Trump is well on his way to launch additional import duties
2017-04-10 06:20:52 UTC
By David Lawder |
WASHINGTON — U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters.
No Income Taxes In Saudi Arabia, Says Saudi FinMin
2017-04-09 18:04:37 UTC
Saudi Arabia's finance minister said on Sunday that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom.
The collapse in oil price...
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims
2017-04-05 07:31:58 UTC
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims.
MEXICO CITY/BEIJING — Trump has criticized carmakers including General Motors for shifting production south of the border. Under...
Trump Playing Golf With Rand Paul To Discuss Health Care
2017-04-03 01:18:58 UTC
STERLING, VA. — On Sunday U.S. President Donald Trump was playing golf with Kentucky Sen. Rand Paul as well as WH budget director Mick Mulvaney at Trump National Golf Club in Potomac Falls, Virginia. The trio was "discussing a variety of topics, ...
The “America First” Trade War Agenda Of Donald Trump
2017-04-01 08:11:26 UTC
US President Donald Trump signed two executive orders on trade policies yesterday that represent a significant escalation in the “America First” trade war agenda of his administration.
The first order commissions a report, to be released in 90 da...
UK Must Accept EU Rules After Any Partial Withdrawal
2017-03-31 19:13:55 UTC
By Robin Emmott and Alastair Macdonald |
VALLETTA/BRUSSELS — The European Union offered Britain talks this year on a future free trade pact but made clear in negotiating guidelines issued on Friday that London must first agree to EU demands on...
Trump, GOP Tax Reform Plan; Cuts, Cuts and more Cuts
2017-03-31 04:07:47 UTC
By Roberta Rampton, Richard Cowan and Amanda Becker |
<h3>WASHINGTON — Raw feelings and mistrust could pose an obstacle to President Donald Trump and hard-line conservative lawmakers in his Republican Party as they seek to rebound from defeat ...
Doubts Over London's Future As A Global Financial Center
2017-03-31 04:07:07 UTC
By Anjuli Davies |
<h3>LONDON — Goldman Sachs (GS.N) sought to reassure London-based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe...
US hospital stocks dropped as GOP vows to try again on Obamacare repeal
2017-03-31 04:06:10 UTC
<h3>U.S. hospital stocks dropped on Tuesday as Republicans in the U.S. House of Representatives said they were considering a renewed push to repeal and replace Obamacare, after the effort failed last week.</h3>
Shares of Community Health System...
The Stunning Failure Of Trump, A Man Who Brands Himself A Deal-Maker And Fixer
2017-03-31 04:12:13 UTC
By James Oliphant | REUTERS
<h3>In the end, the Closer couldn’t close the deal.</h3>
For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of...
'This is a disappointing day for us': House Speaker Ryan
2017-03-24 20:24:58 UTC
Republican leadership aide says healthcare bill has been pulled
By Dustin Volz and David Lawder |
WASHINGTON — Republican leaders of the House of Representatives pulled legislation to overhaul the U.S. healthcare system from consideration o...
EU is trying to limit the negative effects of Brexit for Britain
2017-03-24 06:58:02 UTC
German Finance Minister Wolfgang Schaeuble said on Friday that the European Union was trying to limit the negative effects of Brexit for Britain but stressed that countries wanting to get the benefits related to the bloc had to make commitments, t...
House cancels today's vote on Republican healthcare plan
2017-03-23 20:01:29 UTC
By David Morgan and Richard Cowan |
WASHINGTON — House cancels today's vote on Republican healthcare plan as President Donald Trump and leaders in Congress labored to find enough support among fellow Republicans for their version of a new f...
Germany is strongly in favor of free trade and open markets
2017-03-19 21:24:59 UTC
Chancellor Angela Merkel reiterated on Sunday that Germany was strongly in favor of free trade and open markets, at a time when the United States is becoming increasingly protectionist.
"We do want open markets, fair trade, we certainly don't w...
G20 Drop 'Climate' and 'Free Trade' Pledge, Acquiescing To An Increasingly Protectionist United States
2017-03-18 21:45:12 UTC
By Balazs Koranyi and Gernot Heller |
BADEN BADEN, GERMANY — Financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open, acquiescing to an increasingly protectionist United States after a two-day mee...
Trump's newest Executive Order: Global warming and climate change will not play a role in U.S. policy anymore
2017-03-14 23:15:10 UTC
By David Shepardson |
WASHINGTON — U.S. President Donald Trump's administration is preparing to release a wide-ranging executive order to reduce the role that climate change plays in policy decisions, according to a Trump administration offici...
Millions more Americans uninsured under Republican plan
2017-03-13 21:18:37 UTC
By David Lawder |
WASHINGTON — An eagerly awaited nonpartisan CBO report by the U.S. Congressional Budget Office found that millions more Americans would lose insurance under a Republican plan to dismantle Obamacare. It dealt a potential setba...
US shouldn't assume OPEC would extend cuts to offset shale
2017-03-09 21:50:59 UTC
By Ron Bousso |
HOUSTON — Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production from U.S. shale fields, two i...
The Republican Plan To Destroy The Affordable Care Act
2017-03-07 08:06:15 UTC
By Susan Cornwell and Yasmeen Abutaleb |
WASHINGTON — In a battle waged since the 2010 passage of the Affordable Care Act, Democratic President Barack Obama's signature domestic policy achievement, Republicans including President Donald Trump ...
Germany is preparing to support middle east economy
2017-03-03 09:40:12 UTC
Germany has offered Egypt $500 million to support its economic program and medium-sized and small businesses, the Egyptian ministry of investment and international cooperation said on Friday.
"It was agreed with the German side (that they would...
Trump's Border Wall: Enough Money To Cover A Mile
2017-03-02 10:49:34 UTC
By Julia Edwards Ainsley | DHS has just $20 million for Trump's border wall.
WASHINGTON — President Donald Trump’s promise to use existing funds to begin immediate construction of a wall on the U.S.-Mexico border has hit a financial roadblock...
Brexit could lead to a second Scottish independence referendum
2017-03-01 08:33:46 UTC
By Kate Holton |
LONDON — The "sheer intransigence" of the British government over Brexit could lead to a second Scottish independence referendum, the head of the devolved Scottish government said on Tuesday.
First Minister Nicola Sturgeon,...
Some of Republicans resist the GOP plans to repeal Obamacare
2017-03-01 07:47:21 UTC
By David Morgan |
WASHINGTON - A Republican effort to repeal and replace Obamacare met resistance from House conservatives who said draft legislation would not reduce the cost of healthcare.
Republicans, who control the White House and Cong...
Confession: Trump didn't know how 'complicated the healthcare' is!
2017-02-28 02:21:44 UTC
Trump on Monday theorized that polls show the Obamacare’s approval rating climbing not because people like it, but because they know Republicans will soon repeal it.
“People hate it, but now they see that the end is coming, and they're saying, ...
Trump's trade war: Mexico wants to tax U.S. goods
2017-02-25 09:00:38 UTC
By Frank Jack Daniel |
MEXICO CITY — An emboldened Mexico hardened its opposition to President Donald Trump on Friday by saying it would retaliate if the United States imposed a border tax and that it can afford to lose financial aid that migh...