard.” But before Congress embarks on a new tax measure, people should […]

September 27, 2019

U.S. consumers are getting increasingly anxious about the trade war with China despite a recent thaw in the tensions ahead of the trade talks next month. The University of Michigan’s Surveys of Consumers showed in September a near record number […]

September 26, 2019

U.S. stocks moved broadly lower in early trading Thursday as investors pulled back to a defensive stance as an impeachment inquiry into President Donald Trump moves along and U.S. economic growth slows. Technology stocks were among the biggest losers in […]

September 25, 2019

The threat of impeachment is back, and this time investors appear to be paying at least some attention. “It felt like politics really wasn’t moving markets too much until today,” Art Hogan, chief market strategist for National, told MarketWatch during […]

September 12, 2019

The U.S. and China are taking baby steps to ease tensions in their trade war, as negotiators prepare for the resumption of face-to-face talks in Washington in the coming weeks. On Wednesday, U.S. President Donald Trump said he was postponing […]

September 5, 2019

(BEIJING) — U.S. and Chinese envoys will meet in early October for more talks aimed at ending a tariff war that threatens global economic growth. Stock markets rose on Thursday’s announcement but there has been no sign of progress since […]

August 19, 2019

WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. Thirty-four percent of economists […]

August 9, 2019

See that guy grimacing behind Jerome Powell? That picture was taken back when Trump nominated him to run the Federal Reserve. And that was the high point of their relationship. Trump upped the ire Thursday in a tweet storm railing […]

July 29, 2019

President Donald Trump renewed his attack on the Federal Reserve ahead of its meeting this week, complaining it “probably will do very little” to counteract actions by Europe and China to ease monetary policy and declaring “a small rate cut […]

July 1, 2019

Stocks surged on Monday after President Donald Trump and Chinese leader Xi Jinping struck a truce in the US-China trade war, sending a wave of relief through global markets. “Trump and Xi gave investors what they wanted at the G-20 […]

June 17, 2019

Huawei has confirmed that it is anticipating a giant drop in smartphone sales this year after it was blacklisted by US President Donald Trump’s administration. Speaking at a livestreamed event at Huawei’s headquarters in Shenzhen on Monday, the company’s founder […]

June 10, 2019

Global stocks rose Monday after U.S. President Donald Trump suspended plans to impose tariffs on Mexico as the countries inked a deal on immigration. But broader concerns remain over global growth and a trade dispute between the United States and […]

April 15, 2019

Republicans passed a sweeping tax cut for two-thirds of Americans in 2017, saying it would pay for itself and the American public would thank them. Now, as Americans finish filing to the IRS for the first time under the new […]

February 5, 2019

Two years into Donald Trump’s presidency, the man who has profited most from the era is his foremost nemesis in the business world, Amazon.com Inc. founder Jeff Bezos. Trump has repeatedly vilified Bezos, threatening his company with tax increases, antitrust […]

January 4, 2019

Bruce Buchanan was so elated with Donald Trump’s October vow to allow higher sales of corn-based ethanol that he carved a 60-acre thank you note in his Indiana cornfield. Now, though, the president’s actions have him worried. The government shutdown […]

December 6, 2018

BEIJING – China’s government said Thursday it will promptly carry out a tariff cease-fire with Washington and is confident they can reach a trade agreement, suggesting Beijing wants to avoid disruptions due to the arrest of a tech executive. Talks […]

November 16, 2018

President Donald Trump’s trade war is already wiping out small American manufacturing businesses and it’s going to have a more negative impact on the US economy than most are expecting, say economists at Swiss banking giant UBS. Tariffs imposed by […]

November 12, 2018

The Camp Fire in Northern California and the Woolsey Fire in suburban Los Angeles continue to burn, with the death toll reaching 31 as weather remains dry throughout the state. More than 6,700 structures have been lost in the raging […]