Author: Admin

BRUSSELS :The European Commission said on Monday it had imposed duties of up to 66.7 per cent on imports of Chinese machines that lift construction workers after concluding that the producers were benefiting from unfair subsidies and selling at artificially low prices.The extra duties on Chinese mobile access equipment (MAE) will range from 20.6 per cent to 66.7 per cent, the Commission said, as it sought to protect domestic producers in the EU market worth more than 1 billion euros ($1.14 billion) per year.The tariffs are the latest in a series of EU anti-dumping and anti-subsidy duties focused on Chinese…

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President Trump declared on Sunday that he would bring “Columbus Day back from the ashes” and reinstate its celebration as a holiday.“I am hereby reinstating Columbus Day under the same rules, dates, and locations, as it has had for all of the many decades before!” the president said in a post on Truth Social, referring to the federal holiday named for Christopher Columbus, the Italian explorer who sailed to the Americas on behalf of Spain more than 500 years ago.The holiday has long been criticized by those who condemn the explorer for paving the way for European colonialism, which brought…

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Washington — Congress returns Monday from a two-week recess with Republicans eyeing an ambitious schedule to move on the centerpiece legislation of President Trump’s first-year agenda.  After both the House and Senate adopted a budget resolution that serves as a blueprint earlier this month, congressional committees are set to begin work this week on the massive plan key to implementing Mr. Trump’s priorities on border security, defense, energy and taxes. The legislation aims to extend the 2017 tax cuts, along with authorizing additional tax cuts, while raising the debt ceiling by as much as $5 trillion. And GOP leaders have…

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Since the start of President Trump’s second term in office, a number of corporations have announced plans to expand their production capabilities in the U.S. The announcements come as some of the Trump administration’s new tariffs take effect, with other import duties still pending. Although not all the companies expecting to grow their manufacturing footprint in the U.S. have directly cited the tariffs as a motivating factor, the White House has touted such moves as furthering Mr. Trump’s goal of stoking job-creation on home soil. In March, for example, the White House celebrated pharmaceutical company Johnson & Johnson’s plan to invest $55 billion in U.S.…

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NEW YORK (AP) — First-time nominees Chubby Checker, Joe Cocker and Bad Company will be inducted into the Rock & Roll Hall of Fame, a class that also includes pop star Cyndi Lauper, the hip-hop pioneers Outkast, the rock duo the White Stripes and grunge masters Soundgarden. Salt-N-Pepa, the first female rap act to achieve gold and platinum status, and the late singer-songwriter Warren Zevon will get the Musical Influence Award. The late record producer Thom Bell, pianist Nicky Hopkins and bassist Carol Kaye will each get the Musical Excellence Award. The late Cocker, who sang at Woodstock and was…

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Cohn: U.S. to feel some tariff effects in May Gary Cohn says U.S. will see effect in “transportation of goods” from tariffs in a “few weeks” 08:46 IBM on Monday announced that it will invest $150 billion in U.S. manufacturing to “fuel the economy.”The investment will include more than $30 billion that will go toward research and development to allow the computing giant to continue manufacturing its mainframe and quantum computers in the U.S.”Technology doesn’t just build the future — it defines it,” said Arvind Krishna, IBM chairman, president and chief executive officer in a statement Monday. “We have been…

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NEW YORK — An admired and longtime poet whose subjects range from school integration to the memories of Holocaust survivors has won a $100,000 prize given for “exceptional talent.”Poets & Writers announced Monday that Cyrus Cassells is this year’s winner of the Jackson Poetry Prize, which was established in 2007 and has been previously awarded to Joy Harjo,Sonia Sanchez and Carl Phillips among others. A former Texas poet laureate, Cassells has published 11 books, including “More Than Peace and Cypresses,” “Soul Make a Path Through Shouting” and the compilation “Everything in Life is Resurrection.”“In a world that is increasingly unstable,…

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