U.S. Trade Deficit Hit Record in 2024 as Imports Surged
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The U.S. trade deficit in goods hit a record last year, as American consumers snapped up imported products and a strong U.S. dollar weighed on export growth. Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services…

From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
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From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs target countries that are major suppliers of a wide range of goods to the United States. For American families, the likely result is higher prices nearly everywhere they turn — in grocery aisles, car dealerships, electronics stores and at the…

Here’s What to Know About Trump’s Tariffs
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Here’s What to Know About Trump’s Tariffs

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that risks unleashing a damaging trade war. Trade wars were a feature of Mr. Trump’s first term in the White House, too. But his…

Trump Will Hit Mexico, Canada and China With Tariffs
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Trump Will Hit Mexico, Canada and China With Tariffs

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump plans to impose stiff tariffs on Mexico, Canada and China on Saturday, a move aimed at pressuring America’s largest trading partners into accepting more migrants and halting the flow of migrants and drugs into the United States. Mr. Trump will put…

U.S. Economy Grew 2.3 Percent in Fourth Quarter
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U.S. Economy Grew 2.3 Percent in Fourth Quarter

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new presidential administration — that is full of uncertainty. U.S. gross domestic product, adjusted for inflation, grew at…

What to Watch at the Federal Reserve’s First Meeting of 2025
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What to Watch at the Federal Reserve’s First Meeting of 2025

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest economy is faring. After lowering interest rates by a full percentage point last year…

Opinion | China Will Be Thrilled if Trump Kills America’s Green Economy
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Opinion | China Will Be Thrilled if Trump Kills America’s Green Economy

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In its heyday in the mid-20th century, the steel mill in Weirton, W.Va., employed 13,000 people and offered workers a relatively stable blue-collar life. In 2003, Weirton Steel filed for bankruptcy. Shops downtown boarded up their windows, and young people moved away from…

Support for Trump’s Policies Exceeds Support for Trump
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Support for Trump’s Policies Exceeds Support for Trump

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Many Americans who otherwise dislike President-elect Donald J. Trump share his bleak assessment of the country’s problems and support some of his most contentious prescriptions to fix them, according to a new poll from The New York Times and Ipsos. A little more…