Economy

U.S. President Donald Trump said Sunday that Americans may face economic “pain” because of new tariffs he is imposing on the country’s three biggest trading partners —Canada, China and Mexico — but contended that it would be “worth the…
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More ships than ever are being abandoned around the world by their owners, according to the United Nations’ labor and maritime organizations, leaving thousands of workers stuck on board without pay or the means to travel home to their…
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washington — White House press secretary Karoline Levitt announced Friday that President Donald Trump would be implementing 25% tariffs on Mexican and Canadian goods and a 10% tariff on all Chinese imports on Saturday. Consumers told VOA…
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WASHINGTON — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department…
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TAIPEI, TAIWAN — The Lunar New Year, also called the Chinese New Year or the Spring Festival in China, is traditionally celebrated with tables piled with food and red envelopes filled with cash for children. In past years, smoke from…
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President Donald Trump is widely expected to impose tariffs on goods from Mexico and Canada as early as February 1 as part of a plan he says will boost the U.S. economy. But with much about the specifics still unknown, economists, business…
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Brussels, Belgium — The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector, as it held talks with industry leaders who have sounded the alarm over emissions fines and Chinese competition. The European Union is…
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New York — Wall Street is tumbling Monday on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that can do similar things for much cheaper. The S&P 500 was…
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China’s annual mass migration ahead of the Lunar New Year will peak with billions of trips anticipated during this year’s holiday, which begins Tuesday. An estimated 9 billion trips are expected. This year’s holiday lasts from Jan. 28…
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President Donald Trump laid out his approach to foreign investment to the world’s largest gathering of global business leaders, offering investors a take-it-or-leave-it deal to build in the U.S. or face stiff tariffs. VOA White House…
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