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19234 articles published since 08 Mar 2022

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Bessent says 'no currency targets' in Japan tariff talks
Bessent says 'no currency targets' in Japan tariff talks
Economy

US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on tariffs, after repeated calls from President Donald Trump for a stronger yen. Bessent said Washington is looking at "tariffs, non-tariff trade barriers, currency manipulation and government subsidy of labor and fixed capital investment" in the negotiations with Japan.

Nintendo bullish on Switch 2 pre-sales in Japan
Nintendo bullish on Switch 2 pre-sales in Japan
Economy

Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. An X post attributed to company president Shuntaro Furukawa published Wednesday said there had been 2.2 million pre-order applications for the new console in Japan.

12 US states sue over Trump's tariffs
12 US states sue over Trump's tariffs
Economy

A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress. In the lawsuit filed Wednesday, the states argue that the 1977 law invoked by Trump does not allow him to use emergency measures to impose tariffs, a power constitutionally reserved for Congress.

Trump seeks 'fair deal' with China but pathway unclear
Trump seeks 'fair deal' with China but pathway unclear
Economy

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a "fair deal with China," adding that "everything's active" when asked if Washington was talking to Beijing.

Trump's popularity with US voters slumps in opinion polls
Trump's popularity with US voters slumps in opinion polls
Economy

US President Donald Trump's popularity has sunk since his riotous return to the White House, polls showed Wednesday, with Americans criticizing him on key issues of the economy and immigration. Results also show Americans losing confidence in Trump's ability to handle key issues such as the economy.

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