WASHINGTON — President Donald Trump has been losing his own battle to cut interest rates. The president likes to vilify high rates as an affront to the size and strength of the U.S. economy, saying that America deserves the cheapest borrowing costs in the world. Trump for months publicly pressured the Federal Reserve to slash
Traffic will begin to flow across a new bridge over the Detroit River that will serve as a critical route for commerce, jobs and tourism between Canada and the U.S. Last week, Canada celebrated the Gordie Howe International Bridge with a ribbon cutting… DETROIT– Traffic will begin flowing Monday across a new bridge over the
NEW YORK — The Trump administration has imposed double-digit tariffs on more than 60 countries, using a legal justification that allows the president to impose import taxes and other sanctions against countries that engage in “unjustifiable,” “unreasonable” or “discriminatory” trade practices. The new tariffs announced in recent days come into effect just as temporary 10%
RIO DE JANEIRO — The Brazilian government has criticized the latest US tariff on certain Brazilian imports and has threatened to impose reciprocal tariffs against US products. The United States said Wednesday it would impose a new 25% tariff on certain imports from Brazil, citing unfair trade practices by the world’s 10th largest economy. The
WASHINGTON– The United States is imposing 25% tariffs on imports from Brazil after finding a variety of what it considered unfair trade practices by the world’s 10th largest economy. The rates, which were first proposed last month, will go into effect on July 22. The order exempts some goods that are not produced in the
WASHINGTON– American consumers (and the Federal Reserve) are suffering another headache from high costs. The surge in data center investments — likely to top $700 billion this year — to boost artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive, and economists expect it to continue pushing