Category: Extra News

Refugees Turn Skills From Home into New Business

Once they acclimate to their new environment, overcoming language, social and cultural barriers, refugees in the U.S. often thrive. Some translate their experiences into assets that are valuable to their new community, as did Parvin and Yadollah Jamalreza. VOA’s June Soh visited their popular tailoring shop in Charlottesville, Virginia. …

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Growth Slows in April in China’s Manufacturing Sector

Growth in China’s manufacturing sector slowed in April, official data showed Sunday, pointing to an unsteady recovery in the world’s second-largest economy.    The monthly purchasing managers’ index by the Chinese Federation of Logistics and Purchasing fell to 51.2 in April, lower than the 51.8 recorded in March.    The …

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On 100th Day in Office, Trump to Focus on Trade

President Donald Trump will spend his 100th day in office talking tough on trade in one of the states that delivered his unlikely win.   The president is expected to sign an executive order Saturday that will direct his Commerce Department and the U.S. Trade Representative to perform a comprehensive …

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Trump Signs Order Opening Arctic for Oil Drilling

President Donald Trump is re-opening for oil exploration areas that President Barack Obama had closed, a move that environmental groups have promised to fight. In an executive order Friday, the president reversed the Obama administration’s decision to prohibit oil and gas drilling in the Arctic waters off Alaska. The order …

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US Central Bank Could Lean Against Trump Tax Cut

President Donald Trump’s plan to slash business and household taxes could shift the U.S. economy into higher gear, but it may have one effect the White House would not welcome — interest rates ratcheted higher than expected by a wary central bank. The Trump administration says hundreds of billions of …

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US Central Bank Could Lean Against Trump Tax Cut

President Donald Trump’s plan to slash business and household taxes could shift the U.S. economy into higher gear, but it may have one effect the White House would not welcome — interest rates ratcheted higher than expected by a wary central bank. The Trump administration says hundreds of billions of …

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Canada Increasingly Draws Trump’s Ire

President Donald Trump and Commerce Secretary Wilbur Ross on Tuesday said they did not fear a trade war with Canada after American punitive action on lumber and milk. “They have a tremendous surplus with the United States,” Trump said, adding “people don’t realize Canada’s been very rough on the United …

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Trump Set to Call for Big US Corporate Tax Cut

U.S. President Donald Trump is set to call for a sharp reduction in the nation’s corporate tax rate, the highest among the world’s industrialized countries. Trump is planning to unveil his tax plans Wednesday, with aides saying he will ask Congress to slash the current 35 percent rate down to …

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Jobs, Homes at Stake in US-Canada Trade Squabble

Canadian officials say a new tariff imposed by the Trump administration will raise the cost of new homes in the United States by $1,000 each, and shut 150,000 Americans out of home ownership. Washington’s decision also puts “thousands” of U.S. homebuilding jobs at risk, according to Canada’s ministers of natural …

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