Tag: Donald Trump
U.S. trade gap widens to 10-year high amid China tensions
NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
U.S. stocks battered by trade, yield concerns
NEW YORK - United States stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points, as a litany of concerns wiped out...
NAMIC: Disaster-mitigation efforts shouldn’t end with hurricane season
PROVIDENCE – The Atlantic hurricane season just ended, but the National Association of Mutual Insurance Companies is urging government policymakers to stay focused on...
Stocks rally on trade optimism; Curve flattens
NEW YORK - Stocks rallied after the United States and China declared a truce in their trade war, while the dollar weakened and oil...
Mnuchin says China agrees to lower auto tariffs; Beijing silent
NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of...
Trump said to advance seismic surveys for oil in Atlantic
NEW YORK - The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters, despite...
Trump signs new Nafta but congressional hurdle remains
NEW YORK - The United States, Canada and Mexico signed a new trade deal championed by President Donald Trump to replace the quarter-century-old Nafta...
Trump to let states divert Obamacare funds to other health plans
NEW YORK - The Trump administration plans to allow states to direct billions of dollars of Obamacare subsidies to health plans that don’t meet...
UBS: U.S. firms evading Trump tariffs by switching output abroad
NEW YORK - United States companies are evading President Donald Trump’s goods tariffs by partly moving production abroad, shielding China for now from the...
Trump says he’s open to raising tax to pay for middle-class...
WASHINGTON – President Donald Trump said he’s open to raising some tax rates to help pay for a bigger tax break for middle-class Americans.
“If...