After Trump Spares Apple, Other Businesses Want a Tariffs Break
Retail executives huddled with the president amid fears that tariffs could result in higher prices.
Retail executives huddled with the president amid fears that tariffs could result in higher prices.
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the city of Rome.
insta_photos/ShutterstockThe world is facing a “silver tsunami” – an unprecedented ageing of the global workforce. By 2030, more than half of the labour force in many EU countries will be aged 50 or above.
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.
Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.
In Washington, President Trump lavished praise on Prime Minister Giorgia Meloni of Italy. He also accepted her invitation to visit Rome.
Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment and financial stability.