Tag: government policy
Trump slaps taxes on foreign steel, aluminum, a move that proved costly in first term
WASHINGTON -- WASHINGTON (AP) — President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s...
Trump says he is considering tariff exemptions on Australian steel and aluminum
MELBOURNE, Australia -- U.S. President Donald Trump said he agreed to consider a tariff exemption on Australian steel and aluminum imports after a...
Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty
WASHINGTON -- President Donald Trump plans to on Monday formally announce 25% tariffs on steel and aluminum imports as part of an aggressive...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
WASHINGTON -- The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more...
US importers stockpile Italian Prosecco as a hedge against possible Trump tariffs
ROME -- American importers have been stockpiling Italian bubbly Prosecco as a hedge against the possible impact of tariffs threatened by President Donald...
Bank of England expected to cut key UK interest rate to 4.50%
LONDON -- The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even...