Travel to the US is falling, a decline some in the tourism industry blame on US President Donald Trump. The number of international visitors fell by 4% in the first seven months of 2017, according to the US National Travel & Tourism Office and the trend occurred across all regions, with Africa and the Middle East reporting some of the most dramatic declines.
President Donald Trump's decision on Monday to impose stiff tariffs on imported solar panels and washing machines has stirred concerns around the world, including North America. Mexico says it regrets the U.S. decision not to exclude it from these new tariffs. And it's vowing to take action to halt Mr. Trump's latest salvo on global trade.
Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.
For first time since 2013, the US government is in shutdown after senators rejected a temporary spending patch. Trump accuses Democrats of taking Americans hostage with their demands.
China cuts its holdings of U.S. Treasury securities in November 2017 after adding US$ 8.4bn in October. China's holdings of U.S. treasuries dropped by US$ 12.6bn to US$ 1.1766 trillion in November last year. China remained the largest holder of U.S. treasuries.
Brazil is studying the removal of a 20% tariff on ethanol imports from the United States, Agriculture Minister Blairo Maggi said on Wednesday, in a decision that could depend on Washington lifting a ban on fresh beef exports from Brazil. Last year, Brazil imposed a 20% tax on ethanol imported from the U.S. that exceeds a 600 million liter annual quota to protect local producers as imports spiked.
Apple will pay about US$38bn in tax on the roughly US$ 250bn cash pile it holds outside the US following recent changes to American tax rules. The sum is expected to be the biggest payment under the reforms, which slash the US corporate tax rate.
President Donald Trump requested that his first formal medical exam include a cognitive test and did exceedingly well, receiving a score of 30 out of 30, the top White House doctor announced on Tuesday afternoon.
Whether travelers are visiting the United States from a “shithole country” or from Norway, the US is welcoming tourists and immigrants with open arms. Juergen Steinmetz, the chairman of the Hawaii (USA), Brussels (Belgium), Seychelles, and Bali (Indonesia)-based International Coalition of Tourism Partners (ICTP), a leading global travel and tourism organization, responded to US President’s Donald Trump’s “shithole country” remark when referring to an immigration issue in the United States.
United States president Donald Trump faced new accusations on Saturday regarding the alleged payment of hush money to a pornographic film star. A second actor in pornographic films told the Daily Beast she had been invited to join Trump when he was with Stephanie Clifford, who performs under the name Stormy Daniels. The same site reported that a third actor, who accused Trump of sexual misconduct before the 2016 election, is now subject to a non-disclosure agreement.