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Treasury secretary’s week-long trip yields little progress on disagreements over how Beijing should counter slowdown
...Trump has pledged to renew the tax cuts, due to expire next year, if he defeats Joe Biden in this year’s presidential election....
...But he insisted that “all of the Republicans running would do better than Joe Biden” in the coming election....
...Joe Biden unveiled a $7.3tn budget plan that would push US debt over 100 per cent of gross domestic product in 2025, as the president laid out a fiscal agenda that boosts spending but plans to save $3tn...
...Joe Biden’s hopes of a pre-election rate cut were dealt a blow on Thursday after inflation and growth data led investors to push back expectations of a move by the Federal Reserve....
...The TCJA is set to expire at the end of 2025, but Trump, the presumptive Republican presidential candidate, has pledged to make them permanent, should he defeat Joe Biden in November....
...A new rise in US inflation is undermining Joe Biden’s re-election message, threatening the president’s effort to defend his economic record in a crucial phase of the campaign against Donald Trump....
Treasury secretary points to intensified diplomacy between Washington and Beijing at end of six-day visit to country
...Joe Biden and Xi Jinping held a telephone call on Tuesday, in the first engagement between the US and Chinese leaders since they met in San Francisco in November in an effort to stabilise US-China relations...
...The recent uptick in US inflation appears to have reversed any progress President Joe Biden has made in convincing voters he can do a better job of managing the economy than Donald Trump....
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...Joe Biden unveiled a $7.3tn budget plan for 2025 which would push US debt over 100 per cent of gross domestic product, as the president laid out a fiscal agenda that boosts spending but plans to save $3tn...
...These include a phone call between US President Joe Biden and his counterpart Xi Jinping this week, and a trip by American chief executives to Beijing to meet China’s leader last week....
...Joe Biden has accused Israeli Prime Minister Benjamin Netanyahu of “hurting Israel” through his administration’s treatment of Palestinians, but added the US would not set a “red line” limiting his actions...
Plans come as president attempts to boost his standing with Americans on the economy ahead of election
...It is a sentiment echoed across the US — and it could be the reason Americans later this year vote out Joe Biden and return Donald Trump to the White House. The US economy is booming....
...US President Joe Biden delivered his final State of the Union address before November’s presidential election on Thursday night, in a pugnacious speech to a joint session of Congress aimed at jump-starting...
...The FT’s US national editor, Edward Luce, and acting US economics editor, Claire Jones, join this week’s Swamp Notes to explain how the central bank’s policy could affect the economy and therefore have an...
...The US economy grew at a 3.3 per cent annualised rate during the final quarter of last year, capping off a strong 2023 that defied recession fears and prompted President Joe Biden to attempt to claim credit...
...The latest economic readings are a blow to US President Joe Biden, whose re-election campaign has stressed the steady decline of inflation, which hit a multi-decade high in 2022, alongside the continued...
...Higher prices for essentials such as food and housing have left American voters anxious, the latest FT-Michigan Ross poll shows, as President Joe Biden tries to convince them they are better off now than...
...President Joe Biden said in Washington on Friday that he expected an Iranian attack on Israel “sooner than later”, and that his advice to Tehran was “don’t”....
...President Joe Biden was hoping for a lift from the Federal Reserve this year. On Wednesday, the Fed dealt those hopes a blow....
...With less than six months before the US election, President Joe Biden described the data as another sign of the resilient economy under his watch....
...President Joe Biden said recently that he “expected those rates to come down” this year....
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