A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
Author: ALAN RAPPEPORT
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.
An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
Trump and Democrats Agree: U.S. Needs a National Wealth Fund for Investments
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up.
How Swing State Politics Are Sinking a Global Steel Deal
As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.
Trump Campaign Stokes China Fears to Lure Michigan Voters
JD Vance, the Republican vice-presidential nominee, waded into a fight over plans by Gotion, a Chinese battery plant, to build a factory in Michigan.
U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
How Janet Yellen Became an Unlikely Culinary Diplomat
The Treasury secretary views food as a way to connect, and her dining decisions have become the subject of global intrigue.