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China To Escalate Trade War With Trump

The Trump administration will impose a 25 percent tariff on up to $50 billion in Chinese goods, a decision that brought swift condemnation from Beijing as trade conflicts between the world’s two largest economies escalate. In a statement Friday, President Donald Trump said the measures will affect Chinese goods “that contain industrially significant technologies.” The […]

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Trump Planning To Hit European Union With Steel, Aluminum Tariffs

WASHINGTON—The Trump administration, unable to win concessions from European Union counterparts ahead of a Friday deadline, is planning to make good on its threat to impose tariffs on European steel and aluminum, people familiar with the matter said. The administration is expected to make an announcement as early as Thursday. The move, which has been […]

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Congress Just Repealed Laws That Prevented Banks From Another 2008 Crash

The House voted late on Tuesday to pass a bill that will change significant aspects of Dodd-Frank, the banking reform bill introduced after loose lending and risky maneuvers by financial institutions led to the country’s worst recession since the Great Depression. Since it passed in 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act […]

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Trump Considers Re-Entering Trade Agreement He Called A “Disaster”

Trump on Thursday instructed top administration officials to explore re-entering the Trans-Pacific Partnership (TPP) — a trade pact he pulled the U.S. out of last year while calling it a “disaster.” Speaking after a trade meeting with Trump, Republican senators said the president told White House National Economic Council Director Larry Kudlow and U.S. Trade […]