While the U.S. government ceased operations on Wednesday, stock markets soared, with one benchmark index breaking its previous record. Traders now predict the shutdown will stretch about two weeks, reflecting an average duration seen in past governmental stoppages.
A longstanding trade agreement between the United States and Africa has ended, leaving exporters without the preferential treatment they once relied on. As businesses in Nairobi and beyond brace for higher tariffs, industry leaders warn of new competitive pressures.
Canada’s housing crisis is so severe that internal government documents warn it could harm the broader economy. Officials plan to launch a new agency to build homes faster, reflecting mounting pressure on Ottawa to find immediate solutions.
Arizona Attorney General Kris Mayes plans to visit Benson next month to address rising concerns over a new aluminum recycling plant. The proposed facility by Aluminum Dynamics Inc. has sparked strong community reactions, placing it at the forefront of Mayes’s upcoming discussions.
With only three-and-a-half weeks remaining, Congress faces increasing pressure to reach an agreement and prevent a federal government shutdown. If lawmakers fail to act, federal workers and grant-reliant programs in Northeast Tennessee could suffer the consequences.
President Trump’s newly enacted 50% tariff on Indian goods follows his initial 25% measure. Officials cite India’s continuing purchase of Russian oil as a key reason for the increase, raising concerns about the effects on key export industries.
Jiangyi Village in Jiangsu Province is seeing a surge in okra production, with daily yields surpassing 1,000 kilograms. Covering nearly five hectares, this farmland supplies wholesale markets in Shanghai and throughout the province.
President Donald Trump has announced a new trade deal between the United States and Japan, featuring a 15% tariff on imports. This agreement marks a significant shift in the economic relationship between the two nations.
Over 70,000 visitors descended upon Indianapolis as the WNBA All-Star Game and the Indiana Black Expo brought nearly $10 million in economic benefits to the city.
In a move that could redefine U.S.-Canada trade relations, former President Donald Trump plans to increase tariffs on Canadian goods to 35%. This significant proposal may have far-reaching effects on both economies, impacting industries and consumers alike.