Finance

‘How Long Is Short-Term?’ Pain of Tariffs Tests Farmers’ Faith in Trump

Many farmers are. In North Carolina, Ms. Overman, 57, said she could not handle another bad year. Last season, she lost $450,000 when most of her wheat and soybeans were wiped out by a hurricane, the second in three years. Her son and son-in-law have both come home to farm. “But neither of them wants […]

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Asia shares retreat on fears China-US trade row might spread

Asian shares were mostly lower on Friday as worries that the trade standoff between the U.S. and China might expand put investors in a selling mood. Japan’s benchmark Nikkei 225 fell 0.2% to finish at 21,117.22. Australia’s S&P/ASX 200 lost 0.6% at 6,456.00. South Korea’s Kospi dropped 0.8% to 2,043.43. Hong Kong’s Hang Seng edged

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House And Senate Reach $19 Billion Deal On Disaster Aid, Senators Say

WASHINGTON (Reuters) – U.S. House of Representatives and Senate negotiators have reached a deal on a $19.1 billion disaster aid bill that has President Donald Trump’s support, lawmakers from both parties said on Thursday. Republican Senator Richard Shelby said there could be a Senate vote on the legislation as early as Thursday. Senate Democratic Leader Chuck Schumer confirmed that Democrats

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Trump Administration to Announce Farm Aid to Ease Pain of Trade War

He reached out to Canadian and Mexican officials, offering a deal in which the United States would lift its tariffs if the countries would agree to prevent future surges of metal into the United States market, these people said. If those surges happened, the United States could reimpose tariffs of 10 percent on aluminum and

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Judge Rules Against Trump, Paves Way For Banks To Hand Over His Business Records To Congress

NEW YORK, May 22 (Reuters) – President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump’s businesses. In a decision read from the bench after hearing arguments, U.S. District Judge

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Mnuchin says Tubman $20 bill design delayed past 2020

Treasury Secretary Steven Mnuchin said Wednesday the redesign of the $20 bill to feature 19th century abolitionist leader Harriet Tubman has been delayed. The decision to replace Andrew Jackson, the nation’s seventh president, with Tubman on the $20 bill had been made by Mnuchin’s predecessor, former Treasury Secretary Jacob Lew, who had served in the

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