United States

• Wednesday, March 7th 2018 - 09:21 UTC

  EU readies list of US goods to be hit by taxes if Trump imposes tariffs

  

  Motorbikes, whiskey and T-shirts are among the US goods that could be hit by EU taxes if the US imposes import tariffs on steel and aluminum. The EU has drawn up a target list of 100 US goods worth €2.8bn (US$3.5bn), the BBC understands.

• Wednesday, March 7th 2018 - 09:14 UTC

  Trump's top economic advisor stepping down after losing trade policy battle

  

  Top economic adviser Gary Cohn is leaving the White House after breaking with President Donald Trump on trade policy, the latest in a string of high-level departures from the West Wing.

• Tuesday, March 6th 2018 - 10:00 UTC

  Trump speaks openly of a “trade war”; links tariffs on steel and aluminum to a redrafted Nafta

  

  U.S. President Donald Trump said on Monday the U.S. is not backing down on its decision to impose 25% tariffs on steel imports and 10% tariffs on imported aluminum products. Before a White House meeting with Israeli Prime Minister Benjamin Netanyahu, Trump suggested Mexico and Canada could be exempted from the planned tariffs if a new and “fair” North American Free Trade Agreement (NAFTA) is reached.

• Tuesday, March 6th 2018 - 09:15 UTC

  Washington state phases out Atlantic salmon farming following the collapse of a marine net-pen

  

  After a lengthy debate, Washington State Legislature has passed a bill phasing out Atlantic salmon net-pen farming ban in the state waters. The approved bill would end state leases and permits for operations that grow nonnative finfish in state waters when current leases expire in 2022.

• Monday, March 5th 2018 - 08:25 UTC

  Beware: OPEC and US shale industry scheduled to meet and share dinner in Houston

  

  Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut. Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) and other global oil players are set to gather in Houston as CERAWeek, the largest energy industry conference, begins on Monday.

• Sunday, March 4th 2018 - 15:58 UTC

  Oil Market Fears: War, Default And Nuclear Weapons

  

  The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.

• Thursday, March 1st 2018 - 09:46 UTC

  Two major US retailers announce restrictions on gun sales; Trump tells lawmakers they are petrified of NRA

  

  Two major US retailers have announced new restrictions on gun sales following the shooting at a Florida school where 17 people died. Dick's Sporting Goods, which has more than 600 shops, said it would no longer sell assault-style rifles, and backed “common sense gun reform”. Walmart later said it was raising the minimum age for anyone buying guns or ammunition to 21 years.

• Wednesday, February 28th 2018 - 09:53 UTC

  Fed chairman Powell anticipates gradual interest rate increases despite larger government spending

  

  Federal Reserve Chairman Jerome Powell, pledging to “strike a balance” between the risk of an overheating economy and the need to keep growth on track, told U.S. lawmakers on Tuesday that the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts and government spending.

• Wednesday, February 28th 2018 - 09:14 UTC

  Mark Twain revival: American Cruise pledges five new Mississippi river boats

  

  American Cruise Lines has announced that construction has begun on the second modern riverboat in the series of five. The second riverboat is the sister-ship to state-of-the-art American Song, the first modern riverboat available in the U.S., which will make its inaugural cruise on the Mississippi River this October.

• Monday, February 26th 2018 - 09:40 UTC

  Warren Buffet receives a profit boost of US$ 29bn from Trump's tax reforms

  

  US billionaire Warren Buffet says his conglomerate has received a profit boost of US$ 29 billion as a result of President Donald Trump's tax reforms, he says. Berkshire Hathaway reported a record quarterly and annual profit on Saturday.