United States

Thursday, May 23rd 2019 - 08:18 UTC
At least a month before US imposes more tariffs on US$ 300bn of Chinese products

The United States is at least a month from enacting its proposed tariffs on US$ 300 billion in Chinese imports as it studies the impact on US consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
Tuesday, May 21st 2019 - 09:54 UTC
US judge rules President Trump must hand financial records to Congress

A US judge on Monday ruled in favor of a US House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress.
Tuesday, May 21st 2019 - 09:50 UTC
Trump says trade dispute with Beijing is making companies move out of China

President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot be a “50-50” deal.
Tuesday, May 21st 2019 - 09:26 UTC
Corporate debts pose a “moderate” risk to US economy, says the Fed

The United States private sector's mounting debts pose a “moderate” risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said on Monday.
Tuesday, May 21st 2019 - 09:12 UTC
US eases some restrictions imposed on Huawei for 90 days

The US government on Monday eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences.
Tuesday, May 21st 2019 - 09:03 UTC
US major retailers face lawsuit for selling falsely labeled “100% Egyptian Cotton”

A United States federal judge said Walmart Inc, Target Corp, and Bed Bath & Beyond Inc must face a lawsuit claiming they sold linens that were falsely labeled “100per cent Egyptian Cotton” or “100per cent Long-Staple Egyptian cotton” despite being suspicious of their origin.
Monday, May 20th 2019 - 09:55 UTC
”If Iran wants to fight, that will be the end of Iran”, Trump tells Teheran

President Donald Trump issued an ominous warning to Iran on Sunday suggesting that if the Islamic republic attacks American interests, it will be destroyed.
Monday, May 20th 2019 - 09:40 UTC
FBI investigating US and EU corporate giants for alleged corruption in medical gear supplies to Brazil

The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, Brazilian investigators have revealed to Reuters.
Monday, May 20th 2019 - 08:13 UTC
Trump family companies and Deutsche Bank involved in “shady” transactions, claims New York Times report

Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday.
Saturday, May 18th 2019 - 09:59 UTC
New North American trade pact closer as US lifts tariffs on steel and aluminum from Canada and Mexico

The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact.