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David Lawder
Cars parked at the port in Bayonne, New Jersey, in 2021
BUSINESS / Markets
Mar 25, 2025
Stocks rise as Trump hints at delays to auto tariffs and relief for some
U.S. markets ended Monday broadly higher on optimism that the tariffs set to be detailed next week may not be as extensive as expected.
Alcohol is shaping up to be a key friction point in the brewing trade war.
BUSINESS / Economy
Mar 14, 2025
Trump threatens tariffs on European wine and spirits in escalating trade war
The threat came in response to a European Union plan to impose tariffs on American whiskey and other products next month.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
U.S. President Donald Trump hosts his first cabinet meeting at the White House in Washington on Wednesday.
BUSINESS
Feb 27, 2025
Trump sows confusion on timing of tariffs for Canada and Mexico
Trump's comments on the timing of the tariffs prompted jumps in the value of the Canadian dollar and Mexican peso versus the greenback.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
A sign that reads ''Buy Canadian Instead'' is displayed after the top five U.S. liquor brands were removed from sale at B.C. Liquor Stores, as part of a response to U.S. President Donald Trump's 25% tariffs on Canadian goods, in Vancouver, British Columbia, on Sunday.
BUSINESS / Economy
Feb 3, 2025
Trump says Americans could feel 'pain' in trade war with Mexico, Canada and China
Wall Street and Washington's largest trading partners signaled hope that the trade war would not last long.
Chevy and GMC pickup trucks at a General Motors facility in Silao, Mexico, in 2022. The automaker produces more vehicles in Mexico than any other American manufacturer.
BUSINESS / Economy
Feb 2, 2025
Trump stretches trade law boundaries with tariffs
Experts say the 1977 International Emergency Economic Powers Act (IEEPA) is untested for Trump's actions and will likely face swift court challenges.
U.S. President Donald Trump signs executive orders in the Oval Office of the White House in Washington on Monday.
WORLD / Politics
Jan 21, 2025
Trump declares U.S. exempt from previously agreed global corporate tax pact
The landmark 2021 agreement with nearly 140 countries set a global corporate minimum tax rate of 15%.
U.S. President Joe Biden speaks in Washington on Dec. 10.
WORLD / Politics
Dec 24, 2024
Biden launches new Chinese chip trade probe, which will be handed off to Trump
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports.
U.S. Secretary of Treasury Janet Yellen and Ukrainian Minister of Finance Sergii Marchenko speak prior to signing a joint statement on a U.S. loan paid for by profits from Russia's sovereign assets, at the Treasury Department in Washington on Wednesday.
WORLD / Politics
Oct 24, 2024
U.S. finalizes $20 billion share of $50 billion G7 loan to Ukraine
"Ukraine can receive the assistance it needs now, without burdening taxpayers," said U.S. President Joe Biden.
A woman sits in front of the New York skyline in Hoboken, New Jersey, on June 23.
BUSINESS / Economy
Oct 23, 2024
U.S. remains engine of global growth in latest IMF forecasts
In its latest World Economic Outlook, the IMF raised its 2024 and 2025 economic growth forecasts for the U.S.
Afghan women after an earthquake in Herat, Afghanistan, on Oct. 10, 2023
BUSINESS / Economy
Oct 14, 2024
Poorest nations in worst financial shape since 2006, World Bank says
The World Bank report finds these economies are poorer today, on average, than they were on the eve of the COVID-19 pandemic.
International Monetary Fund spokesperson Julie Kozack
BUSINESS
Oct 4, 2024
IMF says Japan should keep raising rates if inflation data warrants it
Prime Minister Shigeru Ishiba said on Wednesday that Japan is not in an environment requiring an additional rate hike.
Employees work on an electric car production line near Ningbo, China, in April 2021. In new measures announced Friday, the Biden administration is moving to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
BUSINESS / Economy
Sep 14, 2024
U.S. locks in steep China tariff hikes, as some industries warn of disruptions
The tariffs include a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals.
U.S. President Joe Biden meets with Vietnam President Vo Van Thuong in Hanoi on Sept. 11, 2023. During Biden's visit to Hanoi last year, the U.S. and Vietnam elevated ties to a comprehensive strategic partnership.
BUSINESS / Economy
May 9, 2024
Vietnam's China ties loom large in U.S. hearing on market economy upgrade
Opponents cite Beijing's outsized influence on Hanoi while proponents argue that denial of market economy status would push Vietnam closer to its neighbor.
U.S. Treasury Secretary Janet Yellen meets China's Vice Premier He Lifeng at the Guangdong Zhudao Guest House, in Guangzhou, Guangdong province, China, on Saturday.
WORLD / Politics
Apr 6, 2024
U.S. and China to start new talks on balanced growth, Yellen says
The top priority of her four day visit to China was to persuade Beijing to rein in excess production capacity for clean energy technology.
Changes from the World Bank are part of broader reform efforts to expand the development lender's mission to tackle climate change and other global crises, and vastly enlarging its lending capacity.
BUSINESS / Economy
Feb 2, 2024
World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
Indo-Pacific Economic Framework leaders pose for a family photo at the Asia-Pacific Economic Cooperation summit in San Francisco on Thursday.
BUSINESS / Economy
Nov 18, 2023
Indo-Pacific trade deal prospects dim as U.S. election year looms
Election-year pressures and resistance to tough commitments from some countries make a deal unlikely anytime soon, observers say.
U.S. Treasury secretary Janet Yellen (right) and He Lifeng, China's vice premier, shake hands during a meeting in San Francisco, California, on Thursday.
WORLD / Politics
Nov 10, 2023
Yellen seeks 'substantive' talks with Chinese vice premier ahead of APEC summit
U.S. Treasury officials have sought to downplay expectations for any breakthroughs from the meetings in San Francisco.
International Monetary Fund Managing Director Kristalina Georgieva walks after attending an interview at the International Media Center at the Group of 20 summit in New Delhi on Sept. 10.
BUSINESS / Economy
Sep 16, 2023
IMF to urge China to shift growth model toward consumption
IMF Managing Director Kristalina Georgieva plans to ask China to address a number of issues that are dragging down both Chinese and global growth.

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The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties