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Stock markets drop on new Trump China tariffs

US stock markets have fallen for a second day following a decision by Donald Trump to impose new tariffs on a further $300bn of Chinese imports. The three main US ...

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CRFB: Trump adds $4.1 trillion to national debt

Once President Trump signs the budget deal that was passed by the House on Thursday and is expected to be approved by the Senate in a few days, he will ...

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German minister pushing to resolve trade disputes with U.S.

Altmaier told reporters he had a constructive meeting with U.S. Trade Representative Robert Lighthizer, and both sides agreed it was important to work out their differences over a range of ...

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US accepts inquiry into French plan to tax tech giants

US President Donald Trump has ordered an investigation into France’s planned tax on tech giants – a move that could result in retaliatory tariffs. His trade representative said the US ...

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U.S. treasury chief to visit China soon

 U.S. Treasury Secretary Steven Mnuchin will plan for another trade meeting in China at some point soon, a Treasury spokesman said on Tuesday, adding to President Donald Trump’s earlier statements ...

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A devastating analysis of the tax cut shows it’s done virtually no economic good

A devastating analysis of the tax cut shows it’s done virtually no economic good

You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would ...

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The next US president must urgently address inequality

The next US president must urgently address inequality

Inequality in the United States has reached such levels lately that even members of the “one percent” have started worrying. Ray Dalio, founder of Bridgewater Associates hedge fund who is ranked 57th wealthiest person ...

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Five ways the shutdown is affecting the economy

Five ways the shutdown is affecting the economy

The partial government shutdown has injected a fresh dose of uncertainty into an increasingly complicated economic landscape for the U.S. Hundreds of thousands of federal employees, as well government contractors, ...

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The middle class in America is under siege

The middle class in America is under siege

In April, 2007, I pitched a story to my editors  about “income inequality in America.” The New York Times recently had written a story about inequality being worse than at any time ...

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America’s middle class is shrinking

America’s middle class is shrinking

Over the past four decades, the American middle class has been shrinking relative to upper- and lower-income groups, both of which represent bigger shares of the population than at any time since ...

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