Category: US economy

Dragged down by an unpopular president, Republicans are bracing for a midterm trouncing

As Americans tire of Donald Trump, a Democratic midterm ‘tsunami’ could sweep the GOP out of powerIt was a wake-up call for America. In January, Donald Trump took the oath of office, declared himself “saved by...

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Liz Truss backs Trump attacks on Fed and says a ‘reckoning’ on way for central banks

Britain’s shortest-serving prime minister also critical of Bank of England and European Central BankBusiness live – latest updatesDonald Trump’s assault on the independence of the US Federal Reserve has been...

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‘Saying Trump is dangerous is not enough’: Bernie Sanders on Biden, billionaires – and why the Democrats failed

The senator and twice Democratic presidential hopeful is on tour with Alexandria Ocasio-Cortez trying to build a new progressive movement. He reveals why he thinks Republicans are scared to speak up and what went wrong for...

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British plane parts ‘exempted from Trump tariffs’ as US trade deal progresses

Boost to £40bn UK aerospace industry as Rolls-Royce engines and aircraft parts reportedly excused by US commerce secretary British plane parts are set to be exempted from US import tariffs as part of the evolving trade...

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IMF warns of ‘major negative shock’ from Trump’s tariffs

Lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%Business live – latest updatesDonald Trump’s tariffs have unleashed a “major negative shock” into...

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Trump’s economic adviser dampens Starmer’s hopes of tariffs relief

It would take an ‘extraordinary deal’ for any country to improve on 10% rate, warns Kevin HassettTrump’s about-face on tariffs reveals chaos at the core of his presidencyBusiness live – latest updatesA...

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Trump threatens China with extra 50% tariffs if country fails to withdraw 34% retaliatory levies – US politics live

US president escalates trade war with China, saying all negotiations will be terminated and additional levies will take effect on WednesdayGlobal stock markets tumble over tariff ‘medicine’Wall Street falls continue...

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‘Hands Off’ protests take off across US to oppose Trump agenda – live

More than a thousand events expected in a show of defiance against US president’s ‘authoritarian overreach’Hundreds of protesters gathered in central London on Saturday as part of global demonstrations against...

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