Latest American Economy News & Updates

Washington, July 17 (IANS) US President Donald Trump’s nominee to serve as the next US ambassador to Brazil told lawmakers on Thursday (local time) that expanding trade, securing access to critical minerals and strengthening cooperation against transnational crime would be among his top priorities if confirmed, while pledging to support Brazil’s democratic institutions and freedom of expression. Daniel Perez, currently Speaker of the Florida House of Representatives, during his confirmation hear…

Washington, July 4 (IANS) US President Donald Trump declared on Friday (local time) that the United States was entering a new “golden age”, pointing to what he described as record investment, a manufacturing revival and renewed global confidence in the American economy.Speaking at Mount Rushmore on the eve of the country’s 250th Independence Day, Trump used his address to argue that the United States had reversed years of decline and was experiencing unprecedented economic momentum.”Our country …

Washington, March 14 (IANS) US President Donald Trump signed an executive order aimed at stopping fraudulent claims that products are “Made in America.”The order directs federal agencies to step up enforcement against sellers and manufacturers that falsely advertise products as American-made.The White House said the measure is designed to protect consumers and businesses that actually manufacture goods in the United States.“Americans have a right to clear, accurate, substantiated, and acce…

Washington, Jan 14 (IANS) US President Donald Trump said the American economy has rebounded sharply in less than one year, citing strong growth, falling inflation, rising wages and record investment as evidence of what he called a historic turnaround.Speaking at the Detroit Economic Club, on Tuesday, Trump said the recovery followed what he described as severe economic damage under the previous administration.“Now after less than 12 months in office, I’m back in Michigan to report to you on th…