The head of the nation’s largest business group on Wednesday said the U.S. has a “once in a generation chance” to reshape a slow-growing American economy, but he also cautioned that a golden opportunity could be lost if stiffer trade barriers get in the way.
Donald Trump plans to overhaul tax, trade, energy and regulatory policies to spur an era of “unbridled” American growth, promising to create more jobs than the world’s largest economy has added in any 10-year period.
Atlanta (AFP) - Trade ministers from the US, Japan and 10 other Pacific Rim countries opened final-stretch negotiations Wednesday trying to seal a deal on the world's largest free-trade pact, the Trans-Pacific Partnership.
Germany's trade surplus is a problem: ...in recent years China has been working to reduce its dependence on exports and its trade surplus has declined accordingly. The distinction of having the largest trade surplus, both in absolute terms and relative to GDP, is shifting to Germany. ...
NEW DELHI: Donald Trump took oath of office as the 45th President of United States of America, with a call to buy American and hire American, where analysts saw threats of trade wars, retaliatory tariffs, currency wars in the global economy. In an inaugural address that smacked of an era of fierce protectionism for American jobs and trade, Trump vowed to put America first in everything he does, sending out a strong signal to the world. He promised to bring jobs back to the US, and “eradicate completely” Islamic terrorism.
Donald Trump unveiled an economic team that's a mirror image of the candidate and his campaign: They're mostly outside the Republican, Wall Street and academic establishments, and they're all men. The lineup is heavy on aging billionaires who run their own enterprises -- just like Trump -- and includes financiers John Paulson, Andy Beal and Stephen Feinberg. Economists David Malpass, Peter Navarro and Stephen Moore are also listed as advisers to the Republican presidential candidate.
London (AFP) - Music festivals such as Glastonbury leave the British countryside strewn with discarded tents and beer cans -- but they're big money-spinners for the nation's economy, generating billions from revellers following the world's biggest bands.
The blockbuster bid for a U.S.-European Union trade deal announced by President Obama in Tuesday’s State of the Union speech won’t be easy, but it has the potential to reshape the global export market and provide a nudge to economies on both sides of the Atlantic.