Economy
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What’s next for US-China trade deal after Trump extends deadlinePresident Trump has extended his tariff truce with China. But conciliatory moves suggest that America may not retain the upper hand.
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As Trump doubles down on tariffs, his tactics reflect distrust of trade normsHigher tariffs go into effect today as President Trump targets persistent U.S. trade deficits. But economists say patterns of saving and investment, not tariff rates, are at the root of trade imbalances.
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Trump’s firing of BLS official casts shadow on federal data gatheringDonald Trump isn’t the first president to struggle over official data, with agencies like the Bureau of Labor Statistics. But trustworthy data is vital for financial markets, and the firing of BLS chief Erika McEntarfer has raised concerns.
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Tariffs may sting LA docks. Deeper changes are coming to this blue-collar bastion.President Trump’s tariffs have already affected economic activity at the LA docks, the nation’s largest. But automation and artificial intelligence are the challenges that could cause the most hardship for thousands of workers.
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Trump’s tariff map takes shape, reordering global tradeAfter an era pushing the world toward open trade, the U.S. under President Trump has just pivoted toward higher tariffs and bilateral brinkmanship.
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Trump’s tariff tension may be easing after deals with EU, JapanPresident Trump has challenged conventional trade policy, and the U.S. is agreeing to deals with the European Union, Japan and others. Whether America comes out ahead depends in part on what the details of the tariff agreements turn out to be.
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Embracing loose AI policies, Trump seeks edge in US race against ChinaUnder President Trump’s new AI plan, America’s strategy has moved from cautious to bold, though critics are concerned that key safeguards are missing.
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Bipartisan bills set rules for cryptocurrency. Will digital money go mainstream?Congress passed the first-ever major U.S. cryptocurrency legislation on Thursday, boosting the industry. But digital coins remain a risky investment.
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Tariffs boost inflation. But many economists see a recession as avoidable.The U.S. economy has defied dire predictions so far this year. Even with inflation rising and the potential for growth slowing, a recession does not look inevitable.
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Trump pressures EU, Mexico with new plans for 30% tariffsPresident Donald Trump announced the tariffs Saturday on two of the United States' biggest trade partners in letters posted to his social media account.
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Trump threatens new tariffs, moves deadline again. Will deals get done?President Trump is making new threats to U.S. trade partners. These partners may be refusing pressure, but also underestimating Mr. Trump’s need to win.
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White House steps up pressure for trade deals ahead of Wednesday deadlineThere are plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1. That furthers the uncertainty for businesses, consumers, and America's trading partners.
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US economy faces reckoning as some immigrants avoid workplacesUncertainty caused by policy shifts and arrests is taking a toll on America’s workplaces, making many immigrants – with and without legal status – hesitant to go to work.
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Party of the rich or working class? ‘Big bill’ poses a test for Republicans.As the Senate takes up the House One Big Beautiful Bill Act, some Republicans question if it favors rich people over the party’s working-class base.
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Moscow sees broader Alaska summit goals than peace in Ukraine
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As Trump’s approval ratings fall, Democrats are doing even worse. Why?
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With DC crackdown, Trump reorients balance of power between city, feds
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After years of sluggish enlistments, the US military gets a surge of recruits
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US-Pakistan relations are the best they’ve been in decades. Pakistanis aren’t thrilled.