Tag: Economic policy
Trump favors huge new tariffs. What are they, and how do they work?
WASHINGTON -- Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign...
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON -- The Bank of England is widely expected to announce it is keeping interest rates unchanged later Thursday despite a big cut...
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
LONDON -- The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation...
China accuses Canada of protectionism over 100% tariffs on electric vehicles
BEIJING -- China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau's government imposed a 100% tariff on imports of Chinese-made...
Asian stocks down after Big Tech pulls S&P 500 and Nasdaq lower
HONG KONG -- Asian stocks were down Tuesday after a mixed finish on Wall Street, where the Dow Jones Industrial Average climbed to...
Argentine Senate passes pension spending increase in a blow to President Milei's radical austerity
BUENOS AIRES, Argentina -- Argentina's Senate defied President Javier Milei on Thursday to push through an increase to pension spending that would cost...