Trump import taxes could fall heaviest on Midwest and Southeast, Richmond Fed says

By Howard Schneider WASHINGTON (Reuters) – New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing “widespread disruptions” focused on manufacturing industries in Midwestern and Southern states, a new analysis […]

Exclusive-White House weighs executive order to fast-track deep-sea mining, sources say

By Ernest Scheyder and Jarrett Renshaw (Reuters) – The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations. If signed, the order would mark U.S. President Donald […]

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