The Trump administration’s 25 percent tariff on imported steel has been welcomed by U.S. producers of the material but slammed by American manufacturers that rely on a global steel supply chain to make everything from cars to razor blades. VOA’s …
Grabbing a bicycle from a docking station and riding the streets of Paris used to be one of the city’s many charms, but the once-loved Velib system has fallen into disarray and some new dockless bike-share programs are struggling to …
The United States has decided to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to a trade dispute failed to reach an agreement, senior administration officials said Tuesday. U.S. Trade Representative Robert …
In an ideal world, Alex Fearnside would cycle home from work, park his bike in the basement of his apartment complex in Melbourne city center, then jog upstairs through a beautiful courtyard to his flat, stopping only for a quick …
The president of OPEC urged Canada on Tuesday to invest in infrastructure to move oil and gas, or risk watching investment flow away to the United States. The Canadian government agreed in May to buy the Trans Mountain oil pipeline …
Iran formally opened a secondary market for hard currency Tuesday, abandoning after three months an effort to dictate a single exchange rate for the rial against the dollar as the threat of U.S. sanctions pressures the Iranian currency. The new …
Uber is getting into the scooter-rental business. The ride-hailing company said Monday that it is investing in Lime, a startup based in San Mateo, California. “Our investment and partnership in Lime is another step towards our vision of …
President Donald Trump is threatening to “respond” after several major U.S. drug companies raised prices of some widely prescribed medicines. “Pfizer and others should be ashamed that they have raised drug prices for no reason,” Trump tweeted Monday. “They are …
Behind a row of sealed red incubator doors in a new facility in northern China, about 400,000 chicks are hatched every day, part of the rapidly modernizing supply chain in China’s $37 billion egg industry, the world’s biggest. As China …
The possibility of more Western sanctions against Moscow is the key risk for the Russian economy, as much as 21 percent of which has already felt the impact of existing sanctions, Russia’s Analytical Credit Ratings Agency said in a report …
World fish production is expected to grow over the next 10 years despite a slowdown in both farmed and wild caught fish, the U.N.’s food agency said. In a new report on global fisheries, the Food and Agricultural Agency predicts …
What started as a simple desire to be able to provide for her children has turned into a multimillion-dollar business for Tammie Umbel of Dulles, Virginia. She not only runs a cosmetics company but home-schools her 14 children — and …
Mexican President-elect Andres Manuel Lopez Obrador will seek to end the country’s massive fuel imports, nearly all from the United States, during the first three years of his term while also boosting refining at home. The landslide winner of last Sunday’s election told reporters …
One of the world’s biggest cargo shippers announced Saturday that it was pulling out of Iran for fear of becoming entangled in U.S. sanctions, and President Hassan Rouhani demanded that European countries to do more to offset the U.S. measures. The announcement by …
The opening shots have been fired in what some fear may be the start of a major trade war. China retaliating at midnight Friday with equivalent tariffs on U.S. goods after the U.S. followed through on its threat to raise …
Amid the very real hardships Syrian refugees face, little has been said about another major health and humanitarian issue: What to do with the massive accumulations of trash and waste. But one refugee camp in Jordan is doing something about …
The political squabbling between China and the United States over trade and other issues affect the world’s two largest economies through a variety of mechanisms with unpredictable results. For example, prices of stock in both nations have been hurt as …
So is this what a trade war looks like? The Trump administration and China’s leadership have imposed tens of billions of dollars in tariffs on each other’s goods. President Donald Trump has proposed slapping duties on, all told, up to …
U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs, a sign of confidence in the economy despite the start of a potentially punishing trade war with China. The job growth wasn’t enough to keep the …
The world’s two biggest economies have fired the opening shots in a trade war that could have wide-ranging consequences for consumers, workers, companies, investors and political leaders. The United States slapped a 25 percent tax on $34 billion worth of …
U.S. tariffs against Chinese imports took effect early Friday, a day after President Donald Trump made clear he is prepared to sharply escalate a trade war between the world’s two biggest economies. The administration started imposing tariffs at 12:01 a.m. Eastern time Friday on …
Drivers of Kenya’s digital taxis shut down operations Monday in protest of what they term as exploitative corporate practices. They say the firms are charging low rates to their clients, yet imposing high commissions on the drivers, leading them to …
South Africa has become one of the biggest markets for illegal cigarette sales and is losing out on 7 billion rand ($514 million) a year in potential tax revenue, a report funded by a tobacco industry group said on Thursday. …
German Chancellor Angela Merkel said on Thursday she would back lowering European Union tariffs on U.S. car imports, responding to an offer from Washington to abandon threatened levies on European cars in return for concessions. “When we want to negotiate …