Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonald’s. It was the first American fast-food restaurant to enter the Soviet Union, reflecting the new political openness of […]
WASHINGTON — President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds. The broad trade shift, which revokes the […]
NEW YORK — As Russia has intensified its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden is expected to announce a ban on importing Russian fuel, according to a person familiar with the matter. Critics of […]
WASHINGTON — President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter. The move follows pleas by Ukrainian President Volodymyr […]
BRUSSELS — President Joe Biden on Tuesday moved to end a long-running dispute with the European Union over subsidies for aircraft manufacturers, a major breakthrough in the U.S.-EU trade relationship that comes on the eve of his highly anticipated meeting […]
WASHINGTON — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% […]
GENEVA — A World Trade Organization panel ruled Tuesday that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a […]
NEW YORK — U.S. stocks rose in early trading Monday as investors looked ahead to the signing of an initial trade deal with China and the potential for future talks. The world’s largest economies are expected to sign the “Phase […]
NEW YORK — Stocks around the world climbed on Thursday, and the S&P 500 was heading for a record as markets continued their rally on relief that the United States and Iran appear to be stepping away from the edge […]
WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. “We’re close to a deal,″ said Myron Brilliant, the […]
WASHINGTON — House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump. That’s according to a Democratic aide […]
LONDON — President Donald Trump on Tuesday downplayed the likelihood of reaching a U.S.-China trade deal before next year’s elections — and then shrugged off the tailspin that his remarks caused in the stock market. Speaking in London, where he […]
WASHINGTON — President Donald Trump on Friday dismissed a Chinese official’s assertion that his administration has agreed to roll back some of the higher tariffs it’s imposed on Chinese goods. The Chinese official had said Thursday that the two sides had agreed […]
Banks led stocks broadly higher on Wall Street in afternoon trading Thursday, placing the market on track to extend its gains from the day before. Investors have turned hopeful that a new round of negotiations between the U.S. and China […]
NEW YORK — U.S. stocks moved broadly higher Wednesday as investors grew more hopeful that the U.S. and China could make some progress in their latest round of trade negotiations. China has reportedly signaled that it is open to a […]
WASHINGTON — President Donald Trump is attributing too many job losses to the North American Free Trade Agreement. Addressing the U.N. General Assembly on Tuesday, Trump called for significant changes in international trade and criticized NAFTA as unduly harming American factory workers, […]
WASHINGTON — The pain that President Donald Trump says China is feeling in the trade war is not what he says it is. Here’s a look at his remarks this week about China’s economy and how they stack up with […]
WASHINGTON — President Donald Trump is painting a false picture of a U.S. economy unaffected by his trade war with China and other countries. He describes a blue-sky world in which rapidly escalating tariffs have no impact on American consumers […]
BIARRITZ, France — President Donald Trump signaled regret Sunday for an escalating trade war with China, as he faces a tense reception from world leaders meeting amid mounting anxiety of a global economic slowdown at the Group of Seven summit […]
BIARRITZB, France — President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted “order” to U.S. businesses to cut ties in China amid a spiraling trade warbetween […]
WASHINGTON — Escalating his trade war with China, President Donald Trump bumped up his tariffs on Chinese imports Friday, lashing back after Beijing raised taxes on U.S. products. In a tweet, Trump said he would be raising planned tariffs on […]
BEIJING — President Donald Trump on Friday called on U.S. companies with operations in China to consider an alternative place to do business after Beijing announced a series of retaliatory tariffs Friday. “I will be responding to China’s Tariffs this […]
WASHINGTON — President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He insisted he’s not fearing a recession but is nonetheless considering new tax […]
WASHINGTON — Rather than speak up strongly for the Hong Kong protesters, President Donald Trump on Thursday suggested the answer to their complaints of Chinese oppression is simply for Beijing’s “great leader,” Xi Jinping, to meet with them and peacefully sort out […]
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Israel Says 12 More Hostages Have Been Freed By Hamas And Have Arrived In Egypt Copyright © 2023 Front Street. All Rights Reserved.
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