In a scathing “Weekend Update” segment on Saturday Night Live, Colin Jost didn’t just criticize President Donald Trump’s tariffs that have wreaked havoc on the global economy; he also took aim at the tech CEOs who claimed to be surprised by their fallout. “The CEOs of many tech companies who supported Trump’s campaign said they … Read more
In a major win for U.S. tech giants, President Donald Trump has excluded smartphones, computers, and other electronics from the latest round of sweeping tariffs on Chinese imports. The move, which eases pressure on companies like Apple, Nvidia, and Dell, comes amid rising fears of a global trade war. The U.S. Customs and Border Protection … Read more
China will impose 125% tariffs on U.S. goods starting Saturday, up from the previously announced 84%, as the trade war between the world’s two most powerful nations continues. “The U.S.’s imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws, and common sense,” Beijing’s State Council Tariff Commission said in … Read more
[WASHINGTON, DC] US President Donald Trump’s “Liberation Day” tariff announcement set off the most volatile stretch of his second term, with financial markets descending into chaos, China unleashing retaliatory measures and the president pausing some levies only hours after they took effect. The whiplash made for a dramatic reminder to shoppers and companies that … Read more
European countries have pledged billions in new military support for Ukraine amid its ongoing battle with Russia. The announcement came on Friday, April 11, during a significant diplomatic development — US envoy Steve Witkoff met with Russian President Vladimir Putin in Saint Petersburg, aiming to initiate a path toward ending the war. With the conflict … Read more
President Donald Trump’s decision to pause sweeping tariffs for over 75 countries—except China—is being hailed as a strategic move by his supporters. However, this shift appears more like a course correction than a calculated economic strategy. While markets briefly surged following the announcement, the bigger picture reveals an inconsistent policy that has weakened trust in … Read more
President Donald Trump’s tariff hike on Chinese imports will effectively end most trade between the U.S. and China, according to economist Erica York. “It depends on how narrowly the tariff is applied or how broadly it’s applied, but generally if you get north of a triple-digit tariff, you are cutting off most trade,”said York, vice … Read more
In a bold new forecast, Elon Musk has once again captured the attention of the crypto world by predicting that Dogecoin could generate savings of up to $150 billion by fiscal year 2026. The statement has triggered widespread debate among investors, analysts, and crypto enthusiasts, reigniting interest in the meme-based cryptocurrency. Quick Summary Elon Musk’s … Read more
In a whirlwind week that left markets shaken and global leaders on edge, President Donald Trump did what few expected — he announced massive tariffs, only to pull back just days later, triggering wild swings in the economy. “You’ve got the markets seeing your brilliance,” said Sen. John Barrasso to Trump — a moment that … Read more
Wall Street’s response to Trump’s tariff reversal is not a victory lap for investors — it’s a gasp for oxygen. Nathan Howard/Reuters “I guess they say it was the biggest day in financial history,” President Donald Trump told reporters Wednesday afternoon. Later, in an apparent hot-mic moment, he told a fawning senator that the market was … Read more