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 from …
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 Commission …
WASHINGTON — As U.S. President Donald Trump moves forward with an expanding net of tariffs, including an additional 10% for Chinese imports starting next week, industry insiders and experts say closing existing loopholes and workarounds that companies use to avoid trade …
NEW DELHI — The European Union plans to urge India to lower its high tariffs on cars and wine to boost trade, as it seeks to reduce its reliance on China, a senior official from the bloc said, ahead of a …
U.S. consumer confidence plunged in February in its biggest monthly decline in more than four years, a business research group said Tuesday. The Conference Board said its consumer confidence index dropped from 105.3 in January to 98.3 this month, the …
Ongoing freezes in federal funding are impacting the U.S. agricultural industry. VOA’s Kane Farabaugh has more from the Midwestern state of Wisconsin. …
WASHINGTON — U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, with Bessent telling Beijing to do more to curb fentanyl trafficking and rebalance its economy, and He voicing concerns about President Donald Trump’s …
SEOUL, SOUTH KOREA — South Korean officials have asked the Trump administration to exclude their country from U.S. plans to impose aggressive tariffs on trade partners, emphasizing that Seoul is already applying low duties on American products under the free trade …
U.S. small businesses are waiting to feel the effects of President Donald Trump’s executive order imposing a 25% tariff on imported steel and aluminum. Michelle Quinn reports. …
BEIJING — China has been “doing its best” to push for negotiations with the European Union over its tariffs on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday, almost four months after the punitive import curbs took effect. The …
NAIROBI, KENYA — Milk and egg vendor Caroline Mukundi has lost a lot of her stock in her years of selling fresh food at a Nairobi market. Mukundi said she had no way to keep food fresh, and the cost of …
Inflation in the United States increased in January as prices of food, gasoline and housing, among others, continued to rise. VOA correspondent Veronica Balderas Iglesias talked to economists about what the Trump administration can do to bring prices down. …
Tokyo — Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves. France’s CAC 40 dipped nearly 0.1% in early …
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch …
London — China’s demand for road and air transport fuels may have passed its peak, the International Energy Agency (IEA) said Thursday, citing data showing that the country’s consumption of gasoline, gasoil and jet fuel declined marginally in 2024. Combined consumption …
WASHINGTON — As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, President Donald Trump announced Wednesday he will push for lower interest rates alongside his tariff policies. “Interest Rates should be …
HARARE, ZIMBABWE — Zimbabwe’s government said Wednesday it will compensate foreign investors who lost assets in the country’s controversial land reforms in the early 2000s but were protected by bilateral investment protection agreements. Zimbabwean Finance Minister Mthuli Ncube said in a …
WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate cuts. …
The latest offerings for electric vehicles take center stage at the 2025 Chicago Auto Show as some federal tax incentives could end. VOA’s Kane Farabaugh has more. …
The 27-nation European Union and Canada quickly vowed Tuesday to stand firm against U.S. President Donald Trump’s move to impose 25% tariffs on their steel and aluminum exports, verbal sparring that could lead to a full-blown trade war between the …