Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
U.S. railroad strike averted
Biden calls deal a 'win for America;' strike's impact would have reached up into Canada
Reading Time: 4 minutes Updated | Washington | Reuters — Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond. Biden called the deal a “big win for […] Read more
White House not ruling out a U.S. carbon tax
Option 'not off the table' despite Manchin comment
Reading Time: 3 minutes Washington | Reuters –– The White House on Tuesday said it has not ruled out a carbon tax as a possible option for fighting climate change, even though U.S. Senator Joe Manchin, a critical holdout in the closely divided Senate, said he was not discussing the topic in talks about U.S. spending and infrastructure bills. […] Read more
A message from April Stewart, Country Guide's Associate Editor
