Economic Policies
Economic Policies | LATEST STORIES
Cleveland-Cliffs Stock Jumps as It Eyes Rare Earths Production
The company is North America’s largest automotive steel supplier and the only U.S. producer of electrical steel.
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World’s Most Advanced AI Chips Now Being Made in America Due to Trump’s Policies: Nvidia Chief
CEO Jensen Huang says President Donald Trump’s tariffs have speeded the return of high-end chipmaking to the United States.
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Chipmaker Nexperia’s China Arm Tells Staff to Ignore Dutch HQ, Deepening Semiconductor Split
The dispute over control of Nexperia is unfolding amid ongoing U.S.–China semiconductor supply chain tensions and export blacklists.
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Ley to Offer Tax Cuts, Limit $4.4 Billion of Red Tape in Economic Plan
Opposition leader outlines plan for low- and middle-income earners in major economic address in Sydney.
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JPMorgan, Goldman Sachs Navigate China Market Amid Rising Tensions
Experts caution that abrupt political changes remain the greatest threat to foreign bank operations in China.
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Automakers Face $10 Billion Tariff Bill on Canadian, Mexican Imports So Far This Year
The estimate from Anderson Economic Group comes as Stellantis shifts production to U.S. plants, suggesting tariffs may already be reshaping manufacturing plans.
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Trump Imposes 25 Percent Tariffs on Imports of Medium- and Heavy-Duty Trucks Starting Nov. 1
New analysis suggests automakers are facing billions in tariff costs.
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Bessent to Hold Bilateral Talks With Chinese Delegation in Malaysia
Trump says the United States is in a ’strong position' in trade negotiations with China.
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US Regulators End Climate Oversight Framework for Big Banks
The agencies are scrapping the 2023 climate guidance after government officials said that regulation should focus on core financial risks, not climate policies.
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Trump’s Tariffs Helped Spur $300 Million Whirlpool Expansion, CEO Says
Whirlpool is pouring $300 million into Ohio plants, with its CEO crediting the Trump administration’s tariff policies for making domestic investment attractive.
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US Doubles Argentina Aid to $40 Billion With Peso Purchases, Private Debt Facility
Treasury Secretary Scott Bessent said U.S. aid would be policy-specific and determined by the results of Argentina’s upcoming midterm election.
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Trump Says He Plans to Attend Tariff Policy Appeal at Supreme Court
If the federal government loses the case, the United States will be a ‘financial mess for many, many years to come,’ the president told reporters.
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US May Decouple From China If Rare Earths Dispute Persists: Bessent
The Treasury chief said Beijing’s rare earth export curbs are testing the world’s tolerance.
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Shadow Treasurer Says Super Tax Backflip a ‘Victory’ for Everyday Australians
The new superannuation tax plan will need to pass the Senate.
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How New Tariffs on Lumber, Furniture May Affect US Consumers, Industries
The American lumber industry and cabinet makers see the tariffs as a necessary move to stall foreign competitors, while others are concerned about rising costs.
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Shutdown Starting to Harm Economy, Says Treasury Secretary
He said that a ‘dirty secret’ is that some media outlets have been downplaying the shutdown’s impact on the economy.
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Government Backs Down, Drops Plan to Tax Unrealised Super Gains
The treasurer has unveiled a $10 million super tax tier, indexation, and will delay the start to July 2026.
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New US Sanctions on Sinopec Terminal Unlikely to Stop Flow of Iran–China Oil: Analysts
While China is looking for alternative routes, U.S. sanctions on ports, shipowners, and refiners aim to squeeze Iran’s export volumes to China, analysts said.
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Analysts Anticipate Escalating Tensions as Beijing Imposes Rare Earth Controls, Washington Retaliates
‘It is impossible to believe that China would have taken such an action, but they have,’ U.S. President Trump wrote on Truth Social.
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Moody’s Says 22 States Are Already in Recession Despite Strong Overall GDP
Moody’s said debt, slowing wage growth, and fading job creation are squeezing lower- and middle-income households despite strong headline numbers.
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Cleveland-Cliffs Stock Jumps as It Eyes Rare Earths Production
The company is North America’s largest automotive steel supplier and the only U.S. producer of electrical steel.
|
World’s Most Advanced AI Chips Now Being Made in America Due to Trump’s Policies: Nvidia Chief
CEO Jensen Huang says President Donald Trump’s tariffs have speeded the return of high-end chipmaking to the United States.
|
Chipmaker Nexperia’s China Arm Tells Staff to Ignore Dutch HQ, Deepening Semiconductor Split
The dispute over control of Nexperia is unfolding amid ongoing U.S.–China semiconductor supply chain tensions and export blacklists.
|
Ley to Offer Tax Cuts, Limit $4.4 Billion of Red Tape in Economic Plan
Opposition leader outlines plan for low- and middle-income earners in major economic address in Sydney.
|
JPMorgan, Goldman Sachs Navigate China Market Amid Rising Tensions
Experts caution that abrupt political changes remain the greatest threat to foreign bank operations in China.
|
Automakers Face $10 Billion Tariff Bill on Canadian, Mexican Imports So Far This Year
The estimate from Anderson Economic Group comes as Stellantis shifts production to U.S. plants, suggesting tariffs may already be reshaping manufacturing plans.
|
Trump Imposes 25 Percent Tariffs on Imports of Medium- and Heavy-Duty Trucks Starting Nov. 1
New analysis suggests automakers are facing billions in tariff costs.
|
Bessent to Hold Bilateral Talks With Chinese Delegation in Malaysia
Trump says the United States is in a ’strong position' in trade negotiations with China.
|
US Regulators End Climate Oversight Framework for Big Banks
The agencies are scrapping the 2023 climate guidance after government officials said that regulation should focus on core financial risks, not climate policies.
|
Trump’s Tariffs Helped Spur $300 Million Whirlpool Expansion, CEO Says
Whirlpool is pouring $300 million into Ohio plants, with its CEO crediting the Trump administration’s tariff policies for making domestic investment attractive.
|
US Doubles Argentina Aid to $40 Billion With Peso Purchases, Private Debt Facility
Treasury Secretary Scott Bessent said U.S. aid would be policy-specific and determined by the results of Argentina’s upcoming midterm election.
|
Trump Says He Plans to Attend Tariff Policy Appeal at Supreme Court
If the federal government loses the case, the United States will be a ‘financial mess for many, many years to come,’ the president told reporters.
|
US May Decouple From China If Rare Earths Dispute Persists: Bessent
The Treasury chief said Beijing’s rare earth export curbs are testing the world’s tolerance.
|
Shadow Treasurer Says Super Tax Backflip a ‘Victory’ for Everyday Australians
The new superannuation tax plan will need to pass the Senate.
|
How New Tariffs on Lumber, Furniture May Affect US Consumers, Industries
The American lumber industry and cabinet makers see the tariffs as a necessary move to stall foreign competitors, while others are concerned about rising costs.
|
Shutdown Starting to Harm Economy, Says Treasury Secretary
He said that a ‘dirty secret’ is that some media outlets have been downplaying the shutdown’s impact on the economy.
|
Government Backs Down, Drops Plan to Tax Unrealised Super Gains
The treasurer has unveiled a $10 million super tax tier, indexation, and will delay the start to July 2026.
|
New US Sanctions on Sinopec Terminal Unlikely to Stop Flow of Iran–China Oil: Analysts
While China is looking for alternative routes, U.S. sanctions on ports, shipowners, and refiners aim to squeeze Iran’s export volumes to China, analysts said.
|
Analysts Anticipate Escalating Tensions as Beijing Imposes Rare Earth Controls, Washington Retaliates
‘It is impossible to believe that China would have taken such an action, but they have,’ U.S. President Trump wrote on Truth Social.
|
Moody’s Says 22 States Are Already in Recession Despite Strong Overall GDP
Moody’s said debt, slowing wage growth, and fading job creation are squeezing lower- and middle-income households despite strong headline numbers.
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