Economy
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Trump says he’s joining Bessent and Lutnick for trade negotiations with Japanese at the White House
Apr 16, 2025 8:17 am - President Donald Trump said he’s joining some of his top economic advisers on Wednesday for negotiations at the White House over tariffs and trade with a top Japanese official who is traveling to Washington for the talks.
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China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs
Apr 16, 2025 7:04 am - China's economy expanded at a 5.4% annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.
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‘It feels like the end of days’: Trump’s China tariff shocks US importers
Apr 14, 2025 9:40 am - Rick Woldenberg thought he had come up with a surefire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports.
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China’s Xi says there are no winners in a tariff war as he visits Southeast Asia
Apr 14, 2025 7:26 am - China's leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with U.S. President Donald Trump's latest tariffs moves.
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Baby boomers again the top home-buying generation, overtaking millennials
Apr 12, 2025 1:20 pm - High mortgage rates and home prices have shut many younger would-be buyers out of the market, while boomers have so much equity in their homes that many of them are able to sell and then buy with cash.
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Tariffs could cost them. They’re still standing by Trump.
Apr 12, 2025 6:00 am - Kathy McConnell vented about inflation last fall as she waited in line to attend one of Donald Trump’s final rallies in Pennsylvania. Grocery store prices were ridiculous...
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Cars to gadgets: What US consumers are losing to Trump tariffs
Apr 12, 2025 6:00 am - While Americans doling out more money for groceries and consumer goods will be the most probable outcome of President Donald Trump’s tariff hikes, it’s not the only one. ...
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Major nations agree on first global tax on greenhouse gases with plan that targets shipping
Apr 11, 2025 1:12 pm - Many of the world’s largest shipping nations decided on Friday to impose a minimum tax of $100 for every ton of carbon dioxide emitted by ships, if their planet-heating emissions are not already accounted for, making it effectively the first global tax on greenhouse gas emissions.
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US wholesale inflation fell last month as price pressures eased, but trade war clouds outlook
Apr 11, 2025 8:02 am - U.S. wholesale prices fell last month in another sign that inflationary pressures are easing. But President Donald Trump’s trade wars cloud the outlook.
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Trump’s tariffs pushed the U.S. uncomfortably close to a financial crisis before pause
Apr 10, 2025 8:27 am - President Donald Trump may have brought the world to the brink of a financial crisis before pausing his tariff war on Wednesday, as the $28 trillion market for Treasury bonds displayed unusual strains in the hours before his change of course.