Tag: tariffs

The Ellison Challenge: Billionaire Family disrupts Netflix-WBD Pact

The acquisition of Warner Bros Discovery has turned into a proxy war between Netflix and the billionaire Ellison family. Netflix is reportedly switching to an all-cash offer for its $83 billion purchase of WBD’s studios and streaming business, a move designed to counter a hostile $108.4 billion bid from Paramount Skydance, controlled by the Ellisons. Larry Ellison, the co-founder of Oracle, has put up a...

Trump Re-Engages: Claims He Can End “Complicated” Nile Argument

Donald Trump claims he can end the "complicated" argument over the Nile River. The former President has reached out to Egypt with an offer to resume U.S. mediation regarding the Grand Ethiopian Renaissance Dam, a project that has caused significant tension with Ethiopia. Trump’s proposal focuses on U.S. oversight. He believes that with "strong United States role in monitoring," a deal can be reached. The...
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Powell’s Prudent Pause: Fed Waits on Tariffs Before Rate Moves

Federal Reserve Chair Jerome Powell is opting for a prudent pause, asserting that the Fed will wait to fully understand the impact of tariffs...

Trump’s Bold Play: Make Phones in US or Pay a Quarter More

Donald Trump is making a bold play, stating that phone manufacturers must make their devices in the US or consumers will pay a quarter...

Trump’s Tariff Authority Questioned: Appeals Court Grants Temporary Stay

The legal foundation of President Trump's tariff authority has been questioned by a US trade court, which ruled his tariffs illegal. However, an appeals...

California Sues Trump Over “Unlawful Tariffs,” Calling Them a Threat to Jobs and Economy

California Governor Gavin Newsom has announced a major legal move against former President Donald Trump, filing a lawsuit over what he calls “unlawful tariffs”...

Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty

U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock...

Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push

In a fresh turn in his ever-evolving trade policy, U.S. President Donald Trump has hinted at potential tariff relief for automakers, even as his...

Tariffs, Trade Wars, and Economic Myths: Rethinking Trump’s Nod to History

On what former U.S. President Donald Trump dubbed “Liberation Day,” he launched a wave of so-called “reciprocal” tariffs targeting dozens of nations, igniting debate...

South Dakota Farmers Caught Between Hope and Hardship in Trump’s Trade War Gamble

In the rolling fields of Avon, South Dakota, Tanner Hento watches as his autonomous tractor glides across the land, planting soybeans and dispensing fertilizer...

Trump Doubles Down on Trade War Amid Global Backlash and Economic Strain

Despite growing criticism from Wall Street, international allies, and economists, U.S. President Donald Trump has reaffirmed his commitment to his aggressive trade policies, insisting...