The postponement came as Treasury Secretary Janet Yellen arrived in Brussels to continue pushing for a global minimum tax.
Tag: United States Economy
Janet Yellen Warns That Coronavirus Variants Threaten Global Recovery
At the end of a gathering of the finance ministers of the Group of 20 nations, the U.S. Treasury secretary called for an acceleration of vaccine distribution worldwide.
Global Shortages During Coronavirus Reveal Failings of Just in Time Manufacturing
Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.
U.S.-China Phase 1 Trade Deal Could Set Rules for Commerce
Last year’s deal could set the rules for global commerce for years to come, leaving the door open to lavish Chinese subsidies and unilateral American tariffs.
Biden’s Speech Calls for U.S. to Take On China and Russia
Competition with China and containment of Russia were the subtext of the president’s call for action. But casting the struggle as “democracy versus autocracy” oversimplifies what lies ahead.
John Williamson, 83, Dies; Economist Defined the ‘Washington Consensus’
A careful pragmatist, he regretted the way his term, aimed at developing countries, was misinterpreted by free-market ideologues and anti-globalization activists.
Surge in Migrants Defies Easy or Quick Solutions for Biden
The administration expects more apprehensions at the border this year than at any point in the past two decades. Enacting policy to deal with the problems faces deep-rooted political and logistical challenges.
Why $4-a-Gallon Gas May Be Coming Your Way This Summer
The oil industry, known for boom-bust cycles, is resisting the temptation to pump more oil — for now.
How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar
Critics of a strong currency say it hurts American factory workers by making imports cheap.
Amid Shortfalls, Biden Signs Executive Order to Bolster Critical Supply Chains
The order is intended to help insulate the economy from future shortages of critical imported components by making the United States less reliant on foreign supplies.