Author: admin
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Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The president-elect, who has vowed to shrink the size of government, would be creating a new agency to perform functions already handled by existing agencies
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Pakistan welcomes World Bank’s $20 billion lending pledge
The deal, which begins in 2026 under its Country Partnership Framework, is to help address the impoverished country’s acute development challenges
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Chinese economic growth among slowest in decades
Leaders nervously eyeing a potential trade standoff with U.S. President-elect Donald Trump
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Past US presidents had hard time downsizing government
President-elect Donald Trump wants to slash government spending. A proposed advisory commission called the Department of Government Efficiency will lead the effort. It’s not a new concept. American leaders have tried to reduce the role of government almost since the beginning.
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Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers
Last month, Trump tapped Kevin Hassett, who was a key economic adviser in his first term, to chair his National Economic Council, which helps set domestic and international economic policy
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Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses.