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How Trump’s tariffs could spark a trade war and ‘Europe’s worst ...
Nov 20, 2024 · The prospect of a trade war ignited by the Trump administration is looming over European capitals. The European Union - which counts the United States as its largest export market and one of its closest strategic allies - could be among those hardest hit if President-elect Donald Trump follows through on his tariff plans.
Fact check: Trump’s gusher of misleading economic statistics at …
3 days ago · “It was the highest inflation, probably in the history of our country.” False. Inflation peaked at 9 percent in June 2022, while annual inflation was 7 percent in 2021, 6.5 percent in 2022 and 3.4 percent in 2023.
Is this AOC’s moment? - eu.detroitnews.com
Jan 9, 2025 · In the vote for who should lead the Oversight Committee, 131 of 215 House Democrats backed her opponent, Rep. Gerry Connolly (D-Virginia), a well-liked 74-year-old in his eighth term who is battling esophageal cancer, even as the party has been clamoring for a new generation of leaders.The result underscored the work …
Trump calls for ceasefire in Ukraine, says US withdrawal from …
Dec 8, 2024 · Washington – Donald Trump on Sunday pushed Russian leader Vladimir Putin to act to reach an immediate ceasefire with Ukraine, describing it as part of his active efforts as president-elect to end the war despite being weeks from taking office. “Zelensky and Ukraine would like to make a deal," Trump wrote on social media, referring to Ukraine's president, Volodymyr Zelenskyy.
The U.S. won’t meet its renewable goals. Here’s why
5 days ago · For years, renewable energy proponents have hoped to build a U.S. electric grid powered by wind, solar, geothermal and — to a lesser extent — nuclear power, with carbon-free energy surging into homes and businesses across the country. When President Joe Biden signed the Inflation Reduction Act ...
Inflation-weary consumers likely to see more with new Trump tariffs
Nov 29, 2024 · The blowback for consumers could be significant at a time when households are already reeling from years of rising prices. Even though inflation has moved closer to normal levels lately, spikes in the wake of the pandemic pushed up the cost of new cars, groceries, utilities and housing by at least 20% in four years, outstripping pay increases in the same period.
Michigan’s top elections official fought for democracy. Then …
Nov 7, 2024 · Detroit — Jocelyn Benson, Michigan’s secretary of state, had just concluded an election night news conference at Ford Field extolling the virtues of the vote when she learned that Donald Trump might be on his way to reclaiming the presidency.. She had worked relentlessly all year, and all of that long final day and night, trying to ensure that citizens in her state experienced a calm, safe ...
Are economic 'storms' on the horizon? Five things to follow in 2025
Dec 31, 2024 · 1. Tariffs. Trump’s plans to impose sweeping tariffs will probably be one of the biggest threats to the economy, experts say. The president-elect has vowed to penalize the country’s largest trading partners by levying tariffs - an extra 10 percent on Chinese goods and 25 percent on imports from Mexico and Canada - that economists say could quickly raise prices.
Opinion: Why Detroit is hitting ‘pause’ on electric vehicles
Aug 27, 2024 · The world’s biggest carmakers are in disarray over their plans to produce electric vehicles. From Ford to General Motors to Mercedes, one car company after another has announced delays, cancellations and billion-dollar write-downs due to their sputtering EV efforts.