The US relies on China for key medicines. They won't be spared from tariffs
President Trump's tariffs in China are in place, striking all products imported from the country, including many of the medicines Americans rely on. China's imports account for a significant proportion of US prescriptions and counter drugs. Many Chinese-made drugs are generics, accounting for 91% of prescriptions dispensed in the US “The Chinese market is the […]
Tesla’s China EV Sales Slip 11.5% in January as Competition Heats Up
Elon Musk's Tesla saw a 11.5% drop in Chinese EV sales during January as domestic rivals continued to gain position in the world's largest automotive market. CNBC Report Elon Musk and Tesla faced a setback in China as car sales fell 11.5% in January compared to the same month last year. The company sold 63,238 […]
Trump delayed tariffs on low-cost packages from China
President Trump signed an executive order this week to temporarily prevent low-cost packages from China from being slapped at his new tariffs. The move delays the suspension of the “minimum” provisions, part of a customs policy that allows items under $800 to avoid import fees. Trump said on February 1st. order It imposed a 10% […]
DeepSeek concerns prompt GOP lawmaker’s moves to crack down on China exports
First on FOX: The top Republican Republicans are moving to make it difficult for China to source advanced US technology amid long-standing concerns about the theft of intellectual property by Beijing. “My proposed law establishes safeguards to prevent future shocks like the development of China's Deepseek using American technology. Committee Chairman Mark Green, R-Tenn. told […]
Trump admin sanctions ‘front company’ selling oil to China to allegedly fund Iranian military and terrorist groups
On Thursday, the Trump administration approved individuals from an international network accused of selling millions of Iranian oil to China to fund Iranian military and terrorist proxies. The new sanctions come days after President Trump vowed to put “the greatest pressure” on Iran. “The United States does not tolerate Iran's destructive and unstable behavior and […]
If China shares AI, the US can't afford to lock it out
When Chinese company Deepseek launched its latest AI model, shocking With policy makers Breaking The stock market has exposed the paradox. Freely available software that parrots the Chinese Communist Party is now free to modify. Deepseek's open source model rival People from the US Lab of Closed Sauce, and now Almost downloaded Globally app. But […]
China Harasses Google to Get Revenge for Trump’s Tariffs
China's retaliation against President Donald Trump's tariffs has so far included collections of imported American energy products, additional fees for imported American agricultural equipment, and Google's imposing antitrust laws. Includes surveys. While the Chinese are also threatening several other American companies, Google looks like its biggest target to date. The Chinese government is Bombardment In […]
Migrant from China arrested by Coast Guard officials in Bahamas
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Mattel shares spike 15% after toy giant says it will raise Barbie prices because of China tariffs
Mattel's shares skyrocketed more than 15% after Toy Giant said it was weighing the price rise of Barbie and other iconic brands due to Trump's tariffs on Chinese products. El Segundo, California-based company – Hot Wheels, Fisher Price and American Girl, but also produces the majority of Chinese toys and is currently subject to 10% […]
Postal Service to resume accepting packages from China, Hong Kong
The US postal service has announced it will resume accepting packages from China and Hong Kong, turning the course back after saying it will not include parcels following the newly imposed tariffs on China. Postal service I said it in Wednesday's notice “We will continue to accept all international inbound emails and packages from China […]