Showing 61 - 70 of 893
Trump threatens 200% tariff on wine, champagne from France, other EU countries
AFP, Published on 13/03/2025
» WASHINGTON - US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey.
Los Angeles wildfires cost Lloyd's of London $2.3bn
AFP, Published on 11/03/2025
» LONDON - Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los Angeles wildfires earlier this year.
China to unveil 2025 growth goals eyeing trade war woes
AFP, Published on 05/03/2025
» BEIJING - China's leadership will on Wednesday unveil their growth goals for the coming year as they eye a mounting trade war with the United States and deepening economic doldrums at home.
Tesla owners sour on Musk's venture into US politics
AFP, Published on 27/02/2025
» WASHINGTON — Tom Blackburn was so proud of his Tesla, he even bought one in bright red to stand out. But with company CEO Elon Musk's foray into US politics, he's sworn never to buy from the electric carmaker again.
Trump tariff deadline looms over Canada, Mexico, China trade
AFP, Published on 02/02/2025
» PALM BEACH (UNITED STATES) - President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos.
Tesla, BMW take EU to court over China EV tariffs
AFP, Published on 28/01/2025
» BRUSSELS (BELGIUM) — Elon Musk's Tesla and German auto giant Bayerische Motoren Werke (BMW) have challenged European Union (EU) import tariffs on China-made electric vehicles (EVs) at the bloc's top court, the European Commission said on Monday.
Billionaire financier Bessent confirmed as Trump's treasury chief
AFP, Published on 28/01/2025
» WASHINGTON - Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.
US announces new restrictions on AI chip exports
AFP, Published on 14/01/2025
» WASHINGTON - The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access the advanced technology in Joe Biden's final days as president.
US Fed expected to cut interest rate again
AFP, Published on 18/12/2024
» WASHINGTON - The US Federal Reserve is expected to cut interest rates by a quarter point later on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's path and Donald Trump's economic proposals.
Yellen urges China to shift from 'unfair' state-driven economic policy
AFP, Published on 15/12/2023
» WASHINGTON - United States Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.