‘He pulled the wool over our eyes’: workers blame Trump for moving jobs overseas

Trump pledged to stop ‘offshoring’ but manufacturing workers at GE and Carrier say Trump has broken his campaign promiseNext Friday, Eddie Martin will work his last day at the General Electric plant in Salem, Virginia, after working there for seven yea…

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Libra: US Congress asks Facebook to pause development

Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the company’…

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White House insists Trump Huawei reversal not ‘catastrophic mistake’

Larry Kudlow defends move on sales ban after China talksRubio and Barasso among Republicans concerned by ployWhite House economic adviser Larry Kudlow has insisted Donald Trump is not backing off national security concerns, despite agreeing to allow US…

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Trump fact check: is the Chinese economy really ‘going down the tubes’?

The president reckons Beijing will jump at a trade deal because the country’s growthis slowing. Martin Farrer takes a closer lookDonald Trump has claimed ahead of his crunch meeting with Xi Jinping that China’s economy is “going down the tubes” and tha…

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Forget China – it’s America’s own economic system that’s broken | Robert Reich

US weakness is inbuilt – the big 500 companies owe loyalty only to themselves and the public is shut out from prosperityXi Jinping might possibly agree next weekend on further steps to bring down China’s trade imbalance with the US, giving Donald Trump…

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Is the global economy in for a new oil shock? | Larry Elliot

Trump’s hawkish stance with Iran could prove too much for an already fragile world economyAn oil price surge prompted by trouble in the Middle East inevitably conjures up memories of late 1973, when a dramatic rise in the cost of crude ended the long p…

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