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Trump to seek tariff 'snap-back', tax equality in NAFTA revamp: letter

In revamping the North American Free Trade Agreement (NAFTA), the Trump administration will seek tax equality and the ability to reimpose tariffs if a flood of imports from Canada and Mexico causes "a threat of serious injury" to U.S. industry, a draft of negotiating objectives shows.

U.S. debt to reach 150 percent of GDP in 30 years: CBO

U.S. debt held by the public will balloon to 150 percent of economic output by 2047 unless tax and spending laws are changed, the Congressional Budget Office said on Thursday, far exceeding the record level just after World War II.

FCC to reverse rules on TV station purchases

The U.S. Federal Communications Commission said on Thursday it will vote in April to reverse a 2016 rule adopted by the Obama administration that limits the number of television stations some companies can buy.

Dudley optimistic on fiscal stimulus, focused on rate hikes

Prospects for the U.S. economy have brightened now that fiscal stimulus from Washington appears more likely, so the Federal Reserve will need to keep raising rates and eventually trim its bond portfolio to avoid an overheating, one of the most influential Fed policymakers said on Thursday.

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