WASHINGTON (AP) — In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his trade wars, Trump is threatening to raise taxes on many goods from Canada, hike his universal tariff on imports from…
Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could be punished for his opposition. Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party, and Trump suggesting Musk could…
A trade war. A real war with bombs dropped in the Middle East. A barrage of insults hurled by the president of the United States at the head of the Federal Reserve. The stock market has powered through all of that in the past few months to set a new record Friday and reward investors…
BANGKOK (AP) — Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched to see how Iran will react. The price of oil initially jumped more than 2% but fell back slightly on Monday. U.S. stock futures and most Asian shares declined. The big question is what…
WASHINGTON (AP) — President Donald Trump said Friday that his director of national intelligence, Tulsi Gabbard, was “wrong” when she previously said that the U.S. believed Iran wasn’t building a nuclear weapon, and he suggested that it would be “very hard to stop” Israel’s strikes on Iran in order to negotiate a possible ceasefire. Trump…
China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports. The briefing Monday by several senior officials of different government ministries appeared aimed at shoring up confidence with promises of support for companies and…
WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates…
TOPEKA, Kan. (AP) — State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don’t buy Chinese technology or even T-shirts, coffee mugs and key chains for tourists. They’re also targeting sister-city relationships between American and Chinese communities. After years celebrating trade ties with China, states…
HONG KONG (AP) — China will sanction United States officials, lawmakers and leaders of non-governmental organizations who it says have “performed poorly” on Hong Kong issues, the foreign ministry announced. The U.S. in March sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts threatening to further erode…
BEIJING (AP) — China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the U.S. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the U.S. The world’s two largest economies have…