Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
Category: United States
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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Tiny Love Stories: ‘The Cooler, Funnier Version of Myself’
Modern Love in miniature, featuring reader-submitted stories of no more than 100 words.
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The Fed Is Waiting and Watching an Uncertain Economy
Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at current levels.
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Record Debt in the World’s Richest Nations Threatens Global Growth
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
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U.S. Automakers’ Foreign Troubles Now Extend to Canada
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
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As Davos Convenes, Deference to Trump Has Replaced Everything
The traditional rhetoric of the World Economic Forum centered on global integration, climate change and international cooperation. Not anymore.
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Taiwan Strikes Trade Deal with Trump, Vows More U.S. Chip Factories
The United States agreed to lower tariffs on Taiwanese goods from 20 to 15 percent, while Taiwan says it will invest in more chip manufacturing in the U.S.
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Hesitant to Visit the U.S. for the World Cup? We Want to Hear From You.
International soccer fans face hurdles like travel bans, long visa delays and high ticket prices for U.S. matches. Will they be enough to keep you away?