Apr 07 Nations debate response to U.S. trade war as global markets roiled By Elaine Kurtenbach, Lorne Cook, David McHugh, Associated Press China struck a note of confidence even as markets in Hong Kong and Shanghai tumbled. Continue reading
Apr 02 Wall Street swings in final hours of trading before Trump’s tariff announcement By Stan Choe, Associated Press Financial markets around the world have been particularly shaky lately because of all the uncertainty around what Trump will announce in the event scheduled to begin after the U.S. stock market closes for the day. Continue reading
Apr 02 Trump set to announce barrage of ‘reciprocal’ tariffs on what Trump has called ‘Liberation Day’ By Josh Boak, Associated Press The new tariffs, coming on what Trump has called “Liberation Day,” are a bid to boost U.S. manufacturing and punish other countries for what he has said are years of unfair trade practices. Continue reading
Apr 01 Watch 4:13 Businesses brace for Trump’s new tariffs while Senate Democrats try to push back By Geoff Bennett, Shrai Popat, Kyle Midura The American public and U.S. trading partners are waiting for President Trump’s new set of tariffs, a plan he says is finalized and will be revealed on Wednesday. Trump's first two months back in office have seen him implement tariffs… Continue watching
Mar 31 Half of Americans approve of Trump on immigration but support is weaker on trade, AP-NORC poll says By Amelia Thomson-Deveaux, Linley Sanders, Associated Press The survey finds about half of U.S. adults approve of the Republican president's approach to immigration but only about 4 in 10 have a positive view of the way he’s handling the economy and trade negotiations. Continue reading
Mar 25 U.S. consumer confidence tumbles for the 4th straight month amid tariff and inflation concerns By Matt Ott, Associated Press The Conference Board's report Tuesday said that the measure of Americans' short-term expectations for income, business and the job market fell 9.6 points to 65.2 - the lowest reading in 12 years. Continue reading
Mar 20 Watch 7:02 A look at the real reasons behind soaring egg prices By Paul Solman, Diane Lincoln Estes Egg prices have soared to new records over the last couple of months. The wholesale price for a dozen white eggs climbed to over $8 in February. Since then, that price has dropped but the prices consumers pay at the… Continue watching
Mar 12 Watch 4:36 Canada and EU announce retaliatory tariffs, escalating Trump’s trade war By Stephanie Sy, Jonah Anderson, Azhar Merchant The trade war between the U.S. and dozens of countries escalated yet again Wednesday. Canada and the European Union announced their own tariffs designed to inflict economic pain and pressure on America. But President Trump said he would not be… Continue watching
Mar 12 Watch 7:04 ‘None of us will benefit’ from tariffs but ‘we had to react,’ EU ambassador says By Amna Nawaz, Dan Sagalyn The European Union and Canada announced retaliatory tariffs on the U.S., escalating President Trump's Trade war. The EU said it will raise tariffs on American beef, poultry, bourbon, peanut butter and jeans. Amna Nawaz discussed the developments with Jovita Neliupšienė,… Continue watching
Mar 12 U.S. inflation slows for first time in six months, trade war threatens to hike prices By Christopher Rugaber, Associated Press The consumer price index increased 2.8% in February from a year ago, Wednesday's report from the Labor Department showed, down from 3% the previous month. Continue reading