Author: Dmedia

Washington is bracing for the start of a possible trade war between the United States and its closest allies and biggest commercial partners and a radical departure from America's trading posture of the last seven decades. VOA's Michael Bowman reports, the Trump administration is not…

China has added its voice to a growing chorus of concern about the rising threat of a trade war and tariffs that U.S. President Donald Trump is expected to impose on steel and aluminum imports later this week.   A top Chinese diplomat says that…

The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six percent on revenues in every country where they operate, French finance minister Bruno Le Maire said Sunday. "The range will be…

President Donald Trump threatened on Saturday to impose a tax on European cars if the European Union chooses to retaliate against his plans to place tariffs on imported steel and aluminum. In a tweet Saturday morning, Trump said the U.S. had an "$800 Billion Dollar…

The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy. The Pacific island nation said it became the first country in the world to recognize a cryptocurrency as its legal tender…

In agitating for a trade war, President Donald Trump may have forgotten William Tecumseh Sherman’s adage that “war is hell.” The Civil War general’s observation can be apt for trade wars, which may create conditions for a shooting war. A look at Trump’s spoiling-for-a-fight tweet…

China has warned about the “huge impact” on global trading, if U.S. President Donald Trump proceeds with his plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum products. Wang Hejun, head of China’s commerce ministry’s trade remedy and investigation…

U.S. President Donald Trump’s threat to impose steep tariffs on steel and aluminum imports sparked concerns of a trade war Friday, with emerging markets trading lower and some world leaders threatening to take retaliatory measures. Japan’s Nikkei share average fell to a more than two-week…

Australia’s corporate watchdog is taking mining giant Rio Tinto and two former executives to court over the global miner’s “misleading and deceptive conduct” in reporting the coal reserves of a Mozambique mine purchased for $4 billion. The Australian Securities and Investments Commission (ASIC) launched the…

When refugees arrive in a new country, they bring little to no material possessions. But many bring something more valuable: their talent and skills.  Twenty refugee women and asylum-seekers from different parts of the world recently came together at a pop-up store in Phoenix, Arizona,…

When refugees arrive in a new country, they bring little to no material possessions. But many bring something more valuable: their talent and skills.  Twenty refugee women and asylum-seekers from different parts of the world recently came together at a pop-up store in Phoenix, Arizona,…

U.S. stocks sank in another dizzying day of trading Thursday after U.S. President Donald Trump promised stiff tariffs on imported steel and aluminum, worrying investors about possible retaliation by other countries. The Dow Jones industrial average fell 420.22 points, or 1.68 percent, to 24,608.98, the S&P…

President Donald Trump announced Thursday the United States will impose steep tariffs on steel and aluminum imports. Trump said tariffs of 25 percent on steel and 10 percent on aluminum imports will be in effect for a long period of time. He said the measure…

A company’s value is often tied to the message it portrays to customers. But what happens when other companies try to take advantage of your brand? Take the Philadelphia Eagles, for instance. The American football team wants to exclusively own the phrase: "Philly Special.” That…

Two major U.S. retailers changed their gun sales policies Wednesday in the fallout over a Florida high school massacre. Walmart, the country's biggest retailer, announced it is raising the age restriction for buying guns and ammunition to 21. “We take seriously our obligation to be…