GE Appliances announced this week that it’s moving even more of its production from China to GOP-led state Kentucky, and investing nearly half-a-billion dollars. The Read More
Tag: tariff
Trump’s ‘big, beautiful bill’ faces Republican family feud as Senate reveals its final text
Republican leaders advance their modified version of Trump’s bill, despite resistance from conservatives and moderates over Medicaid changes and other divisive policy tweaks.
Treasury chief predicts 10 more tariff deals by Labor Day — as EU reportedly nears new pact, too
“If we can ink 10 or 12 of the important 18 [tentative tariff deals], I think we could have trade wrapped up by Labor Day,” Read More
Trump aims for trade deals with key partners in Asia in coming weeks: sources
July 9 is a key date. It’s when Trump’s tariff pause against most trading partners ends.
Ex-Supreme Court Justice Anthony Kennedy pleads for civil political discourse, warns ‘democracy is at risk’
Retired U.S. Supreme Court Justice Anthony Kennedy warned that the “tone of our political discourse” puts freedom at risk, as he expressed the need to protect judges from threats.
Smoke & Mirrors In China’s Auto Industry: New Cars Exported As ‘Zero-Mileage Used’ To Inflate Sales
BEIJING/SHANGHAI (Reuters) – China’s auto industry has inflated car sales for years through a burgeoning government-backed grey market that registers new cars right off the Read More
JB Pritzker takes aim at Trump in launching Democratic re-election bid for Illinois governor
Gov. J.B. Pritzker seeks a third term as Illinois governor, emphasizing balanced budgets, minimum wage increases and abortion rights protection while becoming a vocal Democratic critic of President Donald Trump.
Trump Says Spain Will ‘Pay Twice As Much’ On Trade After NATO Defiance
President Donald Trump on Wednesday threatened that Spain would have to “pay twice as much” in a future trade deal after the NATO member refused Read More
Bernie Sanders, AOC-backed mayoral candidate planning massive spending increases in NYC
Pledging a slate of free programs and services, Democratic primary candidate Zohran Mamdani has propelled himself to be among the top candidates for New York City mayor.
Jerome Powell Suggests Delaying Rate Cuts Beyond July Meeting While Fed Studies Tariff Impact
WASHINGTON (Reuters) — Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Read More