BRIDGEWATER, New Jersey: President Donald Trump was expected to defend his handling of the US economy on Thursday (Aug 15) night in New Hampshire ...
BRIDGEWATER, New Jersey: President Donald Trump was expected to defend his handling of the US economy on Thursday night in New Hampshire as recession fears have suddenly cast doubt on his central claim for re-election that he has made the economy great again.
Some US Treasury yields have hit record lows and the stock market has plunged in recent days over fears of a recession, undermining Trump's claim that he has resuscitated the economy. Analysts believe his trade war with China is one of the factors interfering with growth. One view inside the White House is that the media is also to blame for overplaying the possibility of a downturn, which could end up encouraging consumers to slow spending, a source familiar with the discussions said.The US economy is the most closely watched indicator of a presidential election. Economic woes prompted voters to turn against Republican incumbent George H.W.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China signals retaliation against new US tariffs, saying they are violation of Trump-Xi accordBEIJING (BLOOMBERG) - China said that planned US tariffs on an additional US$300 billion (S$417 billion) in Chinese goods is a violation of accords reached by President Donald Trump and President Xi Jinping, signalling its intention to impose retaliatory measures.. Read more at straitstimes.com.
Read more »
China to counter latest US tariffs as Trump vows deal on US termsChina on Thursday vowed to counter the latest U.S. tariffs on US$300 billion of Chinese goods but called on the United States to meet it halfway ...
Read more »
US stocks rally after Trump delays key China tariffsNEW YORK: Wall Street stocks rallied on Tuesday (Aug 13) after President Donald Trump delayed tariffs on key Chinese goods, a shift from recent ...
Read more »
US SEC to consider new guidance on investor use of proxy advisorsThe U.S. Securities and Exchange Commission (SEC) on Tuesday said it would hold a meeting next week on whether to publish new guidance regarding ...
Read more »
Trump says US learning ‘much’ from Russian missile test blastWASHINGTON President Donald Trump said on Monday that the US is learning 'much' from a deadly blast during a Russian missile test that caused elevated radiation levels. 'The United States is learning much from the failed missile explosion in Russia. We have similar, though...
Read more »
13 US states sue over new rule to limit legal immigrationWASHINGTON (REUTERS) - A coalition of 13 US states sued President Donald Trump's administration on Wednesday (Aug 14), seeking to block a new rule that would drastically reduce legal immigration by denying visas to poor migrants.. Read more at straitstimes.com.
Read more »