Trump warns ‘no one’s off the hook’ after Lutnick’s claim of temp relief for electronics
Trump warns ‘no one’s off the hook’ after Lutnick’s claim of temp relief for electronics Read More »
China urges the US to completely eliminate reciprocal tariffs imposed during the Trump administration, which have escalated to 145%. Describing the recent tariff exemption on consumer electronics as a “small step,” China is assessing the overall impact. Businesses are increasingly concerned about the sustainability of US-China trade relations due to these escalating tensions and retaliatory
‘Correct mistakes’: China calls on US to ‘completely cancel’ reciprocal tariffs Read More »
Chinese officials have admitted to conducting cyber attacks on US infrastructure, known as “Volt Typhoon,” during a private meeting. This operation, linked to China’s military, targeted critical sectors and maintained covert access to the US electric grid. The US also identified another campaign, “Salt Typhoon,” targeting American telecommunications networks.
A 5.5 magnitude earthquake struck central Myanmar early Sunday, causing residents to flee their homes near the epicenter. This tremor follows a devastating 7.7-magnitude earthquake on March 28, which killed thousands and exacerbated the country’s humanitarian crisis. The recent quake shook buildings and damaged ceilings, adding to the challenges faced by a nation already grappling
American importers are reeling from President Trump’s sudden tariff hike on Chinese goods, with some fearing devastating consequences. Companies like Learning Resources and MGA Entertainment face soaring costs, potentially leading to price increases, production cuts, and even layoffs. The unpredictable tariffs threaten supply chains and could trigger inflation, impacting US economic growth and consumer sentiment.