Lutnick: Trump administration aims to ease tariff tensions, but wants to ensure proper trade with China.
In a recent interview, Commerce Secretary Howard Lutnick shared that the Trump administration is looking to end the ongoing tariff conflict, but believes the trade situation with China needs to be addressed correctly first. “The president really wants to collaborate with China to find a solution,” he mentioned during a segment on Fox News. “He’s […]
5 key points to consider as US and China begin trade discussions
President Trump made a clear statement on Friday about his intention to ramp up the trade war with China, which began last month. In a post on True Society, he expressed that “China’s 80% tariffs seem right!” and advised Treasury Secretary Scott Bescent to reduce China’s current tariffs, which are sitting at 145%. Bescent will […]
African investors view Trump’s upheaval as a possible pivotal moment.
BEVERLY HILLS, Calif. — African investors are viewing the chaotic situation as a potential opportunity since President Trump is back in the White House, despite the challenges posed by cuts in foreign aid and unexpected tariff decisions. This perspective came from Vice Gen. Issah Adam Yakubu, the former Chief of Staff of the Ghanaian Navy, […]
Crypto sector disregards unsuccessful stablecoin voting results
The crypto sector is not viewing a failed vote on a stability committee bill in the Senate as the end. They remain optimistic about recent progress in the legislative landscape. On Thursday, Democrats halted the Senate’s movement on the proposed legislation. The bill received a vote of 48-49, falling short of the 60 votes required […]
It’s absurd to believe that Trump is acting for his own financial gain.
On Friday, White House spokesperson Caroline Leavitt dismissed the idea that President Trump has personally profited from his presidency, suggesting reporters instead focus on inquiries regarding his family’s business activities during his term. With Trump set to travel to the Middle East next week, Leavitt responded to questions about whether his family will accompany him […]
Trump dismisses three Democrats from the Consumer Product Safety Commission
President Trump recently dismissed three Democrats from the Consumer Product Safety Commission (CPSC), according to White House officials. This action aligns with his belief that the president holds authority over independent agencies. The CPSC is responsible for establishing safety standards and banning products deemed hazardous to consumers. Their work includes product recalls, analyzing potential dangers, […]
Postal Service encounters financial challenges, reports $3.3B loss
The USPS is currently facing significant “economic challenges,” reporting a net loss of $3.3 billion in the last quarter. This is nearly double the losses from the same period last year, largely due to mandatory costs associated with federal employee benefits and other unexpected expenses. “As we celebrate 250 years of service to our nation, […]
Are you engaging in “quiet quitting” at your job?
You recall the terms “quiet smoking ban” and “quiet firing,” right? They’ve been significant trends in workplaces recently. A quiet resignation describes an employee who does the bare minimum at their job, steering clear of overtime, volunteering, or stepping outside of their assigned tasks. During the pandemic, many workers reassessed their relationship with work, seeking […]
American car manufacturers criticize Trump’s trade agreement with the UK
President Trump faced criticism from the three major American automakers on Friday regarding a newly announced trade agreement with the UK. This deal, revealed on Thursday, marks the administration’s initial bilateral trade agreement after the suspension of its “mutual” tariff system with several primary US trading partners. The UK’s automotive sector expressed optimism, as the […]
Trump suggests Republicans “might want to avoid” increasing taxes on the wealthy.
On Friday, President Trump remarked about the wealthy, suggesting that they “maybe ‘may not’” face tax hikes. He added that it wouldn’t be a major issue if that were the case as Capitol Hill Republicans worked through the details of his legislative agenda. This proposal emerged just a day after news indicated that Trump was […]