The Chinese government has denied claims from President Donald Trump and Treasury Secretary Scott Bessent that the two nations are engaged in productive discussions over a potential end to the trade war set off by Trump jacking up tariffs on America’s third-largest trade partner. On Thursday, the Chinese Ministry of …
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The International Monetary Fund warned on Tuesday that the global economy is set to enter a “new era” marked by “significantly” slower economic growth caused by tariff chaos and uncertainty brought about by President Donald Trump. “The global economic system under which most countries have operated for the last 80 …
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The Trump administration had announced tariffs on products from China only to walk back that decision on Friday, issuing an exemption from astronomical 145 percent reciprocal tariffs for smartphones, computers, semiconductors, and other electronic devices — although other tariffs would still apply. But on Sunday, the administration had senior White …
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President Donald Trump seems perfectly willing to plunge the United States into a full-blown trade war with China, and China is not backing down. Trump on Wednesday paused many of the most extreme tariffs he announced last week, but jacked up the tax on Chinese goods. The White House said …
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Donald Trump blew up his tariff agenda on Wednesday, writing in a Truth Social post that he is instituting a “90-day pause” on the bulk of the import taxes he had announced a week earlier. The surprising reversal came as financial markets were tanking, and as the president and his …
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Donald Trump is bailing on his tariff agenda after less than a week. The president said on Wednesday that he has authorized a “90 day PAUSE, and a substantially lowered Reciprocal Tariff” for countries who have not economically “retaliated in any way, shape, or form against the United States” and …
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China is not taking kindly to Donald Trump‘s trade war. The president is not taking kindly to China not taking kindly to his tariffs, and the White House announced on Tuesday that imports from China will now be slapped with a whopping 104-percent tax. “When America is punched [Trump] punches …
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Donald Trump’s obsession with tariffs has taken a dark turn, one that might be comedic gold if it weren’t about to cost Americans so much hard-earned cash. To wit: Trump is placing tariffs on countries around the globe — including even remote Antarctic islands inhabited only by penguins — while …
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Years of feverish hype around artificial intelligence technology have convinced many that it’s Silicon Valley‘s next speculative bubble — and prompted questions of how long giants like OpenAI can keep burning through billions of dollars in their quest for a true breakthrough AI. Now, a Chinese company has unveiled a …
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President-elect Donald Trump, who once supported banning TikTok and signed an executive order targeting its parent company, is now vowing he will issue an executive order attempting to save the social platform. But there’s a major catch: he wants the app to operate under 50 percent U.S. ownership. Apparently reacting …
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