White House economic adviser Larry Kudlow on Tuesday indicated President Donald Trump may announce specific ramifications for General Motors Co’s plans to cut thousands of jobs and potentially close some of its North America plants.
U.S. President Donald Trump is open to a trade deal with China but is prepared to hike tariffs on Chinese imports if there is no breakthrough on longstanding trade irritants during a Saturday night dinner with Chinese leader Xi Jinping, White House economic adviser Larry Kudlow said on Tuesday.
U.S. President Donald Trump said the White House is looking at cutting subsidies for General Motors Co after the largest U.S. automaker said it would close four plants in the United States and layoff thousands of workers.
White House economic adviser Larry Kudlow on Tuesday indicated President Donald Trump may in the future announce specific ramifications for General Motors’ plans to potentially close some of its North America plants and cut thousands of jobs.
White House economic adviser Larry Kudlow said on Tuesday that U.S. President Donald Trump will have a dinner meeting with Chinese President Xi Jinping at the upcoming G20 gathering in Argentina and also held open the possibility that the two countries would reach a trade deal.
U.S. stocks dipped in choppy trading on Tuesday after President Donald Trump’s threat to move ahead with additional tariffs on Chinese goods weighed on industrial stocks.
More than 165 million U.S. shoppers made purchases over the five-day Thanksgiving weekend, the National Retail Federation said on Tuesday, beating the industry group’s expectations this year but lower than last year.
Milan prosecutors have wrapped up their probe into alleged tax evasion of around 1 billion euros ($1.13 billion) by fashion group Gucci, paving the way for a formal request for a trial, a judicial source said on Tuesday.
The U.S. Environmental Protection Agency (EPA) has rejected requests from the corn lobby to reallocate biofuel volumes waived under its small refinery exemption program into its 2019 mandate, an agency official told Reuters on Tuesday.
U.S. President Donald Trump is prepared to hike tariffs on Chinese imports if there is no breakthrough on longstanding trade irritants during a Saturday night dinner with Chinese leader Xi Jinping, White House economic adviser Larry Kudlow said on Tuesday.
Oil prices fell more than 1 percent on Tuesday, in conjunction with sagging stock markets after U.S. President Donald Trump threatened more tariffs on Chinese imports ahead of the coming G20 summit.
As store sales fall and purchases shift online over the Thanksgiving weekend, most U.S. retailers have boosted their web offerings but many still overlook the sales impact from opening their doors on Thursday evening.
Tesla Inc’s vehicle sales in China sank 70 percent last month from a year ago, the country’s passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker.
U.S. stocks were flat on Tuesday as technology shares recovered from their session lows, helping calm nerves that were triggered by President Donald Trump’s latest tariff threat.
A federal appeals court on Tuesday revived for a second time a 11-year-old defamation lawsuit by bedding retailer Mattress Firm Inc against adjustable bed maker Sleep Number Corp .
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