Markets await the presidential debate in the United States between Trump and Biden, scheduled for Tuesday, September 29. The debate will occur on Tuesday night and Wednesday morning for European time, meaning we may not feel the market affected until later on Wednesday. FT’s polls indicate Biden is on track …
Read More »Trump Raises Prospect of “Decoupling” US Economy From China
US President Donald Trump raised the idea of the US economy decoupling from the Chinese economy, indicating that the United States will not lose money if business activities between the two countries ceased. “decoupling, it’s an interesting word,” Trump told during a news conference at the White House. “We will …
Read More »Kudlow: Trump Administration is “Satisfied” With China’s Implementation
White House economic adviser Larry Kudlow said Trump administration officials are convinced that China is implementing a “phase 1” trade agreement with the United States, following a high-level phone call to review progress. He added that US Trade Representative Robert Lighthizer is “satisfied” that China has so far implemented the …
Read More »Trump Could Intervene to Help Airlines
The President of the United States, Donald Trump, is considering to issue an executive order to prevent layoffs at airline companies, Reuters reported. Congress is yet to pass a new COVID-19 stimulus package. “If Congress is not going to work, this president is going to get to work and solve …
Read More »Trump Adviser Kellyanne Conway to Resign
Kellyanne Conway, a senior adviser to President Trump, will leave the White house at the end of the month. Conway, whose title is counselor to the president, has resigned citing the need to focus on her family, according to The Washinton Post.
Read More »Court Dismisses Lawsuit by Trump to Protect Tax Returns
A lawsuit by the President of the United States, Donald Trump, to block the enforcement of the release of tax records has been dismissed by a court ruling on Thursday. The verdict was built on the logic that the case could provide undue expansion of presidential immunity, Reuters reported. Trump …
Read More »Trump Postpones Trade Talks With China
US President Donald Trump said on Tuesday that he has postponed trade talks with China, adding that he does not want to talk to China at this time. Asked if he would withdraw from the trade deal with China, Trump said he would look into the matter. On Saturday, representatives …
Read More »Trump Vows to Create 10 M New Jobs
The President of the United States, Donald Trump, has pledged on Monday to create 10 million jobs in 10 months, Reuters reported. “We will create tax credits for companies that bring jobs form China back to America,” Trump said during a campaign event.
Read More »U.S. Satisfied With Progress on Trade Deal with China
The Trump administration is satisfied with the progress made in applying the first phase of the trade deal between the United States and China, according to White House economic adviser Larry Kudlow. Kudlow, the Director of the National Economic Council, told Fox News on Thursday that the U.S. Trade Representative, …
Read More »Trump Says Considering Cutting Capital Gains Tax
US President Donald Trump said he is considering reducing the capital gains tax in the United States, as well as reducing income taxes for middle-income families to help the US economy recover from the economic repercussions of the Coronavirus. “We’re … also considering a capital gains tax cut, which would …
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