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China to impose new tariffs on $60bn worth of imports from US

China to impose new tariffs on $60bn worth of imports from US

China has said it will impose new tariffs on $60bn worth of imports from the US, including aircraft and liquefied natural gas, in a rapid riposte to Donald Trump’s latest ...

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Trump plans to propose 25-percent tariff on $200 billion of Chinese goods

Trump plans to propose 25-percent tariff on $200 billion of Chinese goods

The Trump administration plans to propose slapping a 25-percent tariff on $200 billion (152 billion pounds) of imported Chinese goods after initially setting them at 10 percent, in a bid ...

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Now Trump wants to give rich people another $100 billion tax cut

Now Trump wants to give rich people another $100 billion tax cut

In a naked attempt to dole out favors to wealthy Wall Street buddies, former Goldman Sachs executive turned Treasury Secretary Steve Mnuchin is working on a scheme to implement a ...

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Treasury raises 2018 borrowing need to $1.33 trillion

Treasury raises 2018 borrowing need to $1.33 trillion

America’s funding needs are starting to grow at a dangerous pace. Even before the NYT reported of Trump’s startling suggestion of a further $100 billion tax cut in the form of an ...

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Facebook just shed $130 billion in two hours, Mark Zuckerberg lost $16.8 billion

Facebook just shed $130 billion in two hours, Mark Zuckerberg lost $16.8 billion

Facebook lost about $130 billion in market value in just two hours, its steepest stock decline ever, after warning of slowing sales growth. The stock, which remained down 20 percent in premarket ...

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1.1 million tonnes of US meat piles up as Trump tariffs damage exports

1.1 million tonnes of US meat piles up as Trump tariffs damage exports

Some 1.1 million tonnes of red meat and poultry are in cold storage facilities as of the end of May, as major destinations for meat exports implement counter-tariffs against the ...

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Trump’s tax plan doing the exact opposite of what he claimed It would

Trump’s tax plan doing the exact opposite of what he claimed It would

One key source of Donald Trump’s support was his promises that he would completely overhaul tax laws. He promised to make filing taxes simpler, and to enact cuts that would ...

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IMF warns G20 leaders: tariffs hurting global economy

IMF warns G20 leaders: tariffs hurting global economy

The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after U.S. President Donald Trump ...

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Donald Trump accuses China, EU of currency manipulation

Donald Trump accuses China, EU of currency manipulation

President Donald Trump on Friday launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies as he took another swipe at the US central bank. ...

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If the economy is ‘roaring’, why are so many Americans still struggling?

If the economy is ‘roaring’, why are so many Americans still struggling?

 Bernie sanders: Donald Trump tells us every day the US economy is “strong”, “booming” and “roaring”. Yes. That’s true for his billionaire friends. Not so true for tens of millions ...

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