U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23

The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world’s two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as…

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Uncle Sam Should Put Consumers First in Its AT&T Appeal

Antitrust officials from the U.S. Justice Department say the judge that ruled in favor of AT&T Inc.’s takeover of Time Warner ignored economic theory and common sense. But what the judge needed from them was something more concrete.  On Monday, the government’s attorneys filed their opening brief to appeal U.S District Judge Richard Leon’s June decision,…

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Turkish lira rebounds as Indian rupee hits record low

Fears over emerging markets currencies ease slightly amid financial crisis in Turkey The Turkish lira recovered some of its losses on Tuesday morning as Indias national currency became the latest focus of investors concerns over the strength of emerging economies. With investors fretting that Turkeys currency woes will spread, the…

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to…

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to…

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