Government, Business

White House Says Shutdown Trims 0.1% From GDP Every Two Weeks

The ongoing partial government shutdown will cut U.S. economic output by about 0.1% every two weeks, the chairman of the White House Council of Economic Advisers said.

Toluse Olorunnipa | Bloomberg News
January 3, 2019
Government, Business

Democrats Pull Out of Trump Meeting After He Says Deal to Avoid Shutdown Is Unlikely

The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump Nov. 28 after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.

Toluse Olorunnipa | Bloomberg News
November 28, 2017
Government, Business

Trump Revamps US Trade Focus by Pulling Out of Pacific Deal

President Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and by promising to renegotiate the North American Free Trade Agreement.

Toluse Olorunnipa | Bloomberg News
,
January 23, 2017