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Wall Street Stock Rally Falters As Trump Touts 50% Tariff Victory
Wall Street stock markets wobbled at the start of trading on Friday after President Donald Trump indicated he envisages stiff US tariffs even after reaching trade deals.
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China Waives Tariffs On Some US Items, Denies Trump's Claim Of Ongoing Talks
China exempted some US imports from its steep tariffs in a sign on Friday that the trade war between the two countries could be easing, though China quickly knocked down US President Donald Trump's assertion that negotiations were underway.
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China Likely To Exempt Some US Goods From Tariffs As Costs Rise: Report
Authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane.
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Opinion | China's Real Problem Is At Home
Governments are unwilling to give China's overcapacity a free pass anymore. Higher tariffs against it will stay even if this round of the US-China trade war is settled.
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"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
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Decision Still Away On Tweaking Auto Tariffs: White House
The administration is examining "streamlining overlap" between 25 percent tariffs on imported autos and metals, as well as those imposed over illicit fentanyl, a White House official said.
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India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
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Will China Open Door For Trade Talks As Trump Considers Cutting Tariffs?
After US President Donald Trump signalled a potential U-turn on his tariff war with China, Beijing said its door was "wide open" for trade talks with Washington, but won't proceed with it under continued threats from the Trump administration.
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Tariff Turmoil: Impact On Tesla And Other Companies
Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts.
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Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
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US President Donald Trump Sued For Imposing Sweeping Tariffs
As many as 12 American states, most of them led by Democrats, sued President Donald Trump and his administration over his unprecedented tariffs on all US trading partners, especially China, that sparked global economic turmoil.
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"Economically Reckless": 12 US States Sue Trump Over Tariffs
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress.
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"Bullying, Blackmail": US, China Exchange Barbs Over Trade War At UN
The Chinese envoy took direct aim at the United States, saying the government headed by Donald Trump "severely disrupts the global economic order" by imposing shock tariffs on its trading partners.
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US Considering Slashing China Tariffs To Between 50-65%: Report
The US government is considering cutting its tariffs on Chinese imports in a bid to de-escalate tensions with Beijing, the Wall Street Journal reported on Wednesday.
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Tesla Says India's 100 Percent Car Tariffs Make Customers Anxious
Tesla has long wanted to sell in the world's third-largest car market, but high tariffs, which its chief Elon Musk has said are among the steepest in the world, have been a deterrent. Even so, Tesla has in recent weeks finalised some showroom space in India and posted more than two dozen jobs, signalling it is getting closer to a launch
-
Wall Street Stock Rally Falters As Trump Touts 50% Tariff Victory
Wall Street stock markets wobbled at the start of trading on Friday after President Donald Trump indicated he envisages stiff US tariffs even after reaching trade deals.
-
China Waives Tariffs On Some US Items, Denies Trump's Claim Of Ongoing Talks
China exempted some US imports from its steep tariffs in a sign on Friday that the trade war between the two countries could be easing, though China quickly knocked down US President Donald Trump's assertion that negotiations were underway.
-
China Likely To Exempt Some US Goods From Tariffs As Costs Rise: Report
Authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane.
-
Opinion | China's Real Problem Is At Home
Governments are unwilling to give China's overcapacity a free pass anymore. Higher tariffs against it will stay even if this round of the US-China trade war is settled.
-
"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
Bloomberg reported that more than 20 percent of Intel staff could be laid off.
-
Decision Still Away On Tweaking Auto Tariffs: White House
The administration is examining "streamlining overlap" between 25 percent tariffs on imported autos and metals, as well as those imposed over illicit fentanyl, a White House official said.
-
India Could Be The First Country To Sign Trade Deal With US To Avoid Tariffs
Currently, the 26% reciprocal tariff on India that the US imposed is on a 90-day suspension. The pause will expire on July 8th. However, India does face a 10% tariff as other nations per the US trade policy.
-
Will China Open Door For Trade Talks As Trump Considers Cutting Tariffs?
After US President Donald Trump signalled a potential U-turn on his tariff war with China, Beijing said its door was "wide open" for trade talks with Washington, but won't proceed with it under continued threats from the Trump administration.
-
Tariff Turmoil: Impact On Tesla And Other Companies
Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts.
-
Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
-
US President Donald Trump Sued For Imposing Sweeping Tariffs
As many as 12 American states, most of them led by Democrats, sued President Donald Trump and his administration over his unprecedented tariffs on all US trading partners, especially China, that sparked global economic turmoil.
-
"Economically Reckless": 12 US States Sue Trump Over Tariffs
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress.
-
"Bullying, Blackmail": US, China Exchange Barbs Over Trade War At UN
The Chinese envoy took direct aim at the United States, saying the government headed by Donald Trump "severely disrupts the global economic order" by imposing shock tariffs on its trading partners.
-
US Considering Slashing China Tariffs To Between 50-65%: Report
The US government is considering cutting its tariffs on Chinese imports in a bid to de-escalate tensions with Beijing, the Wall Street Journal reported on Wednesday.
-
Tesla Says India's 100 Percent Car Tariffs Make Customers Anxious
Tesla has long wanted to sell in the world's third-largest car market, but high tariffs, which its chief Elon Musk has said are among the steepest in the world, have been a deterrent. Even so, Tesla has in recent weeks finalised some showroom space in India and posted more than two dozen jobs, signalling it is getting closer to a launch
