Tag: Donald Trump
Fed survey finds tariffs pushing up prices, pinching profits
WASHINGTON – A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs...
Trump tariff delay is a gift to retailers that feels like...
It looks as if the Trump administration didn’t want to be accused of ruining Christmas.The U.S. Trade Representative’s office said on Aug. 13 that...
Bill to streamline bankruptcy process for small businesses moves to president
PROVIDENCE – Congress has approved legislation to streamline bankruptcy procedures and provide new tools for small-business owners.Co-sponsored by Sen. Sheldon Whitehouse, D-R.I., and Rep....
U.S. delays China tariffs on some holiday-shopping favorites
WASHINGTON – The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists.By granting a grace period...
Federal delay casts doubt on Vineyard Wind
NEW YORK – The Trump administration cast the fate of the nation’s first major offshore wind farm into doubt by extending an environmental review...
Trump’s trade war challenges Fed’s independence
All four living former chairs of the Federal Reserve took to the op-ed page of the Wall Street Journal on Aug. 5 to defend...
World economy edges closer to a recession as trade dread deepens
WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade...
U.S. stocks plunge most in 2019 on trade tension
NEW YORK – Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year...
U.S. goods trade deficit widens to 5-month high in June
WASHINGTON – America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President...
Trump ratchets up U.S.-China trade war with new tariffs
WASHINGTON – President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in...
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