TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect from Wednesday. Ishiba told reporters he is willing to fly to Washington to negotiate directly with Trump. The…
WASHINGTON (AP) — With President Donald Trump’s so-called “Liberation Day” of tariff implementation fast approaching, Senate Democrats are putting Republican support for some of those plans to the test by forcing a vote to nullify the emergency declaration that underpins the tariffs on Canada. Republicans have watched with some unease as the president’s attempts to…
WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The…
The United Kingdom’s Spring Statement 2025 brings major changes to benefits, household bills, and employment policies. While some persons will see financial gains, others—especially those on disability benefits—could face cuts, which will likely impact their daily lives. Here’s how the Spring Statement 2025 will be affecting you: 1 Changes to Benefits Millions of persons on…
Wall Street was poised to open slightly lower Monday morning after U.S. President Donald Trump told reporters he was pushing forward with more tariff hikes despite concerns about their impact on the economy and markets. Futures for the S&P 500 inched back 0.1%, while futures for the Dow Jones Industrial Average slipped 0.3%. Nasdaq futures…
WASHINGTON (AP) — A group of House Republicans on Friday put forward legislation seeking to prevent Chinese students from studying in American schools, as some U.S. lawmakers are targeting China over national security concerns. Rep. Riley Moore, R-W.Va., introduced the bill that could bar Chinese nationals from receiving visas that allow foreigners to travel to…
BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an encouraging update on U.S. consumer prices. U.S. futures fell and oil prices were little changed. Chinese markets slipped as investors watched for the next steps in President Donald Trump’s trade war. Hong Kong’s Hang Seng index…
WASHINGTON (AP) — China retaliated against President Donald Trump’s tariffs with an additional 15% tax on key American farm products, including chicken, pork, soybeans and beef. The escalating trade tensions punished U.S. markets Monday as investors fearful of the damage from from Trump’s trade wars put their money elsewhere. The Chinese tariffs, announced last week,…
WASHINGTON (AP) — Donald Trump, the real estate developer turned commander in chief, is laying bare his style of diplomacy in the early weeks of his new term: It’s a whole lot like a high-stakes business deal, and his No. 1 goal is to come out of the transaction on top. The tactics are clear…
WASHINGTON (AP) — Republicans in Congress have long been intent on countering America’s rivals and spreading U.S. influence abroad. But when President Donald Trump spelled out a sharp turn from that approach in his recent address to Congress, lawmakers in his party couldn’t help but stand and applaud. Moves toward a neutral position on the…