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Business and Economic News

Trump, European Union leaders pull back from trade war

Trump, European Union leaders pull back from trade war

President Donald Trump says the United States and the European Union have agreed to work toward "zero tariffs" and "zero subsidies" on non-automobile goods.
by The Associated Press

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Minnesota to e-retailers: Start collecting taxes soon

Minnesota to e-retailers: Start collecting taxes soon

Minnesota's Department of Revenue said e-retailers have until Oct. 1 to start collecting and turning over sales taxes in connection with Minnesota purchases.
by Brian Bakst

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China's Xi warns of 'unilateralism' in US trade dispute

China's Xi warns of 'unilateralism' in US trade dispute

Chinese President Xi Jinping said Wednesday that the world faces "a choice between cooperation and confrontation" in remarks critical of escalating U.S. tariffs on goods from China and other major trading partners.
by Associated Press

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EU officials to meet Trump, wielding a $20-billion threat

EU officials to meet Trump, wielding a $20-billion threat

Top European Union officials were going into a meeting with U.S. President Donald Trump on Wednesday warning they are ready to put tariffs on $20 billion of American goods if he puts duties on car imports.
by Associated Press

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Ivanka Trump's clothing company shutting down

Ivanka Trump's clothing company shutting down

Ivanka Trump's clothing company is shutting down after some stores dropped her line and she decided ethics restrictions were holding back its ability.
by Associated Press

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Trump tapping $12B to help farmers affected by tariffs

Trump tapping $12B to help farmers affected by tariffs

The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.
by Associated Press

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Minn. farm groups welcome aid but say end to trade war would be better

Minn. farm groups welcome aid but say end to trade war would be better

The United States Department of Agriculture announced a $12 billion assistance package for farmers hurt in the ongoing trade war. Farm groups welcome the aid, but they say an end to the trade disputes would be a better solution.
by Mark Steil

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