Ongoing freezes in federal funding are impacting the U.S. agricultural industry. VOA’s Kane Farabaugh has more from the Midwestern state of Wisconsin. …
your ad hereUS Treasury’s Bessent, China’s He trade economic complaints in call
WASHINGTON — U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, with Bessent telling Beijing to do more to curb fentanyl trafficking and rebalance its economy, and He voicing concerns about President Donald Trump’s new tariffs, the two governments said. The top economic officials …
your ad hereSouth Korea requests exclusion from US plan to increase tariffs
SEOUL, SOUTH KOREA — South Korean officials have asked the Trump administration to exclude their country from U.S. plans to impose aggressive tariffs on trade partners, emphasizing that Seoul is already applying low duties on American products under the free trade agreement between the two nations. South Korea’s government on Friday …
your ad hereUS small businesses brace for effects of higher steel, aluminum tariffs
U.S. small businesses are waiting to feel the effects of President Donald Trump’s executive order imposing a 25% tariff on imported steel and aluminum. Michelle Quinn reports. …
your ad hereChina says it’s ‘doing its best’ to push for tariff negotiations with EU
BEIJING — China has been “doing its best” to push for negotiations with the European Union over its tariffs on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday, almost four months after the punitive import curbs took effect. The bloc voted to increase the tariffs to as much as …
your ad hereGlobal benchmarks trade mixed as investors continue to eye Trump
Tokyo — Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves. France’s CAC 40 dipped nearly 0.1% in early trading to 8,171.59, while Germany’s DAX added 0.4% to 22,560.00. …
your ad hereBreakfast is booming at US restaurants. Is it also contributing to high egg prices?
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade …
your ad hereChina’s fuel demand may have passed its peak, IEA says
London — China’s demand for road and air transport fuels may have passed its peak, the International Energy Agency (IEA) said Thursday, citing data showing that the country’s consumption of gasoline, gasoil and jet fuel declined marginally in 2024. Combined consumption of the three fuels in China last year was at …
your ad hereTrump pushes for lower interest rates alongside tariffs
WASHINGTON — As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, President Donald Trump announced Wednesday he will push for lower interest rates alongside his tariff policies. “Interest Rates should be lowered, something which would go hand in hand with upcoming …
your ad hereZimbabwe to pay displaced, foreign white farmers
HARARE, ZIMBABWE — Zimbabwe’s government said Wednesday it will compensate foreign investors who lost assets in the country’s controversial land reforms in the early 2000s but were protected by bilateral investment protection agreements. Zimbabwean Finance Minister Mthuli Ncube said in a statement the government will pay 94 former farmers from countries …
your ad hereCost of groceries, gas goes up as US inflation worsens
WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate cuts. The consumer price index increased 3% in January from a …
your ad hereAmerican EV makers adjust to possible end of federal tax credit
The latest offerings for electric vehicles take center stage at the 2025 Chicago Auto Show as some federal tax incentives could end. VOA’s Kane Farabaugh has more. …
your ad hereEU, Canada vow to stand firm against Trump’s tariffs on metals
The 27-nation European Union and Canada quickly vowed Tuesday to stand firm against U.S. President Donald Trump’s move to impose 25% tariffs on their steel and aluminum exports, verbal sparring that could lead to a full-blown trade war between the traditionally allied nations. “The EU will act to safeguard its …
your ad hereAs tariffs take effect, Beijing and Washington look back to 2020 deal
New Chinese tariffs on a range of U.S. goods went into effect Monday, following U.S. President Donald Trump’s decision to impose a 10% tariff on Chinese products last week. Tariffs of 25% on steel and aluminum are next. Despite the tariffs and rising tensions, both sides seem reluctant to launch …
your ad hereTrump signs executive orders on steel, aluminum tariffs
Washington — President Donald Trump moved to substantially raise tariffs on steel and aluminum imports on Monday, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other countries in a move that could boost the risk of a multifront trade war. Trump signed proclamations that raised the tariff …
your ad hereTrump to announce 25% steel, aluminum tariffs in latest trade escalation
ABOARD AIR FORCE ONE — U.S. President Donald Trump said Sunday that he will announce on Monday new 25% tariffs on all steel and aluminum imports into the U.S., which would come on top of existing metals duties in another major escalation of his trade policy overhaul. Trump, speaking to reporters …
your ad hereSoaring egg prices in US pique interest in backyard chickens
NEW YORK — Thinking about backyard chickens as egg prices soar? Think hard, especially in light of the bird flu outbreak. Keeping home chickens as a pastime has continued to grow since the pandemic. But if eggs are the goal, remember that it takes planning and investment to raise the chickens …
your ad hereBaltic states switch to European power grid, ending Russia ties
VILNIUS — Estonia, Latvia and Lithuania said on Sunday they had successfully synchronized their electricity systems to the European continental power grid, one day after severing decades-old energy ties to Russia and Belarus. Planned for many years, the complex switch away from the grid of their former Soviet imperial overlord is …
your ad hereUS stocks slide amid inflation, tariff worries
NEW YORK — U.S. stocks slumped Friday amid worries about higher inflation and tariffs, while a closely watched report gave a mixed picture of the U.S. job market. The S&P 500 was down almost 1%, and the Dow Jones Industrial Average fell more than 400 points, or almost 1%. A sharp …
your ad hereUS Postal Service to accept inbound parcels from China, Hong Kong after suspension
HONG KONG/SEOUL/SHANGHAI — The U.S. Postal Service said on Wednesday it would accept parcels from China and Hong Kong, in a U-turn after a suspension following President Donald Trump ending a trade provision used by retailers including Temu, Shein, and Amazon AMZN.O to ship low-value packages duty-free to the U.S. “The …
your ad hereBird flu pushes egg prices up; US retailers, consumers worry
The latest outbreak of bird flu is wiping out chicken flocks and driving higher prices for eggs in the United States. While retailers and consumers are feeling the pinch, but at least one small farmer sees an opportunity – if he can get his hands on some healthy chickens. VOA’s …
your ad hereTrump, Xi to discuss tariffs imposed on each other’s exports
U.S. President Donald Trump and Chinese leader Xi Jinping are set soon to hold a high-stakes phone call on the tit-for-tat tariffs each has imposed on the other country’s exports. Trump’s new 10% tariff on Chinese goods took effect at midnight Monday, with China quickly announcing it would impose 15% …
your ad hereBotswana, De Beers reach diamond sales agreement after years of negotiations
Gaborone, Botswana — The government of Botswana and South African diamond firm De Beers say they have reached a new, 10-year sales agreement following talks that had dragged on since 2019. Analysts say the diamond industry is sure to welcome the deal, as Botswana, after Russia, is the world’s second-largest producer …
your ad hereFacing tariff threats, India lowers import duties to signal it is not protectionist
New Delhi — With trade likely to emerge as the most contentious issue between India and the United States, New Delhi has signaled that it is moving to allay concerns of U.S. President Donald Trump, who has named India among countries that impose high tariffs. The government will cut duties on …
your ad hereTrump: Americans could face ‘pain’ with new tariffs on key trading partners
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 price” to bolster U.S. interests. Despite sharing a free-trade pact he …
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