Trump

A US State Department Official confirmed to AFP that the possibility of restricting access to the Fed account was "raised" with Iraq following the vote. "You can imagine why, if troops were expelled, banks might be nervous about sending lots of ... cash to Baghdad," this official said. … [Read more...] about Iraq warns of ‘collapse’ if Trump blocks oil cash account at the Fed

Trump’s budget forecasts US$4.6 trillion in deficit reduction over 10 years and assumes economic growth at an annual rate of roughly 3% for years to come. Trump officials say the figures were based on an assumption that Trump’s policies would be enacted. … [Read more...] about Despite US$1 trillion deficits, Trump tax cuts will still ‘pay for themselves’ – Mnuchin

"I think we're very close. I think there's a good chance that we'll have a deal and we'll see," Trump said, more than 18 years after the US invaded to overthrow the then Taliban government in the wake of the September 11 attacks. … [Read more...] about US announces partial Taliban truce, Trump says peace deal ‘close’

And just as he is about to face an impeachment trial in the US Senate, Trump will be able to crow about a victory with his "phase one" agreement that includes pledges from China to beef up purchases of American crops and products, at least in the short term. … [Read more...] about US, China set to sign vital trade truce

The WTO in October had awarded Washington the right to impose tariffs on US$7.5 billion of annual EU imports in its case against Airbus. Washington then slapped 10% tariffs on most European-made Airbus jets and 25% duties on products ranging from cheese to olives and single-malt whisky, from Oct. 18. … [Read more...] about U.S. raises tariffs on European aircraft in ongoing dispute over subsidies