The American president has promised to target countries that charge the American import tax by matching them with a reciprocal rate. Donald Trump ordered his team to start calculating the tasks in early April – growing fears of a world trade war that could also speed up American inflation. “On the trade, I decided for … Read more
Taken at the nominal value of Donald Trump on reciprocal prices is a declaration of total trade war, which would perhaps constitute the biggest shock in peacetime for world trade. By promising to perceive taxes on imports on any nation that imposes prices or VAT for American exports, it follows a campaign promise to deal … Read more
Elon Musk joined Donald Trump in the Oval Office while the American president signed an executive decree allowing the technological billionaire to make large-scale reductions in the federal workforce. As head of the Government Ministry (DOGE), an advisory group, Mr. Musk said he wants to add “common sense checks” to the government and make sure … Read more
Donald Trump has long threatened growing prices on the goods of Mexico, Canada and China. The second president maintains that higher levies will help reduce illegal and smuggling fentanyl migration in the United States. Saturday, the president confirmed that he would submit Mexican and Canadian goods At the full rate of 25% – and Chinese … Read more
Canada and Mexico retaliated with reprisals on President Donald Trump’s strong tax on goods imported from its neighbors. Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum both announced the counter-tale on Saturday evening. Mr. Trudeau said Canada would impose 25% prices on Canadian dollars of $ 155 billion (85.9 billion pounds sterling) of … Read more
Donald Trump said that he would place 25% of prices on imports from Canada and Mexico and 10% tariffs on goods from China from today. This decision raises fears of price increases for American consumers, as the American president suggested that he would try to blunt the impact on oil imports. He threatened the prices … Read more
Donald Trump thinks that Chinese startup Deepseek, who says she has a technical advantage over American rivals, is expected to be “alarm clock” for US IA companies. Deepseek says it’s artificial intelligence Models are comparable to those of American giants, as OPENAI behind Cat And Google Gemini, but potentially a fraction of the cost. This … Read more
Chancellor Rachel Reeves has indicated she will ignore environmental objections to a third landing strip at Heathrow to prioritize economic growth, a stance likely to put her at odds with colleagues including the Home Secretary. energy, Ed Miliband. Speaking as she began a 48-hour speech to international investors at the World Economic Forum in Davos, … Read more
TikTok began restoring the app’s service in the United States after Donald Trump announced he would sign an executive order suspending its ban. A law signed by President Joe Biden last April required ByteDance, TikTok‘s China-based parent company to sell app to non-Chinese owner by Sunday or face a ban. Some users reported losing access … Read more
The government does not believe Donald Trump will impose tariffs on the UK but is “prepared for all scenarios”, a minister has said. Darren Jones, the chief secretary to the Treasury, said Sky News Sunday Morning with Trevor Phillips that the former president’s return to the White House “could be an extremely positive thing with … Read more