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Trump's tariffs have launched global trade wars. Here's a timeline of how we got here

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NEW YORK — NEW YORK (AP) — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty. Trump is no stranger to tariffs. He launched a trade war during his first term, taking particular aim at China by putting […]

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Bank of England cuts main interest rate by 0.25% to 4.25% in face of US tariff uncertainty

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LONDON — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration. The decision Thursday was widely expected, though there was an array of opinion on the nine-member Monetary

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Toyota reports booming sales but stays cautious on profit because of various costs

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TOKYO — Japan’s top automaker Toyota reported record sales for the fiscal year through March on Thursday, but its profit for the latest quarter faltered partly because of a certification scandal. Toyota Motor Corp.’s January-March net profit totaled 664.6 billion yen ($4.6 billion), down from 997.6 billion yen the same period a year ago. Quarterly

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How a Chinese delicacy got caught in the crossfire of Trump's trade war

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SUQUAMISH, Wash. — For over two decades, Suquamish tribal member Joshua George has dived into the emerald waters of the Salish Sea looking for an unusually phallic clam that’s coveted thousands of miles away. George is a geoduck diver. Pronounced “gooey-duck,” the world’s largest burrowing clam has been harvested in tidelands by George’s Indigenous ancestors

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Missouri poised to become first U.S. state to exempt stock sale profits from income taxes

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JEFFERSON CITY, Mo. — Investors who profit from selling stocks, real estate and other assets soon could reap an even larger benefit in Missouri, which is poised to become the first U.S. state to exempt capital gains from its income tax. Legislation that won final approval Wednesday would halt the capital gains tax this year

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Moderna study shows immune response in older adults for a combo flu and COVID-19 shot

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A combination shot for flu and COVID-19 using messenger RNA generated antibodies in a study, but U.S. government regulators want to see data on whether the new vaccine protects people from getting sick. Researchers from vaccine-maker Moderna reported in a study published Wednesday that the new combo shot generated a stronger immune response against COVID-19

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Edmunds: Five great budget performance cars for under $35,000

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New car prices continue to rise for the latest high-performance sports cars. Even a new Chevrolet Corvette, long considered a performance bargain compared to the likes of the Porsche 911, has a starting price of almost $70,000. But that doesn’t mean driving enthusiasts on a budget can’t find a car that’s both fulfilling to drive

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Less farmland is going for organic crops as costs and other issues take root

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SKANEATELES, N.Y. — Farmer Jeremy Brown taps the nose of a young calf. “I love the ones with the pink noses,” he says. This pink-nosed animal is just one of about 3,200 cattle at Twin Birch Dairy in Skaneateles, New York. In Brown’s eyes, the cows on the farm aren’t just workers: “They’re the boss,

Less farmland is going for organic crops as costs and other issues take root Read More »

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China rolls out more stimulus and agrees to trade talks with the US as tariffs hit economy

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BEIJING — China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements

China rolls out more stimulus and agrees to trade talks with the US as tariffs hit economy Read More »

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