The United States has made a big change in how it handles small packages coming from China. Starting May 2, there is no longer a special rule that let these packages enter the country without extra taxes. This rule, called the de minimis exemption, used to let companies like Temu, Shein, and AliExpr
Oil is a big deal for Iran. It makes up over 40% of the country's exports. So, when Trump threatened to punish countries buying Iranian oil, it was a significant move. This threat came just after planned talks between the US and Iran were delayed. The talks, set to happen in Rome, were supposed to d
The U. S. and China are the two biggest players in the global economy. They have been in a trade war for a while. Now, China is considering if it wants to start talking to the U. S. again. This could be a big deal for the world's economy. The U. S. has been trying to start talks with China. They wan
The recent escalation in tensions between the United States and Iran has taken a new turn. The U. S. President has declared a tough stance against Iran's oil exports. This move is part of a broader strategy to pressure Iran, especially as talks about its nuclear program stall. The president has warn
A prominent figure in politics recently sat down for a chat about his first 100 days in office. This individual, known for his strong views, addressed concerns about the economy and trade policies. He was optimistic about the future, despite many people feeling anxious. During this conversation, he
A significant change is coming to how Americans buy goods from China and Hong Kong. A special rule, known as the de minimis exemption, is being phased out. This rule allowed items worth up to $800 to enter the U. S. without tariffs or customs forms. This exemption was a big deal for shoppers and ret
The financial world in Asia-Pacific was quite calm on Monday. Investors were busy evaluating China's plans to boost local businesses. They were also keeping an eye on the ongoing trade talks between the U. S. and various countries in the region. China's finance minister, Lan Fo'an, had made some bi
Trump has been quite vocal about his interactions with China. The US President has claimed that Xi Jinping, China's leader, has been in touch with him. This is quite a bold statement, considering that China has not confirmed any such contact. Trump even went as far as to say that he has se
Political leaders often find that their bold plans hit a snag when they clash with market realities. The stock market and bond yields have proven to be powerful influences, shaping the decisions of key figures in recent times. The market's influence is evident in the shifts seen in economic policie
The trade battle between the United States and China has been heating up. The world's two largest economies are at odds, and it's causing waves in global markets. This is not just about money. It's about the future of both countries' economies. The US wants China to rely less on making stuff to
