Browsing: US economy

Analysts warn that Section 899 of the “One Big Beautiful Bill”—Donald Trump’s proposed retaliatory tax on foreign entities—could deter investment by imposing a tax starting at 5 %, rising to 20 %, on companies from countries that levy “unfair” taxes on US entities.

What’s dominating the USA news headlines? Politics, politics, politics! Protests are sweeping the US – as are measles – with anti-Trump and anti-Musk protests expected in Florida today, there’s coverage of the US economy as fears of a recession start to climb and perhaps the biggest story for the US today is news that the US and Ukraine sign minerals deal in major breakthrough.

US and Ukraine sign mineral deal and the US economy shrinks – two of the international stories you’ll find on the UK newspaper front pages this morning – and you may be wondering why, especially when we have our own local elections taking place.

US political news always has an impact globally but the England local elections won’t be on the front pages of the newspapers today due to rules around media print before election polls open – don’t worry the results will be plastered all over the front pages tomorrow morning until then let’s look at what US political stories are making the UK front pages.

US news is today heavily domianted by politics, tariffs and stock markets. The US President has clarified that he has no plans to fire Fed boss Jermone Powell despite complaining about his performance via Twitter/X.

The President has also hinted he may reverse his trade tariffs on China as the IMF downgrades the global economy forecasts and warns of a US recession.

Jamie Dimon, the head of JPMorgan Chase – one of the world’s biggest banks – says the United States’ economy is facing “considerable turbulence”.

Joe Biden warns of the consequences of Donald Trump’s planned tariffs on imports from Mexico, Canada and China. He described the policy as a “catastrophe” for the US economy and spoke of a “big mistake”.

Inflation in the US rose slightly in October, halting recent progress in stabilising prices. According to the Labor Department, consumer prices increased by 2.6% over the past year, up from 2.4% in September, driven largely by higher housing and food costs.  

US economy grows despite persistent voter concerns The US economy grew at a solid 2.8% annual rate in the third…

UK shares dropped on Wednesday morning following falls in Asian and US markets as concerns grow about the US economy – which is the world’s largest.

Data showed US manufacturing activity remains subdued, with investors now focussed on US jobs figures due on Friday.

The US President got confused about the funding going towards a rail network between Las Vegas to Los Angeles rail.