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The Politburo rarely details policy plans, but the shift in its message shows China is willing to go even deeper into debt, prioritising, at least in the near term, growth over financial risks.
Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs, but high interest ...
Defaulting on that debt would leave the government’s creditors, including the Social Security trust fund and maybe your 401k provider, in the lurch and jeopardize the US economy. No wonder Trump ...
President-elect Donald Trump has doubled down on many of his economic promises in the weeks since his victory. In 2025 he will face formidable global players who may have other plans.
A debt-ceiling breach has become a political tool — one that Trump is trying to wield for the last time The debt ceiling limits the amount of money the federal government is allowed to borrow to ...
The president-elect suggested imposing 10%-20% tariffs across the board and a 60% tariff on goods from China, which would cost US families an extra $1,700 to $2,600 per year, according to a ...
After World War II, the United States secretly offered to buy Greenland; public discussion of buying the island occurred after Trump's 2024 reelection. While Greenland is an autonomous territory within the Kingdom of Denmark , Greenlandic and Danish authorities have publicly asserted Greenland's right to self-determination and stated that ...
As the global debt approaches $102 trillion, the United States and China are the top contributors to the increasing debt. According to data from the IMF and Visual Capitalist, in one year, the ...