Economy – Page 5 – Techwen

Trump official says 10% tariffs will stick around

Trump official says 10% tariffs will stick around

U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Carlos Barria | Reuters Commerce Secretary Howard Lutnick said Sunday that the 10% baseline tariff rate on imports from … Read more

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters History suggests that President Donald Trump’s new “Too Late” nickname for Federal Reserve Chair Jerome Powell has a strong … Read more

Trump official says NJ Democrats could face charges

Trump official says NJ Democrats could face charges

Mayor Ras Baraka of Newark in handcuffs outside Delaney Hall detention facility in Newark, NJ on May 9, 2025. Courtesy: Newark Mayor’s Office The Trump administration suggested Saturday that New Jersey Democratic lawmakers involved in a clash a day earlier with authorities at a federal immigration detention center that led to the arrest of Newark Mayor Ras … Read more

Pope Leo explains name: AI, worker rights

Pope Leo explains name: AI, worker rights

Newly elected Pope Leo XIV, Cardinal Robert F. Prevost of the U.S., appears on the balcony of St. Peter’s Basilica at the Vatican, May 8, 2025. Dylan Martinez | Reuters Pope Leo XIV said Saturday that he selected his name in part to commemorate Pope Leo XIII for his commitment to social issues and workers’ … Read more

India and Pakistan agree to immediate ceasefire

India and Pakistan agree to immediate ceasefire

India’s Foreign Secretary Vikram Misri holds a press briefing at Ministry of External Affairs (MEA) in New Delhi, India, May 10, 2025. Anushree Fadnavis | Reuters India and Pakistan have agreed to an “immediate ceasefire,” President Donald Trump said Saturday, following days of rising tensions and fighting between the two nations. “After a long night … Read more

US and Chinese officials meet in Geneva to discuss tariffs

US and Chinese officials meet in Geneva to discuss tariffs

GENEVA — The U.S. treasury secretary and America’s top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and to damage global commerce. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet in … Read more

America’s Top States for Business 2007: The full rankings

America’s Top States for Business 2007: The full rankings

We scored all 50 states—using publicly available data—on 40 different measures of competitiveness. States received points based on their rankings in each metric. Then, we separated those metrics into the ten broad categories, with input from business groups including the National Association of Manufacturers. We weighted the categories based on how frequently each is cited … Read more

Trump unveils UK trade deal after tariff pause

Trump unveils UK trade deal after tariff pause

President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. Trump said in the Oval Office that the deal includes “billions of dollars of increased market access for American exports,” and said the UK will “reduce or eliminate numerous non-tariff barriers that unfairly discriminated against American products.” Specifics … Read more

Trump officials to meet with Chinese counterparts on trade

Trump officials to meet with Chinese counterparts on trade

US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty Images Treasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer will meet with their Chinese counterparts in Switzerland this weekend to … Read more

Trump knocks Canada before PM Carney trade meeting

Trump knocks Canada before PM Carney trade meeting

President Donald Trump on Tuesday sharply questioned the United States’ trade relationship with Canada just minutes before he was scheduled to meet Canadian Prime Minister Mark Carney at the White House. Trump said on Truth Social that he was looking forward to meeting and working with Carney, but that he “cannot understand” why the U.S. … Read more