Dollar Drifts as World Braces for Trump’s Reciprocal Tariffs
The dollar wobbled on Tuesday after a bruising quarter as weary investors braced for reciprocal tariffs from US President Donald Trump this week, a move…
Tag: USA
China Rebuffs Trump Offer of Tariff Concessions if Beijing Agrees TikTok Deal
China rebuffed on Thursday a suggestion from US President Donald Trump that he might offer to reduce tariffs on the country to get Beijing’s approval…
Sharp fluctuations in US technology sector following unusual losses since 2022
Two experts described the future of technology sector companies in the United States as volatile, especially in light of the escalating competition from several markets,…
US stock market loses $4 trillion in value as Trump ploughs ahead on tariffs
President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from…
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla’s (TSLA) stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The…
US government funding yielded hundreds of patents for China-based researchers
By Michael Martina The U.S. Defence Department, NASA and other government agencies funded research that led to more than 1,000 U.S. patents for China-based inventors…
Oil Extends Drop as Middle East Push, China Demand Worries Weigh
Oil extended the biggest drop in two weeks as the US said Israel accepted a cease-fire proposal in Gaza, potentially easing supply risks amid mounting…
South Sudan narrowly avoids huge shock for USA basketball
The United States came from 16 points down to avoid one of the biggest shocks in basketball history in a dramatic 101-100 victory over South…
China warns US not to step on its ‘red lines’
Chinese Foreign Minister Wang Yi has cautioned his US counterpart Antony Blinken against stepping on China’s “red lines”, as the two country’s top diplomats met…
TikTok will not be sold, Chinese parent tells US
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell…