Finance

China Retaliates Against the U.S. With Its Own Higher Tariffs

BEIJING — China moved to retaliate against the United States, announcing plans on Monday to raise tariffs on American goods ranging from beer and wine to swimsuits, shirts and liquefied natural gas. The decision, which follows President Trump’s increase in tariffs on Chinese goods last Friday, escalates the pressure in the ongoing trade war. Trade

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China Strikes Back With Plans To Hike Tariffs On $60 Billion Of U.S. Imports

WASHINGTON/BEIJING (Reuters) – China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump warned it not to retaliate. China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140

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Argentina’s Economic Misery Could Bring Populism Back to the Country

GREGORIO DE LAFERRERE, Argentina — The turquoise paint is peeling from the walls of Claudia Veronica Genovesi’s modest home. Her roof leaks, but she and her husband — both office cleaners — cannot afford to patch it. On the ragged streets of the shantytown across the road, where stinking outhouses sit alongside shacks fashioned from

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Many Americans Will Need Long-Term Care. Most Won’t be Able to Afford It.

In 2029, for people 75 to 84 (ages when they’re likely to need long-term care), that would mean access to about $25,000 to $74,000 a year in current dollars. Over age 85, the middle-income category extends to $95,000. About 14.4 million people will fall into the middle-income category, almost double the current number. Sixty percent

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China, Defiant but Careful, Promises Aggressive Response to Tariffs

“The trade negotiations have gone on for so long because the two countries’ fundamental interests cannot be reconciled,” Nicole Zhang, 26, an employee at an online travel company, said while shopping in a Beijing mall on Friday. “National interests are unfeeling things like that. That’s just how it is.” At the beginning of the year,

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Juul’s ‘switch’ campaign for smokers draws new scrutiny

The young models and the candy-colored graphics that helped propel Juul to the top of the e-cigarette market are gone. In their place are people like Carolyn, a 54-year-old former smoker featured in new TV commercials touting Juul as an alternative for middle-age smokers. “I don’t think anyone including myself thought that I could make

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Beware of Credit ‘Repair’ Companies, Consumer Watchdogs Say

People struggling with loan payments and falling credit scores may be tempted to seek a quick fix. But they should be wary of so-called credit repair companies that promise to scrub credit files and improve credit scores for a fee, consumer watchdogs say. The Consumer Financial Protection Bureau filed suit this month against Lexington Law

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