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All programs are supported under the Commodity Credit Corporation, and the package does not require Congressional approval. It's as simple as that - and everybody's talking! "This trade war is cutting the legs out from under farmers, and White House's "plan" is to spend $12 billion on gold crutches", Mr.
  • 5 things to know about Tesla's China plans

    5 things to know about Tesla's China plans

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    Tesla did not immediately respond to a request for comment, but the company told Fortune in June that production numbers couldn't be faked because the figures are "updated in real-time on screens in the factory, plainly visible to anyone passing by".
  • Iran's oil minister has hit back at Trump over production demands

    Iran's oil minister has hit back at Trump over production demands

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    Crude-oil prices retreated early Friday and were on track to book a weekly loss for the first time in three weeks, a day after the USA benchmark contract suffered its lowest settlement in more than a week amid signs of rising production in Saudi Arabia and protracted trade tensions between the United States and China, according to monitored reports.
  • Mexico elections underway amid disgust with corruption, violence

    Mexico elections underway amid disgust with corruption, violence

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    Just like Valdes, Gabriela Olmos, born in Mexico City, is a former Mexican national who shares an optimistic hope that Obrador can mend relations between the US and her former homeland. Lopez Obrador has had a wide advantage in most polls over Meade, conservative candidate Ricardo Anaya of a right-left coalition and independent Jaime "El Bronco" Rodriguez.
  • Morgan Stanley lifts Brent oil forecast to $85, seeing undersupplied market

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    Mr Trump's interventions with tweets "unsettle" the market and appear to have pushed prices up, Standard Chartered Plc energy analyst Emily Ashford and head of commodities research Paul Horsnell wrote in a note Tuesday. The U.S. government plans to shut Iran's oil exports out of the market from November, demanding that all countries stop buying its oil. Looming U.S.
  • Trudeau visits Regina steel workers on Canada Day

    Trudeau visits Regina steel workers on Canada Day

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    Following his overwhelming majority win, Mexico's president-elect Andres Manuel Lopez Obrador said he supports reaching a deal on renegotiating NAFTA with the United States and Canada . These are all factors that point to a stalemate, said Moshe Lander, an economist at Concordia University. "I think we'll get through this". Trudeau had been working closely with Pena Nieto on NAFTA and spoke with him about the deal just ahead of the elections on Friday.
  • Canada seeks intensive NAFTA talks, even as Trump wants to wait

    Canada seeks intensive NAFTA talks, even as Trump wants to wait

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    Following his overwhelming majority win, Mexico's president-elect Andres Manuel Lopez Obrador said he supports reaching a deal on renegotiating NAFTA with the United States and Canada. Later in the day in Regina, Public Safety Minister Ralph Goodale said Canada's tariffs were created to offer a clear message that the Trump administration's trade action against Canada is "illegal and absurd" and that Canada is responding, dollar-for-dollar, in retaliation.
  • Tesla has met its Model 3 production goals

    Tesla has met its Model 3 production goals

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    CEO Elon Musk celebrated the milestone in an email to employees, praising the "mind-blowing" dedication and creativity required to resolve problems. The company said the new general assembly line was responsible for about 20 per cent of Model 3s produced last week. In the past, Tesla has said that it's been able to boost production by idling its factories for short periods of time to address bottlenecks and upgrade equipment.
  • Walgreens and CVS stocks plummet as Dr

    Walgreens and CVS stocks plummet as Dr

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    Amazon announced the deal early this morning. But all the companies said on Thursday was the deal was subject to some regulatory approvals and that the companies hope to close the transaction during the second half of this year. It is time for the prescription drug supply chain to accept reality: Amazon is serious about entering the pharmacy business . Acquiring PillPack's networks helps Amazon surmount those hurdles.
  • Trump warns Harley-Davidson: 'We won't forget'

    Trump warns Harley-Davidson: 'We won't forget'

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    Trump says on Twitter, "We won't forget, and neither will your customers or your now very HAPPY competitors!" The White House did not respond to a request for comment on Trump's tweet. "Our decision to move some of our operations is 100% based on President Trumps tariffs". Republican Rep. Jim Sensenbrenner, whose Wisconsin district includes Harley's plant in Menomonee Falls, said the European Union has a long history of abusive trade practices but urged Trump to address abuses without ...
  • US Dollar's

    US Dollar's "Safe Haven" Status at Risk from "Trade War" say ING

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    If they move, watch, it will be the beginning of the end - they surrendered, they quit! "I fought hard for them and ultimately they will not pay tariffs selling into the European Union ", U.S. Increasing foreign investment in the United States, something Walker was in Washington advocating for at a U.S. Department of Commerce event last week, will also help reduce the trade imbalance and need for tariffs , he said.
  • Harley-Davidson move prompted by steel tariff, EU retaliation, TPP

    Harley-Davidson move prompted by steel tariff, EU retaliation, TPP

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    President Donald Trump on Tuesday renewed his attacks on Harley-Davidson, accusing the motorcycle manufacturer of using the trade war as an "excuse" to move production for the European market out of the United States. The effect on Harley is staggering; duties have increased from 6% to 31%, which would raise the export cost of the average motorcycles by $2,200. Greg Cramer of York said he would hate to see American jobs lost, but said he realizes "It's a company - all they care about is ...
  • Erdogan won the Turkish election after an unequal battle, monitors say

    Erdogan won the Turkish election after an unequal battle, monitors say

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    Turkish President Recep Tayyip Erdogan is preparing to extend his rule and take on new powers after his victory in elections on Sunday. State media also reported on Sunday that Erdogan's AK Party holds 43 percent, while the opposition party holds 23 percent of the vote, with 96 percent of the total vote counted.
  • Amazon leaked Prime Day 2018 details

    Amazon leaked Prime Day 2018 details

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    The discounts offered are only offered to Prime customers, and so Amazon typically promotes the Prime membership as much as possible prior to Prime Day - at a lower price. Tony Singh, content and business development director for BT's consumer division , said: "BT TV gives our customers the flexibility they want to watch all their favourite shows - and of course all the sport - in one place and on one bill".
  • Iran to reject Saudi-Russia proposal to increase oil production

    Iran to reject Saudi-Russia proposal to increase oil production

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    Bailey, however, said he anticipates the level of production will likely hold, because oil giants like Saudi Arabia - the de facto leader of OPEC - don't want to see prices fall. Falih said the oil market had now rebalanced and his aim was to prevent a shortage of crude in future that could squeeze the market. The U.S. benchmark in May hit its highest level in three and half years, at $72.35 a barrel.