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Economy

US employers add 151,000 jobs; unemployment up to 4.1%

WASHINGTON —  U.S. employers added a solid 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, trims the federal workforce and promises to deport millions of immigrants. The Labor Department reported Friday…

China criticizes Trump tariffs, threatens possible retaliation

TAIPEI, TAIWAN —  Chinese Foreign Minister Wang Yi on Friday criticized the United States for imposing tariffs on Chinese imports and vowed to “resolutely retaliate” if Washington continues to increase pressure on Beijing. Speaking to local and foreign media outlets…

Trump to host White House crypto summit

WASHINGTON —  U.S. President Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy — and where the Republican president faces conflict of interest concerns. The…

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey toward possible mainstream acceptance. Under Trump’s new order, the U.S. government will retain the estimated 200,000 bitcoin it’s already…

US, Canadian leaders discuss trade amid new US tariffs

Top diplomats from the United States and Canada held talks Wednesday that included discussion of trade, while U.S. President Donald Trump delayed a new 25% tariff on vehicle imports from Canada and Mexico for a month. The U.S. State Department…

China has ample policy room to deal with economic risks, finance minister says

BEIJING —  China’s finance minister on Thursday left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week, in the event the tariff-hit economy veers off its track towards its roughly…

Trump to impose new 25% tariffs on Mexico, Canada

WASHINGTON —  The United States imposed new 25% tariffs Tuesday on exports from its two biggest trading partners, Mexico and Canada, ignoring evidence that the neighboring countries curtailed illegal migration and the flow of illicit drugs into the U.S. as…

New US tariffs on Canada, Mexico could be eased, commerce chief says

U.S. President Donald Trump is planning to impose new tariffs Tuesday on Canadian and Mexican exports to the United States, but Commerce Secretary Howard Lutnick said Sunday they may not be as high as the 25% figure Trump was planning….

Chinese companies expand overseas as domestic economy stalls

WASHINGTON —  On a recent cold day in February, Virginia resident Raymond Fong sat outside the Tysons Corner mall for nearly two hours on a stool he brought from home to wait in line for a taste of milk tea…

India, EU, pledge to push free trade agreement, elevate strategic ties

New Delhi  —  India and the European Union agreed to wrap up a free trade deal by the end of this year, the two sides announced Friday following talks in the Indian capital between Prime Minister Narendra Modi and European…