Paul Wiseman, Author at Valley News - Page 2 of 3

A ship hauls containers at a container port in Qingdao in eastern China's Shandong province Friday, July 6, 2018. The United States hiked tariffs on Chinese imports Friday and Beijing said it immediately retaliated in a dispute between the world's two biggest economies that President Donald Trump says he is prepared to escalate. (Chinatopix via AP)

U.S.-China Trade War Has Begun

by Paul Wiseman AP Economics Writers, and Josh Boak AP Economics WritersJuly 6, 2018

FILE - In this April 8, 2018 file photo, a container is loaded onto a cargo ship at a port in Qingdao in east China's Shandong province. China has accused the United States on Thursday, June 21, 2018, of using pressure tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports. (Chinatopix via AP)

Trump Jabbed First, and Now World Hits Back

by Paul Wiseman AP Economics WriterJune 22, 2018

President Donald Trump speaks to reporters at the White House, Friday, June 15, 2018, in Washington. (AP Photo/Evan Vucci)

Trade War Looms as Trump Slaps Tariffs on China

by Paul Wiseman Associated Press, and Ken Thomas Associated PressJune 16, 2018

Specialist Thomas McArdle, left, works with traders John Panin, center, and Jeffrey Vazquez on the floor of the New York Stock Exchange, Monday, April 2, 2018. U.S. stocks are skidding Monday morning after China raised import duties on U.S. pork, apples and other products. (AP Photo/Richard Drew)

China Trade Tussle Shakes U.S. Markets

by Paul Wiseman AP Economics WriterApril 3, 2018

Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Thursday, Feb. 8, 2018. U.S. stocks are lower Thursday morning as losses from the previous day continue. (AP Photo/Richard Drew)

Prospect of Deficit Spooks Stock Market

by Josh Boak AP Economics Writers, and Paul Wiseman AP Economics WritersFebruary 10, 2018

FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer is interviewed at the California Republican Party convention in Anaheim, Calif. In their effort to overhaul the U.S. tax code, President Donald Trump and congressional Republicans are betting that by slashing taxes on corporations and rich people, the money diverted from the U.S. Treasury will find its way into the pockets of ordinary Americans. “It will increase real wages and it will increase them substantially,’’ says Laffer. (AP Photo/Reed Saxon, File)

Trickle-Down Economics Makes Return

by Paul Wiseman AP Economics WriterNovember 18, 2017

FILE - This Monday, Oct. 30, 2017, file photo shows the Capitol in Washington, at dawn. The House Republican tax plan would add $1.5 trillion to the federal debt at a time when the economy is doing pretty well on its own and the retirement of the Baby Boom generation is already putting a strain on Social Security and Medicare. All of which is why many analysts argue that big tax cuts aren’t needed now, even if they would help stimulate the economy, which is far from certain. (AP Photo/J. Scott Applewhite, File)

Debt From Tax Cuts Is Difficult to Avoid

by Paul Wiseman AP Economics WriterNovember 7, 2017

In this Monday, June 19, 2017, photo, a person types on a laptop keyboard, in North Andover, Mass. The American workplace is grueling, stressful and surprisingly hostile. So finds an in-depth study of 3,066 U.S. workers, released Monday, Aug. 14, 2017, by the Rand Corp., Harvard Medical School and the University of California, Los Angeles. (AP Photo/Elise Amendola)

Workplace Is Hostile for Many Americans

by Paul Wiseman AP Economics WriterAugust 20, 2017

FILE - In this Oct. 6, 2015, file photo, job applications and information for the Gap Factory Store sit on a table during a job fair at Dolphin Mall in Miami. The U.S. economy acquired an exclusive label Friday, July 28, 2017: Recession-free for eight full years. Unemployment has fallen dramatically, from a peak of 10 percent in October 2009 to 4.4. But the long-term unemployed, those out of work for six months or more _ make up an unusually large share of today’s jobless: 24 percent, versus 4 percent eight years deep into the 1961-1969 expansion and 12 percent in 1991-2001. (AP Photo/Wilfredo Lee, File)

U.S. Economy: Sluggish but Durable

by Paul Wiseman AP Economics WriterJuly 29, 2017

FILE - In this Saturday, July 8, 2017, file photo, U.S. President Donald Trump, left, and Chinese President Xi Jinping arrive for a meeting on the sidelines of the G-20 Summit in Hamburg, Germany. After a cordial meeting between Trump and Xi in April 2017, tensions are simmering again between the world’s two biggest economies. As U.S. and Chinese economic officials prepare to meet Wednesday, July 19, in Washington, the U.S. is weighing whether to slap tariffs on steel imports and risk setting off a trade war, a dicey option to deal with a problem caused largely by China’s massive overproduction of steel. (Saul Loeb/Pool Photo via AP, File)

No Deal U.S.-China as Trade Talks End

by Paul Wiseman AP Economics Writers, and Josh Boak AP Economics WritersJuly 19, 2017