Author: Binyamin Appelbaum
Trump said repeatedly that the tariffs are “reciprocal,” but that’s not true. The rates were calculated using a childish formula based on trade imbalances.Read More
U.S. stocks experienced sharp declines Thursday as markets reacted to President Donald Trump’s newly unveiled tariff plan.Read More
US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.Read More
Gold’s meteoric rise continues, with the precious metal setting its 21st record high of the year.Read More
President Trump’s announcement of a 10% baseline tariff on all imports, set to take effect on April 5, marks a significant shift in U.S. trade policy.Read More
Commerce Secretary Howard Lutnick said President Trump should run the global economy as markets plummet due to the onset of Wednesday’s tariff announcement for a range of nations. “Let Donald Trump…Read More
In its first months, U.S. President Donald Trump’s administration has moved to deter China from threatening its neighbors, signalling that the U.S. will ramp up its military presence in the Indo-Pacific and offer more support to Taiwan.Read More
The U.S. Agency for Global Media was working before Trump decimated it. Congress needs to hold hearings on what to do now.Read More
The second installment of Billboard Japan’s series breaking down the trends of MAJ will focus on entries in the Top Global Hit From Japan category.Read More
U.S. President Donald Trump’s sweeping reciprocal tariffs could hamstring Big Tech’s billion-dollar efforts to build artificial intelligence infrastructure in the country, likely undermining a key goal of the administration, analysts said on Thursday. Trump and technology executives have touted lofty plans by Oracle, SoftBank and others to invest heavily in artificial intelligence since his return to the White House earlier this year. On Wednesday, Trump slapped steep duties on leading technology equipment suppliers including 34% on China, 32% on Taiwan and 25% on South Korea while imposing a 10% baseline tariff on all imports to the U.S.Read More