Tag: Trump administration


Americans concerned about economic impact as coronavirus cases surge

July 21, 2020

Via: NBC News

WASHINGTON — Less than a quarter of adults believe the U.S. economy is “excellent” or “good” as the coronavirus pandemic and economic anxiety related to its spread loom large, new data from the NBC News|SurveyMonkey tracking poll show. Overall, just […]


Tax deadline could be delayed past April 15 due to coronavirus

March 11, 2020

Via: Fortune

Americans might have a little longer to file their taxes, thanks to the COVID-19 coronavirus. The Trump administration is likely to extend the filing deadline for taxes in 2020 beyond April 15, the Wall Street Journal reported late Tuesday. The […]

Finance Tech, Trading

Stocks Slide Over Worsening U.S.-China Trade Tensions

May 23, 2019

Via: The New York Times

Tensions between the United States and China continued to weigh on global markets on Thursday, and Wall Street was expected to open lower. Investors appeared to be reacting to a growing sense that the trade war between Washington and Beijing […]

Finance Tech, Industries, Manufacturing, Trading

Trump Wants You to Buy American. Here’s Why That’s Almost Impossible

May 14, 2019

Via: Time

For nearly a century, the St. Pierre Manufacturing Corporation has made products such as horseshoes, tire chains, and anchors in a facility near Worcester, Mass. But in recent months, St. Pierre has been struggling. Why? Increased tariffs on goods from […]


The US and EU seem to be on completely different pages ahead of expected trade talks

February 6, 2019

Via: Business Insider

Ahead of anticipated trade talks between Washington and Brussels, expectations appear to be miles apart. The two sides have long sought to rearrange their bilateral trade partnership, which is the largest in the world. But preliminary back-and-forths have suggested a […]


Why Trump’s $1.5 Trillion Tax Cut Hasn’t Sparked Hiring or Investment

January 28, 2019

Via: Fortune

The Trump administration’s $1.5 trillion in tax cuts appears to have not made any major impact on businesses’ capital investment or hiring plans, according to a new survey. A quarterly poll from the National Association for Business Economics published Monday […]

Industries, Manufacturing

GM Wants Congress to Extend an Electric Vehicle Tax Credit That Trump Dislikes

December 10, 2018

Via: Fortune

When General Motors announced plant closings and a 15% workforce cut, the plan was to plow savings into electric and autonomous vehicle development, which is seen as the industry’s future. But selling electric vehicles (EVs) will get tough without a […]

Finance Tech, Trading

World shares mixed as traders ready for more US tariffs

September 6, 2018

Via: ABC News

Global markets were mixed Thursday on worries that the U.S. is on the verge of imposing tariffs on another $200 billion of Chinese goods in a mounting trade dispute. Many developing countries are in financial turmoil as rising interest rates […]


The Trump Administration Just Announced Tariffs on $16 Billion in Chinese Imports. Here’s What’s New

August 8, 2018

Via: Fortune

The Trump administration just announced tariffs on another $16 billion in Chinese imports to the U.S. This latest round makes good on the president’s promise in June to impose a 25% tariff on $50 billion in Chinese goods. An earlier […]

Finance Tech, Trading

Stocks Fall as Trade Tensions Weigh on Investors

August 2, 2018

Via: The New York Times

Trade tensions weighed on Asian markets on Thursday, as benchmark stock indexes in the region fell after the Trump administration said it would consider more than doubling proposed tariffs on $200 billion worth of Chinese goods. China’s main stock index […]

Finance Tech, Industries, Others, Trading

Trump’s Trade War Is Already Hurting American Whiskey Distillers

June 1, 2018

Via: Time

The consequences of the Trump administration’s steel and aluminum tariffs are already being felt across global markets. But the makers of one iconic American product say they stand to suffer more than most — bourbon whiskey distillers. The European Union […]

Finance Tech, Trading

From hour to hour, stock market swings have been dizzying

April 5, 2018

Via: ABC News

Like a good thriller, you can’t be sure where the stock market is headed these days until the very end. The market has become so volatile that big swings are happening not only day to day but hour to hour […]


U.S. unemployment drops to lowest in 17 years

November 3, 2017

Via: CNN

America’s job market got back on its feet in October. The U.S. economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration. Unemployment inched down to 4.1%, the lowest since December 2000. “This labor […]