China’s trade surplus tops USD 1 Trillion as AI exports offset weak domestic demand
China's USD 1.04 trillion surplus reached a month earlier than 2025 as semiconductor shipments jump 111%...
Tag : Donald Trump
Honda reverses North American expansion stance with USD 3 billion Ohio plant
Honda's Ohio hybrid project, expected to begin operations in 2029, will create around 2,000 jobs and add annual production capacity of 240,000 vehicles...
Audi’s US expansion: German automaker secures tax incentives, grants for USD 4 billion Georgia plant
Audi announced plans on October 25 to build its first US assembly plant in Georgia, that will produce 200,000 SUVs annually and employ 4,500 workers....
US to suspend South Africa, Rwanda from AGOA trade programme from 2027
The African nations would lose their eligibility under the AGOA over concerns like human rights, corruption, trade barriers and threats to 'US interests'...
Keystone XL pipeline gets another lifeline as US, Canada seek ‘new trade deal’
Former US President Joe Biden revoked a key permit for Keystone XL in 2021, effectively bringing the privately backed initiative to an end...
Midterms 2026: US GDP grows 3.4%, but inflation keeps pressure on economy
The PCE inflation accelerated to 3.6% in September from 3.4% in August, highlighting the persistence of price pressures across the US economy...
Fed holds interest rates at 3.75%-4% as inflation risks persist ahead of US midterms
The Federal Open Market Committee voted 10-2 to maintain rates, delaying further adjustments to borrowing costs despite stronger-than-expected inflation...
Canada, UAE sign trade deal as Ottawa presses Washington to ease tariffs
Canada and the UAE aim to eliminate tariffs on more than 99% of Canadian exports, while Ottawa pursues relief from US duties on steel and automobiles...
US midterms: ‘Republicans may paint Democrats as a greater risk’
Tim Duy, author of 'Tim Duy’s Fed Watch', on the approach the Fed will take in its upcoming meeting, and impact of Iran war on the world's largest economy...
Trump eases Canadian tariffs, repairs ties with Bombardier ahead of US midterms
While the North American majors have remained locked in a trade dispute since August, backchannel talks are underway as well, to restore normalcy...