Articles

  • 1 week ago | miamiherald.com | Jeanna Smialek |NYT Business

    BRUSSELS -- The Trump administration’s threat to impose 50% tariffs on the European Union and steep tariffs of varying sizes on other critical American trading partners hung in limbo Thursday after a panel of U.S. federal judges blocked a set of across-the-board charges. But both trade experts and America’s trading partners around the world greeted the news with caution, not celebration.

  • 1 week ago | miamiherald.com | Colby Smith |NYT Business

    Before the Federal Reserve’s meeting this month, investors were still holding out hope that the central bank would soon restart the interest rate cuts that it put on pause in January. But minutes from that gathering underscore how wedded officials were to their wait-and-see approach amid extreme uncertainty about the economic outlook.

  • 1 week ago | miamiherald.com | River Akira Davis |Hisako Ueno |NYT Business

    Japan has joined a growing list of nations, including Spain and Canada, that are assembling aid plans to help blunt the domestic impact of President Donald Trump’s tariffs. On Tuesday, Japan approved a $6.3 billion spending package to “fully support” businesses and households adversely affected by the tariffs, Cabinet Secretary Yoshimasa Hayashi said in a briefing. The funds will bolster the finances of small and medium-sized businesses and subsidize household energy costs, he said.

  • 1 week ago | miamiherald.com | Ivan Penn |NYT Business

    BURBANK, Calif. — More than a century before Tesla rolled out its first cars, the Baker Electric Coupe and the Riker Electric Roadster rumbled down American streets. Battery-powered cars were so popular that, for a time, about a third of New York’s taxis were electric. But those early electric vehicles began to lose ground to a new class of cars, like the Ford Model T, that were cheaper and could more easily be refueled by new oil-based fuels that were becoming available around the country.

  • 2 weeks ago | miamiherald.com | Tripp Mickle |NYT Business

    SAN FRANCISCO -- President Donald Trump went on the offensive against Apple on Friday, demanding that the company begin making iPhones in the United States or pay tariffs of at least 25% on iPhones made abroad. The ultimatum is the latest in a decade-long push to get the technology giant to move its supply chain.

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