America

America

Trump-China deal rests on the art of the possible

For Donald Trump, the next big China deal is all about the last big China deal. The president’s first trade pact with Beijing, signed in 2019, did little to change Beijing’s behaviour or jump-start American manufacturing. Yet the White House is once again pushing for high-stakes negotiations, even if any agreement could prove as ephemeral as the last.

4d ago

Tariff appeal / Trump to ask Supreme Court for ‘expedited ruling’

US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration pushes to overturn a court decision that found many of his tariffs illegal.

1w ago

US appeals court finds Trump’s global tariffs illegal

A US appeals court on Friday ruled that many of President Donald Trump’s tariffs, which have upended global trade, were illegal -- but allowed them to remain in place for now, giving him time to take the fight to the Supreme Court.

2w ago

Weaponising US economic might will weaken it

American trade warriors may be keen to claim early victory. Tariff revenue has surged, 131 percent year-over-year to reach $127 billion by July.

3w ago

US leads in Bangladeshi credit card spending abroad

Bangladeshi nationals spent the most on credit cards in the United States, debit cards in the United Kingdom, and prepaid cards in Saudi Arabia in June this year, according to a recent report by Bangladesh Bank.

3w ago

Trump raises pressure on Fed with call for governor to resign

President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates.

3w ago

Trump says gold will not face tariffs after customs confusion

US President Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -- threatening to upend global trade of the precious metal.

1m ago

Dollar slips

The US dollar extended declines on Monday as investors watched for the outcome of events due this week, from Tuesday’s key July US CPI data and deadline for Washington and Beijing to strike a tariff deal, to a Russia-US summit on Friday.

1m ago

Trump-China deal rests on the art of the possible

For Donald Trump, the next big China deal is all about the last big China deal. The president’s first trade pact with Beijing, signed in 2019, did little to change Beijing’s behaviour or jump-start American manufacturing. Yet the White House is once again pushing for high-stakes negotiations, even if any agreement could prove as ephemeral as the last.

4d ago

Trump to ask Supreme Court for ‘expedited ruling’

US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration pushes to overturn a court decision that found many of his tariffs illegal.

1w ago

US appeals court finds Trump’s global tariffs illegal

A US appeals court on Friday ruled that many of President Donald Trump’s tariffs, which have upended global trade, were illegal -- but allowed them to remain in place for now, giving him time to take the fight to the Supreme Court.

2w ago

Weaponising US economic might will weaken it

American trade warriors may be keen to claim early victory. Tariff revenue has surged, 131 percent year-over-year to reach $127 billion by July.

3w ago

Trump raises pressure on Fed with call for governor to resign

President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates.

3w ago

US leads in Bangladeshi credit card spending abroad

Bangladeshi nationals spent the most on credit cards in the United States, debit cards in the United Kingdom, and prepaid cards in Saudi Arabia in June this year, according to a recent report by Bangladesh Bank.

3w ago

Trump says gold will not face tariffs after customs confusion

US President Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -- threatening to upend global trade of the precious metal.

1m ago

Dollar slips

The US dollar extended declines on Monday as investors watched for the outcome of events due this week, from Tuesday’s key July US CPI data and deadline for Washington and Beijing to strike a tariff deal, to a Russia-US summit on Friday.

1m ago

US imports fall in June

Imports into the United States fell more than expected in June as concerns around shifting tariff policies hit retailers, raising fears of fewer product options in stores for shoppers, data from the National Retail Federation showed on Friday.

1m ago

Trump says Japan will import ‘beautiful’ Ford trucks

Japan will start importing Ford’s chunky F-150 pickup trucks, US President Donald Trump said as uncertainties surround the two countries’ trade accord.

1m ago