The U. S. president, Donald Trump, made a big move after chatting with China's leader, Xi. He said he'd lower tariffs on Chinese goods by 10%. This means the tariffs will drop to 47% now. The talk between these two leaders was a major part of Trump's trip to Asia. It's important because the U. S. and China have been in a trade war, with tensions running high. Trump ...
During a recent meeting in South Korea, U. S. President Donald Trump and Chinese President Xi Jinping made some big decisions. One of the key points was about fentanyl, a dangerous drug. The U. S. will now charge a lower tax, or tariff, on Chinese goods linked to fentanyl. It went from 20% to 10%. Trump believes China is serious about stopping the flow of this drug. ...
Adidas is in a bit of a tight spot. Their sales in North America took a hit, dropping by 5% in the third quarter. This isn't great news, but it's not all doom and gloom. The company's global sales actually grew by 3%, reaching a record 6. 63 billion euros. This growth is impressive, but it's not enough to make up for the loss of the Yeezy line. The Yeezy line, desig...
High-level talks between the US and China are happening. They want to stop the trade war. But it's not going to be easy. Both sides have big differences. They fight over technology, markets, and even drugs. The US wants China to buy more American soybeans. They also want China to stop sending chemicals used to make fentanyl. This drug kills many people in the US. Th...
France is making a big move. They want to charge tech giants more money. Lawmakers just voted to increase the tax on companies like Amazon, Google, and Facebook. This tax could go from 3% to 6%. It's part of their plan for the budget in 2026. This isn't just about money. It's about power. Big tech companies make lots of money in France. But they don't pay much tax t...
In a recent chat on CBS News, a key figure mentioned that the U. S. and China are making progress in their trade talks. The big news is that China is expected to start buying a lot of soybeans from the U. S. again. This is good news for American farmers who have been struggling lately. The talks between the two countries have been intense. There was even a threat of...
Trade talks between China and the U. S. have taken a step forward. Both sides have agreed on a basic plan for a deal. This includes talks about tariffs and other trade issues. The talks happened in Kuala Lumpur, Malaysia. This was during a meeting of the Association of Southeast Asian Nations. U. S. President Trump was also in Asia for a nearly weeklong trip. He is ...
President Trump kicked off his Asia tour in Malaysia with a grand entrance. He stepped off the plane in Kuala Lumpur to a lively welcome, complete with drummers and cheering crowds. This was not just a simple arrival; it was a show. Trump seemed to enjoy the spotlight, waving and smiling as he made his way to his limo, known as "The Beast, " with Malaysia's Prime Min...
China is playing a dangerous game with rare earth exports. The country has been tightening controls on these critical minerals, which are essential for many industries. This move has not gone unnoticed or unchallenged. The U. S. and China have been in talks, but China seems unwilling to back down. If no deal is reached, U. S. tariffs on China could jump to 157%. Oth...
In a bid to prevent their trade war from heating up, the U. S. and China are set to hold crucial talks in Kuala Lumpur. The meeting, happening on the sidelines of the ASEAN summit, aims to smooth things over before a potential sit-down between Presidents Trump and Xi next week. The tension kicked off when Trump threatened to slap 100% tariffs on Chinese goods and ti...