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Trump admin wants new Fed chair in place 'as soon as possible'

Trump admin wants new Fed chair in place 'as soon as possible'

The Trump administration wants Kevin Warsh in place as the new US central bank chair "as soon as possible," with the existing Fed chief's term coming soon to an end, Treasury Secretary Scott Bessent said Tuesday. Warsh, a former Federal Reserve official, is President Donald Trump&

'Blindsided': US farmers strained as fertilizer costs surge on war

'Blindsided': US farmers strained as fertilizer costs surge on war

On Andy Corriher's farm in North Carolina, planting and preparations are underway for his corn and soybean crops -- but fertilizer costs have surged on war in the Middle East, and orders he placed weeks ago have yet to arrive. The 47-year-old is among US farmers facing

Trump orders new pharma tariff, reshapes metal duties

Trump orders new pharma tariff, reshapes metal duties

US President Donald Trump on Thursday ordered new tariffs on certain medicines, alongside an overhaul of metal duties, doubling down on his trade agenda a year after unleashing trade wars on virtually all partners. The latest pair of orders he signed pile pressure on pharmaceutical companies to manufacture more in

US trade deficit widens less than forecast as tariff turmoil persists

US trade deficit widens less than forecast as tariff turmoil persists

The US trade deficit widened in February but less than analysts expected, government data showed Thursday, a year since President Donald Trump unleashed sweeping tariffs on virtually all trading partners. One year on, turmoil over Trump's tariff agenda looks set to continue roiling trade flows in the world&

US trade deficit widens less than forecast as tariff turmoil persists

US trade deficit widens less than forecast as tariff turmoil persists

The US trade deficit widened in February but less than analysts expected, government data showed Thursday, a year since President Donald Trump unleashed sweeping tariffs on virtually all trading partners. The overall gap expanded 4.9 percent to $57.3 billion as both imports and exports climbed, said the Commerce

Air Canada CEO to retire after row over English-only condolence message

Air Canada CEO to retire after row over English-only condolence message

Air Canada said Monday that CEO Michael Rousseau will retire later this year, an announcement following controversy over his failure to issue condolences both in English and French for a fatal airport disaster. Rousseau had sparked controversy by issuing an English-only video message to express condolences after a deadly

US-China 'Board of Trade' may help ties but experts flag market worries

US-China 'Board of Trade' may help ties but experts flag market worries

As Washington and Beijing mull a new mechanism to adjust trade between the world's two largest economies, some analysts warn that it could interfere with market forces, while others consider it a path to smoother coexistence. What is the managed approach to trade that Donald Trump's