The world’s two largest powers are closer to a full economic break than ever, as President Donald Trump and Chinese leader Xi Jinping refuse to back down in a trade war that has become a high-stakes game of chicken —…
Browsing: Politics
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may…
Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years…
President Trump’s rapidly escalating trade war with China has resulted in eye-watering tariffs on products exchanged between the countries and scrambled prospects for many global businesses that depend on the trade. And there is no end in sight. The Trump…
This has been the mealymouthed critique of President Donald Trump’s trade wars from many Democrats this past week. They awkwardly triangulate between bashing Trump’s catastrophic ideas and touting support for their own similarly spirited, if scaled-down, ideas. No wonder their…
Keir Starmer was back at the Emirates Stadium on Tuesday to watch Arsenal’s 3-0 win over Real Madrid, a result that far exceeded expectations of his team’s chances in Europe. And, over the next few days, I wouldn’t be surprised if…
The United States and China have sharply raised tariffs on each other’s imports over the last week, raising the prospect of a long and painful trade war between the world’s two largest economies. Even as investors rallied to his decision to…
Kari Lake, senior adviser to the parent agency of Voice of America, is set to be detailed to the State Department, a move that could thwart her ambition of transforming U.S.-backed news content worldwide, according to two people with knowledge of…
At least half of the front-line lawyers in the elite Justice Department office that represents the Trump administration at the Supreme Court are preparing to leave or have already announced their departures — an unusually high amount of turnover at a…
President Donald Trump said Wednesday that he will impose a new 10 percent tariff on all imported goods along with higher import taxes tailored for each of about 60 countries that his advisers say maintain the largest barriers against U.S.…