Economy

  • Trump's Tax Plan With Big Cuts For Businesses Like His
    Trump's_tax_plan_with_big_cuts_for_business_like_his 2017-04-26 18:33:19 UTC
    WASHINGTON — Trump proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more, while also offering tax cuts to average Americans in a rough outline of his tax policy goals. A one-page summary of his proposals, released at a White Ho...

  • WTO: Trump lost his first trade battle against Mexico
    Trump_lost_his_first_trade_battle_against_mexico 2017-04-26 00:12:26 UTC
    GENEVA — Mexico can impose annual trade sanctions worth $163.23 million against the United States after winning a dispute over trade in tuna fish, a World Trade Organization arbitrator ruled on Tuesday. Mexico's economy ministry said it planned immediate action to initiate the trade sanctions....

  • Trudeau vows to stand up for Canadian interests against Trump
    Justin_trudeau_rejected_trump's_rhetoric_over_canadian_dairy_industry 2017-04-25 17:13:52 UTC
    OTTAWA — Prime Minister Justin Trudeau vowed to stand up for Canadian interests on Tuesday after the U.S. imposed new tariffs on softwood lumber and trade tensions between the two countries escalated, sending the Canadian dollar to a 14-month low. While the currency fell, shares in Canadian lu...

  • Merkel Schools Trump: You Can't Do A Trade Deal With Germany
    Merkel_schools_trump-_you_can't_do_a_trade_deal_with_germany 2017-04-22 19:08:55 UTC
    "Ten times Trump asked her ( German Chancellor Angela Merkel ) if he could negotiate a trade deal with Germany," the newspaper quoted a senior German politician as saying. "Every time she replied, 'You can't do a trade deal with Germany, only the EU'," the politician said. "On the eleventh ref...

  • U.S. Government Threatens Funding Cut To California
    San-francisco-california 2017-04-22 06:24:27 UTC
    WASHINGTON — The U.S. Department of Justice threatened on Friday to cut some funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called sanctuary cities that do not cooperate with federal immigration authorities....

  • GOP Struggling To Pass A Spending Package To Keep The Government Open
    Gop_struggling_to_pass_a_spending_package_to_keep_the_government_open 2017-04-21 15:07:39 UTC
    WASHINGTOn — Trump and his fellow Republicans who control Congress face their first major budget test next week, with the threat of a U.S. government shutdown potentially hinging on his proposed Mexican border wall as well as Obamacare funding. With Republicans controlling the White House and ...

  • Trudeau rejects Trump's rhetoric over Canadian dairy system
    Justin_trudeau_rejected_trump's_rhetoric_over_canadian_dairy_industry 2017-04-20 17:47:39 UTC
    Canadian Prime Minister Justin Trudeau on Thursday brushed off an attack by U.S. President Donald Trump against Canada's system of dairy protections, saying every nation defended its agricultural industries. Trudeau told Bloomberg Television that the United States in fact ran a dairy surplus w...

  • World Bank Express Concerns Over Trump's Economic Policy
    World_bank_express_concerns_over_trump's_economic_policy 2017-04-20 10:33:25 UTC
    WASHINGTON — Global finance leaders are gathering on Trump's home turf to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration. The International Monetary Fund and World Bank spring meetings bring the two multilateral ins...

  • Protesters To Trump: We Want To See Your Tax Returns
    Protesters_to_trump-_we_want_to_see_your_tax_returns 2017-04-16 05:20:35 UTC
    WASHINGTON/ NEW YORK — Tens of thousands of people marched through midtown Manhattan and dozens of U.S. cities on Saturday to demand that President Donald Trump release his tax returns and to dispute his claim that the public does not care about the issue. Organizers of "Tax March" in more tha...

  • Mexico's Economy Thriving Despite Trump's Hostility
    Mexico's_economy_thriving_despite_trump's_hostility 2017-04-12 19:38:14 UTC
    MEXICO CITY — The election of Donald Trump as U.S. president last year raised the specter of economic recession in Mexico, sent the country's peso into a tailspin, and threatened local industry such as car making. But four months on, Mexican automobile output is accelerating fast, unemployment...

  • Global Stocks Slide, Treasuries and Yen Up
    Global_stocks_slide__treasuries_and_yen_up 2017-04-11 05:04:09 UTC
    Asian stocks fell in choppy trade on Tuesday as the political tinderbox in the Middle East and the Korean Peninsula added to uncertainty over the looming French vote, pushing edgy investors into safer assets such as the yen and Treasuries. Oil continued its steady climb on supply concerns in t...

  • Trump is well on his way to launch additional import duties
    Trump_is_well_on_his_way_to_launch_additional_import_duties 2017-04-10 06:20:52 UTC
    By David Lawder | WASHINGTON — U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters. Trump has made reducing U.S. trade deficits a key...

  • China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims
    Trump's_misleading_claims 2017-04-05 07:31:58 UTC
    China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims. MEXICO CITY/BEIJING — Trump has criticized carmakers including General Motors for shifting production south of the border. Under threats of punitive import duties, Ford Motor Co ...

  • Trump's anti-immigration stance focusing on H1B Visa
    Trump's_anti-immigration_stance_focusing_on_h1b_visa 2017-04-04 16:18:54 UTC
    By Julia Edwards Ainsley | WASHINGTON — The U.S. Department of Homeland Security announced steps on Monday to prevent the fraudulent use of H1B visas, used by employers to bring in specialized foreign workers temporarily, which appeared to fall short of President Donald Trump's campaign promi...

  • "Tough Market": U.S. Car Market Boom Starts Losing Steam
    %22tough_market%22-_u.s._car_market_boom_starts_losing_steam 2017-04-03 16:44:32 UTC
    By Nick Carey | DETROIT — Major U.S. automakers on Monday posted sales figures for March that came in below market expectations and heightened concerns the country's boom in vehicle sales may be losing steam, sending shares in car companies down. General Motors Co (GM.N) and Fiat Chrysler ...

  • Trump Playing Golf With Rand Paul To Discuss Health Care
    Trump_playing_golf_with_rand_paul_to_discuss_health_care 2017-04-03 01:18:58 UTC
    STERLING, VA. — On Sunday U.S. President Donald Trump was playing golf with Kentucky Sen. Rand Paul as well as WH budget director Mick Mulvaney at Trump National Golf Club in Potomac Falls, Virginia. The trio was "discussing a variety of topics, including healthcare," said White House Deputy Pre...

  • U.S. Moving Away From International Agreements
    U.s._moving_away_from_international_agreements 2017-04-01 17:11:12 UTC
    BERLIN — In a further sign of increased tensions between Germany and the United States, Sigmar Gabriel, the German foreign minister, warned that the Trump administration was taking a “dangerous step” after the Commerce Department had announced a tariff on imports of steel. Besides China, Germ...

  • The “America First” Trade War Agenda Of Donald Trump
    The_%e2%80%9camerica_first%e2%80%9d_trade_war_agenda_of_donald_trump 2017-04-01 08:11:26 UTC
    US President Donald Trump signed two executive orders on trade policies yesterday that represent a significant escalation in the “America First” trade war agenda of his administration. The first order commissions a report, to be released in 90 days, on a country by country, product by product, i...

  • Germany May Sue The U.S. With International Trade Rules
    Germany_may_sue_the_u.s._with_international_trade_rules 2017-04-01 08:09:32 UTC
    BERLIN: The German government has criticized the Trump administration's new trade policy and is insisting on compliance with international trade rules. Germany is considering suing the US before the World Trade Organization (WTO). "The US government is apparently prepared to provide Americ...

  • Trump, GOP Tax Reform Plan; Cuts, Cuts and more Cuts
    Representative_mark_meadows 2017-03-31 04:07:47 UTC
    By Roberta Rampton, Richard Cowan and Amanda Becker | <h3>WASHINGTON — Raw feelings and mistrust could pose an obstacle to President Donald Trump and hard-line conservative lawmakers in his Republican Party as they seek to rebound from defeat on healthcare legislation by launching into an ove...

  • Paul Ryan Doesn't Want To Work With Democrats To Fix Healthcare
    Paul_ryan_doesn't_want_to_work_with_democrats_to_fix_healthcare 2017-03-31 04:07:37 UTC
    <h3>U.S. House of Representatives Speaker Paul Ryan, the top Republican in Congress, said he does not want President Donald Trump to work with Democrats on new legislation for revamping the country's health insurance system, commonly called Obamacare.</h3> In an interview with "CBS This Mornin...

  • US hospital stocks dropped as GOP vows to try again on Obamacare repeal
    Us_hospital_stocks_dropped_as_gop_vows_to_try_again_on_obamacare_repeal 2017-03-31 04:06:10 UTC
    <h3>U.S. hospital stocks dropped on Tuesday as Republicans in the U.S. House of Representatives said they were considering a renewed push to repeal and replace Obamacare, after the effort failed last week.</h3> Shares of Community Health Systems Inc (CYH.N) dropped 7.6 percent and Tenet Health...

  • Republicans Trying To Replace Obamacare Still Don't Have Any Idea
    This_is_a_disappointing_day_for_us'-_house_speaker_ryan 2017-03-31 04:05:10 UTC
    <h3>House of Representatives Republican leaders said on Tuesday they still intended to repeal and replace Obamacare after their White House-backed bill failed to get enough support and collapsed last week.</h3> "The fact that our conference is more resolved than ever to repeal this law is ve...

  • America Being A Backwards Country - The Environmental Enemy No. 1
    America_being_a_backwards_country_-_the_environmental_enemy_no._1 2017-03-31 04:05:48 UTC
    <h3>U.S. President Donald Trump will rescind at least six Obama-era executive orders aimed at curbing climate change and regulating carbon emissions, including Obama's November 2013 executive order instructing the federal government to prepare for the impact of climate change and the September 20...

  • House cancels today's vote on Republican healthcare plan
    House_cancels_today's_vote_on_republican_healthcare_plan 2017-03-23 20:01:29 UTC
    By David Morgan and Richard Cowan | WASHINGTON — House cancels today's vote on Republican healthcare plan as President Donald Trump and leaders in Congress labored to find enough support among fellow Republicans for their version of a new federal healthcare policy, according to a senior Ho...