China's Trade Surplus with the US Hits a Record High of $34 Billion
Business

China's Trade Surplus with the US Hits a Record High of $34 Billion

The trade surplus that China has over the United States has reached a record high.
Jack Ma Backtracks on His Pledge to Create One Million Jobs in the US
Business

Jack Ma Backtracks on His Pledge to Create One Million Jobs in the US

Jack Ma,chairman and founder of the Alibaba company, appears to be less certain about creating jobs in the United States than his previous public appearances have stated.
Trump Faces Resistance from the Auto Industry over Trade Threats
Business

Trump Faces Resistance from the Auto Industry over Trade Threats

President Donald Trump’s tariff threats targeting European auto makers are continuing to raise eyebrows even after his commerce secretary backed away from a deadline set in August to determine whether to enact stiffer tariffs on European auto imports.
Economists Warn Trump's Tariffs Don’t Support U.S. Growth
Politics

Economists Warn Trump's Tariffs Don’t Support U.S. Growth

Economists are becoming less confident about US economic growth in light of Trump’s trade and budget policies. The experts are also not convinced that the current gains coming from the GOP tax cuts will be sustainable.
Trump's Trade War May Hit Consumers' Personal Finances
Business

Trump's Trade War May Hit Consumers' Personal Finances

The US is already in a full-blown trade war with several countries around the globe. At some point, you may have wondered how all this will affect you.
Canada’s Retaliatory Tariffs on US Imports Go into Effect
Business

Canada’s Retaliatory Tariffs on US Imports Go into Effect

Canada announced on Sunday a new 25% tariff on assorted US metals products. A 10% tariff on another 250 products such as beer kegs, orange juice, and whiskey was also confirmed. The tariffs are the culmination of increased trade tensions between the US and Canada over the last few months.

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