Business

U.S. and China reach tentative trade truce framework after talks in LondonU.S. and China reach tentative trade truce framework after talks in London

U.S. and China reach tentative trade truce framework after talks in London

The United States and China have agreed “in principle” to a framework aimed at easing escalating trade tensions and dismantling…

6 days ago
Elon Musk blasts Trump-backed Domestic Policy Bill as “Disgusting Abomination”Elon Musk blasts Trump-backed Domestic Policy Bill as “Disgusting Abomination”

Elon Musk blasts Trump-backed Domestic Policy Bill as “Disgusting Abomination”

Elon Musk launched a blistering online attack on Tuesday against a sweeping Republican domestic policy bill championed by President Donald…

2 weeks ago
Elon Musk sharply criticizes Trump’s tax bill, claims it undermines cost-cutting reformsElon Musk sharply criticizes Trump’s tax bill, claims it undermines cost-cutting reforms

Elon Musk sharply criticizes Trump’s tax bill, claims it undermines cost-cutting reforms

Elon Musk has issued a scathing critique of Donald Trump’s marquee tax reform bill, arguing it undermines federal cost-cutting efforts…

3 weeks ago
Shein and Temu to hike prices for U.S. shoppers due to Trump tariffsShein and Temu to hike prices for U.S. shoppers due to Trump tariffs

Shein and Temu to hike prices for U.S. shoppers due to Trump tariffs

Shein and Temu, two of the fastest-growing e-commerce platforms in the United States, are preparing to raise prices for American…

2 months ago
Trump administration has to do 150 trade deals during 90-day tariff pause, markets skepticalTrump administration has to do 150 trade deals during 90-day tariff pause, markets skeptical

Trump administration has to do 150 trade deals during 90-day tariff pause, markets skeptical

Trump’s announcement of a 90-day pause on reciprocal tariffs sparked temporary optimism, yet market volatility remains high. The Dow Jones…

2 months ago
Prada acquires Versace for $1.38 billion despite tariff war uncertaintiesPrada acquires Versace for $1.38 billion despite tariff war uncertainties

Prada acquires Versace for $1.38 billion despite tariff war uncertainties

Italian luxury fashion house Prada Group has reached a deal to acquire designerVersace from Capri Holdings in a…

2 months ago
China says it won’t back down against US ‘blackmail’ with tariffsChina says it won’t back down against US ‘blackmail’ with tariffs

China says it won’t back down against US ‘blackmail’ with tariffs

Tensions escalated in the global trade arena on Tuesday as China fiercely pushed back against mounting U.S. tariffs, warning it…

2 months ago
U.S. officials claim that over 50 countries have reached out for tariff negotiationsU.S. officials claim that over 50 countries have reached out for tariff negotiations

U.S. officials claim that over 50 countries have reached out for tariff negotiations

More than 50 nations have approached the White House to initiate trade negotiations following the recent imposition of sweeping punitive…

2 months ago
President Trump makes global markets melt after unveiling reciprocal tariffsPresident Trump makes global markets melt after unveiling reciprocal tariffs

President Trump makes global markets melt after unveiling reciprocal tariffs

Global markets reeled on Thursday after President Donald Trump announced sweeping tariffs on U.S. trading partners, sending shockwaves through financial…

2 months ago
Shein and Temu look to avoid U.S. tariffs by shifting production away from ChinaShein and Temu look to avoid U.S. tariffs by shifting production away from China

Shein and Temu look to avoid U.S. tariffs by shifting production away from China

In the face of increasing uncertainty over U.S. tariffs, eCommerce behemoths Shein and Temu are making efforts to diversify their…

4 months ago