Your Pulse On America: Live And Unfiltered
Stock markets shuddered on Friday as the trade war between the United States and China continued to escalate. The Stoxx Europe 600 index slipped about 1 percent after China raised its tariffs on U.S. imports to 125 percent. Futures trading suggested that the S&P 500 index was set to open slightly higher, reversing earlier losses,…
Tesla has stopped accepting new orders in China for two car models that it imports from a factory in the United States, after the Chinese government imposed steep tariffs on American imports. On Friday, Tesla’s website in China removed the “order” button from the Model S sedan and Model X sport utility vehicle. Customers still…
China responded to President Trump’s tariffs on Friday, raising its own tariffs on American goods to 125 percent, from 84 percent. The announcement by China’s State Council came after Trump administration officials clarified on Thursday that China was now facing a minimum tariff rate of 145 percent on all exports to United States. China said…
The Chinese internet giant ByteDance has made some of the world’s most popular apps: TikTok and, in China, Douyin and Toutiao. In the United States, TikTok claims 170 million users. But in China, about 700 million use the domestic version, Douyin, and 300 million scroll the headlines on Toutiao, a news app. Every video that…
The stock market resumed its slide on Thursday, as the White House clarified that Chinese imports would face a tariff of 145 percent, prompting renewed investor angst over an escalating trade war between the world’s two largest economies. The S&P 500 fell 3.5 percent, a day after recording its best gain since 2008. The drop…
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. The brinkmanship displayed by the two countries has already far exceeded the battles they waged during President Trump’s first term. In 2018…
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters in Cupertino, California, on Sept. 9, 2024. Justin Sullivan | Getty Images Apple shares skyrocketed 15% on Wednesday after President Donald Trump announced a 90-day pause on his administration’s “reciprocal tariffs,” which would have affected the company’s production…
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Mortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a swift pace. Mortgage rates follow loosely the yield on the 10-year Treasury. Some speculate…
Aerial view of containers for export sitting stacked at Qingdao Qianwan Container Terminal on April 5, 2025 in Qingdao, Shandong Province of China. Vcg | Visual China Group | Getty Images The United Nations shipping agency is on the cusp of introducing binding regulations to phase out fossil fuel use in global shipping — with…
U.S. President Donald Trump speaks, on the day he signs energy-related executive orders at the White House in Washington, D.C., U.S., April 8, 2025. Nathan Howard | Reuters A new round of steep tariffs imposed by President Donald Trump took effect early Wednesday morning on products imported from scores of countries around the world. The…