Latest Economic policy News
Trudeau says Americans are realizing that Trump's tariffs on Canada make life a lot more expensive
TORONTO (AP) — Canadian Prime Minister Justin Trudeau said Monday said Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them. Speaking...
Chinese leaders pledge 'moderately loose' monetary policy, more support for slowing economy
BANGKOK (AP) — China’s top leaders have pledged to loosen monetary policy and provide more support for the slowing economy, while Premier Li Qiang swiped at threats of higher tariffs on Chinese exports, saying they hinder global growth. Shares in Hong Kong jumped Monday after...
Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions
WASHINGTON (AP) — Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. ...
Trump names former Sen. David Perdue of Georgia to be ambassador to China
WASHINGTON (AP) — President-elect Donald Trump has selected former Sen. David Perdue of Georgia to be the U.S. ambassador to China, leaning on a former business executive turned politician to serve as the administration's envoy to America's most potent economic and military adversary. ...
Editorial Roundup: United States
Excerpts from recent editorials in the United States and abroad: ___ Dec. 2 The Washington Post on Joe Biden's pardon of Hunter Biden President-elect Donald Trump is selecting radical MAGA loyalists for top national security positions,...
Small business owners brace for Trump's proposed tariffs
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office. Trump has proposed importers pay a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on...
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products, a Canadian minister who attended their recent dinner said Monday. Trump threatened to...
Democrats still don't agree on the seriousness of their political problem after election defeat
NEW YORK (AP) — Nearly a month after a devastating election loss that exposed cracks in the very foundation of their party, Democrats remain deeply divided over the extent of their political problem — or even if they have one. A number of Democratic leaders are downplaying the...
Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table
WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau returned home Saturday after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks...
Canadian Prime Minister Trudeau flies to Florida to meet with Trump after tariffs threat
WEST PALM BEACH, Fla. (AP) — Canadian Prime Minister Justin Trudeau flew to Florida on Friday to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products. Trump threatened to impose tariffs on...
