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Elon Musk reportedly decided to scale back his role at the White House Department of Government Efficiency (DOGE) following a denial by President Donald Trump of a secret briefing on China. What Happened: Former White House chief strategist Steve Bannon described this as a pivotal...

Xi Jinping‘s China has expressed serious concerns over the U.S.’s Golden Dome missile defense shield project, urging the U.S. to reconsider the initiative. What Happened: Mao Ning, the Chinese foreign ministry spokesperson, voiced China’s worries over the project, indicating it...

A Texas-based experiment reveals that U.S. consumers are not favoring domestically produced showerheads, despite the imposition of tariffs on Asian imports. What Happened: Ramon van Meer, a marketer of showerheads, conducted an online experiment to understand consumer preference between ‘Made...

The Port of Los Angeles, one of the largest import gateways in the U.S., has issued a warning that the recent reduction in tariffs on Chinese goods may not be enough to reverse the declining cargo volume. What Happened: Cargo volumes at the Port of Los Angeles have been on a downward trend. To...

Tesla Inc. (NASDAQ:TSLA) is reportedly preparing to restart the shipping of components from China to the U.S. for the production of its Cybercab and Semi trucks. This move follows a recent truce over tariffs between the U.S. and China. What Happened: The tariff truce, announced...

The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London’s ongoing efforts to rebuild its relations with Beijing. What Happened: The trade pact, which imposes strict security...

In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between the U.S. and China. He also pledged economic support to LatAm and Caribbean countries and called for the region to...

In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to boost Apple’s investment in U.S. operations. “I...

The 145% tariff on Chinese imports, previously imposed by President Donald Trump, has reportedly put Walmart and Target supplier’s Huntar Company Inc.’s factory in China at risk of shutting down. What Happened: The tariff, which was effective from April 9, has caused a significant...

Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...

Piper Sandler analyst Harsh Kumar has projected a potential data center annual revenue loss of $9.8 billion for Nvidia Corp. (NASDAQ:NVDA) due to a slowdown in capital expenditure (capex) and an ongoing decoupling from China. What Happened: Kumar’s latest sensitivity analysis indicates a...

Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened:  During an interview with Yahoo Finance at the Milken...

In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened:  China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...

In a potential move towards de-escalation, China’s Commerce Ministry is said to be ‘assessing’ a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump. What Happened: The U.S. has extended an olive branch to Xi Jinping‘s China, proposing talks...