COVID-19 truck blockade in Canada leads to auto plant shutdowns
The blocked bridge carries 25% of all trade between the two countries, and Canadian authorities expressed increasing worry about the economic effects.
The blocked bridge carries 25% of all trade between the two countries, and Canadian authorities expressed increasing worry about the economic effects.
U.S. Trade Representative Katherine Tai said the agreement with Japan, along with a separate deal last year on steel with the European Union, will put them in a better place to compete against China, the world’s second largest economy.
For Beijing, these Olympics are a confirmation of its status as world player and power. But for many outside China, particularly in the West, they have become a confirmation of the country’s increasingly authoritarian turn.
The October deficit was the smallest monthly deficit since a $66.2 billion imbalance in April.
Members from the Qatari commercial attache’s office met with Gov. Eric Holcomb, Secretary of Commerce Brad Chambers and more than 30 Indiana-based companies on Tuesday.
U.S. officials say China’s ambitions in artificial intelligence and a range of advanced technologies could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America.
The Financial Stability Oversight Council, which is headed by Treasury Secretary Janet Yellen and includes Federal Reserve Chairman Jerome Powell, acknowledged in a report that climate change is a serious economic threat.
The dispute at the U.S.-Canada border is threatening America’s supply of Alaska pollock, a key fish used for popular products such as fish sticks. Most fast-food fish sandwiches, including the McDonald’s Filet-O-Fish, are made from pollock.
Each country that signed the deal must pass legislation to enact the measure, which is aimed at limiting corporations’ ability to lower their tax bills by shifting profits to the lowest-tax jurisdictions globally.
U.S officials allege that China’s Ministry of State Security has been using criminal contract hackers who have engaged in cyber extortion schemes and theft for their own profit, officials said.
The agreement announced Thursday is an attempt to address challenges presented by a globalized and increasingly digital world economy in which profits can be relocated across borders.
Indiana’s delegation is scheduled to leave Indianapolis on Monday, July 5, and return Friday, July 9.
The U.S. move is a potential hurdle for President Joe Biden’s ambition to promote solar power. Hoshine is one of the biggest global suppliers of polysilicon, a material used to make solar panels.
The downgrade means that U.S. airlines won’t be able to sell tickets on flights operated by Mexican airlines, a setback that will mainly hit Delta Air Lines, which has a partnership with Aeromexico.
Gov. Eric Holcomb cited business and cultural ties between Indiana and Israel for making the trip.
Competition to cut corporate tax rates has been “undermining the United States’ and other countries’ ability to raise the revenue needed to make critical investments,’’ the Treasury said in a statement
The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast.
U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to offset any disadvantages that might arise from the Biden administration’s proposed increase in the U.S. corporate tax rate.
Goods entering the U.S.—ranging from Austrian grand pianos and British merry-go-rounds to Turkish Kilim rugs and Italian anchovies—could face tariffs of as much as 25% annually.
Main Street businesses are now forced to wait months instead of the usual weeks for a delivery from China, and no one knows when the situation will be resolved.