China
The Trump administration has updated its tariff policy to exempt certain electronics—like smartphones, computers, semiconductors, and flat panel displays—from steep global tariffs. This exemption, effective for goods entering the U.S. or leaving warehouses starting April 5, was detailed in new guidance from U.S. Customs and Border Protection and a presidential memo issued Saturday. The exemptions […]
American consumers are seeing a new “tariff surcharge” line on receipts as companies respond to steep import tariffs, especially on goods from China. Despite a 90-day tariff pause by President Trump, many businesses are passing on added costs to customers through flat fees or percentage-based surcharges. For example, Dame, a sexual wellness company, added a […]
China announced a significant retaliatory tariff of 84% on U.S. goods in response to President Donald Trump’s latest tariff policies. Effective April 10, this increase marks a rise from the previous 34% tariff. Meanwhile, U.S. tariffs on Chinese goods have escalated to 104% after China failed to meet Trump’s deadline to reduce its own tariffs. […]
China announced it will impose a 34% tariff on all U.S. imports starting April 10, matching the recent U.S. tariff imposed by President Trump. The Commerce Ministry also revealed plans for stricter export controls on rare earth materials crucial for high-tech products. Following the announcement, Asian and European markets saw significant declines. Germany’s DAX fell […]
The U.S. government has implemented a ban prohibiting American government personnel in China, along with their family members and contractors with security clearances, from engaging in any romantic or sexual relationships with Chinese citizens. This policy, enacted by departing U.S. Ambassador Nicholas Burns in January, is a significant expansion of previous rules that only restricted […]
Mount Tai, a challenging 5,000-foot mountain in China’s Shandong province, is infamous for its 7,000 steps that leave even the fittest climbers exhausted. To ease the strain, AI-powered robotic exoskeletons were introduced on January 29, during Chinese New Year. Developed by Taishan Cultural Tourism Group and Kenqing Technology, these lightweight, wearable devices assist users by […]
Global stock markets experienced a significant downturn following President Trump’s announcement of tariffs on imports from key trading partners, including Mexico, Canada, and China. Trump imposed a 25% tariff on most goods from Canada and Mexico, along with a 10% tariff on goods from China. Global stocks slide as Trump imposes tariffs on imports : […]
Wall Street faced a steep sell-off Monday as investors reacted to the rapid rise of Chinese artificial intelligence company DeepSeek, which introduced a new, cost-efficient AI model that has disrupted the market. DeepSeek’s app quickly climbed to the top of Apple’s U.S. App Store, surpassing OpenAI’s ChatGPT in downloads. This development has sent shockwaves through […]
A federal appeals court has upheld a law mandating TikTok to divest from its China-based parent company, ByteDance, or face a U.S. ban by January 19, 2025. The court rejected TikTok’s claims that the law violates the First and Fifth Amendments, ruling that it aims to protect U.S. citizens from foreign influence and data security […]
China has ended its international adoption program, a decision that has shocked and angered families still in the process of adopting, while bringing mixed reactions from adoptees. Over three decades, many children from China were adopted internationally, with more than half finding homes in the U.S. However, Chinese adoptees, now young adults, have expressed relief […]
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