Tag: United States

Tuesday, May 7th 2019 - 09:47 UTC
Chinese backtrack prompted Trump to announce raising tariffs next Friday

Top US trade officials said on Monday that China had backtracked on previous commitments made in talks, and that this reversal was what prompted President Donald Trump’s earlier announcement that the United States would raise tariffs on billions of Chinese goods next Friday.
Tuesday, May 7th 2019 - 09:15 UTC
US Federal Reserve warns about stock prices and high corporate debt loads

The US central bank warned on Monday of persistent risks to the financial system posed by elevated stock prices and historically high corporate debt loads as well as the impact of President Donald Trump's trade wars.
Tuesday, May 7th 2019 - 08:57 UTC
Bolsonaro insists in being honored in the US: this time possibly in Texas

Brazil's right-wing President Jair Bolsonaro is considering travelling to the United States to be honoured at an event in Texas next week, his spokesman said on Monday, just days after he cancelled a heavily criticized visit to New York City.
Tuesday, May 7th 2019 - 08:48 UTC
Trump will not release his tax returns to Congress, Mnuchin tells House committee

The US Treasury will not hand President Donald Trump's tax returns over to Democratic lawmakers, defying a demand from Congress, US Treasury Secretary Steven Mnuchin said on Monday.
Tuesday, May 7th 2019 - 07:52 UTC
Pence is to announce more incentives for the military to turn against Maduro

US vice-president Mike Pence is set on Tuesday to offer new incentives to Venezuela's military to turn against President Nicolas Maduro, responding to an attempted uprising that fizzled out last week, a senior administration official told Reuters.
Monday, May 6th 2019 - 09:54 UTC
US-China trade talks moving “too slowly” Trump warns and announces a Friday deadline

Donald Trump has said he will raise tariffs on US$ 200bn of Chinese goods because talks on a US-China trade deal are moving “too slowly”. The US president tweeted that tariffs of 10% on certain goods would rise to 25% on Friday, and US$ 325bn of untaxed goods could face 25% duties “shortly”.
Monday, May 6th 2019 - 09:26 UTC
Boeing facing more discrepancies over safety alert mechanisms in the 737 MAX

Boeing Co did not tell US regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 Max, instead of standard as on earlier 737s, but insisted on Sunday the missing display represented no safety risk.
Monday, May 6th 2019 - 09:23 UTC
China might cancel next round of trade talks with US, says the Wall Street Journal

China is considering cancelling a planned Washington trip this week by the country's top trade negotiator, the Wall Street Journal reported on Sunday. Beijing was surprised by US President Donald Trump's threat to levy new tariffs on trade with the country, the Journal reported, citing a person it didn't identify. The country doesn't want to negotiate under threat, the newspaper said.
Monday, May 6th 2019 - 09:04 UTC
Arctic countries meet in Finland, but not all participants are happy with China's presence

Top diplomats from the United States, Russia and other nations which border the Arctic meet in Finland on Monday to discuss policies governing the polar region, as tensions grow over how to deal with global warming and access to mineral wealth.
Monday, May 6th 2019 - 08:57 UTC
The US “Sage of Omaha” wants to invest in the UK despite Brexit uncertainty

Warren Buffett has said he wants to invest more in the UK and other parts of Europe, despite uncertainty over the UK's future relationship with the EU. The US investment guru said he would like his firm, Berkshire Hathaway, to be better known across the Atlantic.