United States has said it wants to borrow a record US$ 3 trillion in the second quarter, as coronavirus-related rescue packages blow up the budget. The sum is more than five times the previous quarterly record, set at the height of the 2008 financial crisis.
U.S. Energy Secretary Dan Brouillette said that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.
The U.S. government will pay a minimum of US$ 15 per acre to farmers hurt by President Donald Trump’s trade war with China under an aid package to be unveiled before the end of the week, Agriculture Secretary Sonny Perdue said.
The Federal Trade Commission is set to announce this Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, people briefed on the matter have said.
United States Treasury Secretary Steven Mnuchin said on Friday he had a productive working dinner the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world's two largest economies.
Huawei has filed a lawsuit against the US government over a ban that restricts government agencies from using its products. In a statement, the firm said the US Congress has failed to produce any evidence to support its restrictions.
Democrats have asked President Donald Trump to postpone a speech to Congress, arguing security cannot be guaranteed due to the government shutdown. Speaker of the House Nancy Pelosi said in a letter to Mr Trump that he should deliver the speech in writing instead unless federal agencies reopen.
The organizer of a migrant caravan from Honduras was detained in Guatemala on Tuesday as the U.S. government threatened to withdraw aid from both countries and El Salvador if the flow of migrants north to the United States was not stopped.
The Inter-American Council for Integral Development of the Organization of American States (OAS) today organized a meeting that featured Secretary General Luis Almagro, White House Advisor Ivanka Trump and the President and CEO the Overseas Private Investment Corporation (OPIC), Ray W. Washburne, to discuss “Financial Empowerment of Women for the Sustainable Social and Economic Development of the Americas.”
United States Vice-president Mike Pence thanked Brazil on Tuesday for welcoming Venezuelans fleeing their country’s collapse, while warning Central Americans running from violence in their homelands not to attempt to enter the United States illegally.