Economy

White House Follows Through With Tariff Hikes On Chinese Imports

7:31am May 10, 2019

After months of disputes and negotiations, the Trump administration has significantly raised tariffs on $200 billion worth of Chinese goods. U.S.-Chinese negotiators meet again to try to reach a deal.

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A shopper browses digital products at a market in Beijing. Trade tensions between China and the United States have grown significantly this week, after the Trump administration accused Beijing of backing down from commitments it had made in trade negotiat

U.S. Hikes Tariffs On Chinese Imports, As Tense Trade Talks Continue

6:23am May 10, 2019

U.S. tariffs on $200 billion worth of Chinese consumer and business products increased to 25% from 10% on Friday morning, raising the stakes between the world's two largest economies.

With its initial public offering on Friday, Uber hopes to raise billions of dollars, but analysts wonder when the ride-hailing company will turn a profit.

Economy

Uber's Eye-Popping IPO Approaches. Is It Really Worth $90 Billion?

8:05am May 09, 2019

by Camila Domonoske

Uber has never been profitable, yet the ride-hailing company may be valued at as much as $90 billion when it goes public Friday. It will be one of the largest tech IPOs ever.

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U.S. Farmers Have Multiple Concerns When It Comes To Trade Talks

6:44am May 08, 2019

NPR's Noel King talks to GOP Sen. Chuck Grassley of Iowa, who supports Trump's tough stand on China, about how farmers are impacted by the trade war. NPR's Scott Horsley comments on the conversation.

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A worker dumps a bucket of tomatoes into a trailer at DiMare Farms in Florida City, Fla., in 2013. The Trump administration is preparing to level a new tariff on fresh tomatoes imported from Mexico in response to complaints from Florida growers.

Food Fight: Trump Administration Levels Tariffs On Mexican Tomatoes

8:21pm May 07, 2019

by Scott Horsley

Under pressure from Florida lawmakers, the Trump administration is taking steps to protect domestic tomato growers from Mexican competition.

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Stock Markets In Turmoil Amid Uncertainty Over U.S.-China Trade Talks

4:18pm May 07, 2019

by Avie Schneider

The Dow Jones Industrial Average and other major stock indexes plunged Tuesday after Trump administration officials accused Beijing of reneging on commitments it had already made in the talks.

The IRS Free File program is under scrutiny after reports that tax-prep companies made it difficult for people to actually file their taxes free of charge.

H&R Block, TurboTax Accused Of Obstructing Access To Free Tax Filing

1:25pm May 07, 2019

by Laurel Wamsley

The IRS says it is reviewing concerns about its Free File program after ProPublica reporting found that tax-prep companies made it difficult to find the program.

Consequences Of The Escalating U.S.-China Trade War

6:14am May 07, 2019

NPR's Rachel Martin talks to Ohio soybean farmer Chris Gibbs and David Wessel, director of the Hutchins Center at the Brookings Institution, about the trade tensions between the U.S. and China.

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Traders and financial professionals work on the floor of the New York Stock Exchange on Monday. U.S. stock markets fell sharply at the open but crept higher as the day wore on after President Trump threatened to raise tariffs on imports from China.

China 'Reneging' On Trade Commitments, U.S. Officials Say

10:34pm May 06, 2019

by Jim Zarroli

China and the U.S. are scheduled to continue trade talks in Washington this week, but U.S. officials go into the negotiations accusing China of "reneging" on its commitments.

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Libsack says she's now feeling "hopeful" because her government finally listened. "For me, as a teacher, it's awesome," she says, "because then I can convey that to the students and say, 'Hey, you do have a voice. You are citizens. You do have a role in o

Teachers Begin To See Unfair Student Loans Disappear

10:06pm May 03, 2019

The Department of Education is expanding a fix to its troubled TEACH Grant program, giving millions of dollars of grant money back to public school teachers working in the country's neediest schools.

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