United States

Wednesday, September 19th 2018 - 08:50 UTC
Tit for tat: China adds US$ 60bn of US imports to its tariff retaliation list

China and the United States plunged deeper into a trade war on Tuesday after Beijing added US$60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on US$200 billion worth of Chinese goods.
Wednesday, September 19th 2018 - 08:41 UTC
Card issuers have to pay US$ 6.2bn to settle class action lawsuit by US retailers

Visa Inc, Mastercard Inc, and a number of U.S. banks on Tuesday agreed to pay US$ 6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments.
Tuesday, September 18th 2018 - 08:58 UTC
Trump escalates the trade war with China imposing 10% tariffs on US$ 200bn imports

United States president Donald Trump escalated his trade war with Beijing, imposing 10% tariffs on about US$ 200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations.
Saturday, September 15th 2018 - 08:42 UTC
Trump ready to move with a next round of tariffs on Chinese goods

United States President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported. The tariffs are expected to apply to about US$ 200bn worth of imports from China, including electronic parts and consumer goods such as handbags.
Friday, September 14th 2018 - 09:07 UTC
US, the world's top crude oil producer, but global geopolitical uncertainty prevails

The U.S. Energy Information Administration (EIA) said that the U.S. likely surpassed Saudi Arabia and Russia earlier this year to become the world’s top crude oil producer. The EIA based its disclosure on preliminary estimates in its Short Term Energy Outlook which is released every month.
Friday, September 14th 2018 - 08:42 UTC
US comes out strongly in support of Taipei in its influence policy dispute with Beijing

The State Department announced last week that it would temporarily recall U.S. ambassadors to the Dominican Republic, El Salvador and Panama for consultations in Washington. The meetings will focus on recent decisions by Latin American countries to no longer recognize Taiwan and ways the U.S. can “support strong. independent, democratic institutions and economies throughout Central America and the Caribbean”
Friday, September 14th 2018 - 08:12 UTC
Amazon's Bezos becomes leading philanthropist: US$ 2 billion for open pre-schools and homeless families

Amazon founder and chief executive Jeff Bezos has said he is giving US$2 billion to start a fund that will open pre-schools in low-income neighborhoods and give money to non-profit groups which help homeless families.
Thursday, September 13th 2018 - 09:55 UTC
Trump signs executive order punishing foreign countries or persons that meddle with US elections

Under fire over his handling of Russian election meddling, US President Donald Trump has signed an executive order to strengthen election security by imposing sanctions on foreign countries or people who try to interfere in the US political process. The order, coming only eight weeks before congressional elections on November 6, drew immediate criticism from both Republican and Democratic lawmakers as too little, too late.
Thursday, September 13th 2018 - 06:20 UTC
“Extremely dangerous major” hurricane Florence advancing on the Carolinas

Hurricane Florence, one of the strongest storms to threaten the East Coast of the United States in decades, continued to swirl in the Atlantic on Wednesday night on a path that is taking it dangerously closer to the Carolinas. Meanwhile, another storm system in the Atlantic gained strength on Wednesday and was named subtropical Storm Joyce.
Tuesday, September 11th 2018 - 08:51 UTC
US economy “booming”, but only 38% approve of Trump, according to opinion polls

United States voters love the performance of the economy, but it has failed to translate into higher approval for President Donald Trump, according to one new poll. The disconnect is perhaps the biggest challenge facing Republicans as they battle to keep control of Congress in November's midterm elections.