Economy

The U.S. economy is always a major factor in the presidential campaign because the president plays a key role in setting and shaping trade and economic policies. VOA’s Senior Washington Correspondent Carolyn Presutti reports on how the…
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Washington — In response to mounting pressure from labor unions anxious about the impact of cheap Chinese exports on the U.S steel industry, President Joe Biden is poised to triple tariffs on steel and aluminum imports from China. “They're…
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The Chinese-operated online markets Temu and Shein are shaking up e-commerce with their extremely low prices. But the firms are facing concerns from consumers and Congress. Evie Steele has the story from Washington.
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SCRANTON, Pa. — President Joe Biden is calling for a tripling of tariffs on steel from China to protect American producers from a flood of cheap imports, an announcement he planned to roll out Wednesday in an address to steelworkers in the…
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Harare, Zimbabwe — Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus Mavhunga reports from Harare. Even songs are…
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In the port of Benguela on Angola’s Pacific coast, fishermen and fish traders are struggling to make ends meet. They say their catch is getting smaller and they blame illegal fishing by Chinese trawlers. For Joao Marcos, Barbara Santos has…
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London — Environmental and human rights activists are calling on the Nigerian government to withhold approval of plans by the London-based oil giant Shell to sell off its operations in the Niger Delta, unless the oil giant does more to…
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WILMINGTON, Del. — The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced…
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BEIJING — U.S. Treasury Secretary Janet Yellen warned China on Monday that Washington will not accept new industries being decimated by Chinese imports as she wrapped up four days of meetings to press her case for Beijing to rein in excess…
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KEAN SVAY, KANDAL PROVINCE, Cambodia — Five years ago, Lun Sam Ath took out a $12,000 loan to build a new wooden house and repay a previous loan that she had used to buy a motorbike. The 45-year-old mother of five owed $200 a month to…
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