Trade tensions are heating up, and history might not be on our side. The current president has started targeting foreign goods with high tariffs. China is retaliating, and there's talk of more trouble with Canada, Mexico, and Europe. Economists are worried because this reminds them of a dark time i
Ford's EV journey has been quite the rollercoaster In 2024 the company faced an electrifying challenge. They lost big money in their electric vehicle division, nearly 5. 1 billion dollars, just short of their losses from 2024. Although the company's revenue from its gasoline cars helped to make u
Have you heard about the wild ride in the equity market lately? The S&P 500, which is a popular way to track the performance of U. S. stocks, held steady. This is surprising because there's been this drama around tariffs. Tariffs are like additional taxes on goods coming into the country. It's l
Rising tensions between the US and China are intensifying after the US Postal Service suddenly stopped accepting packages from China and Hong Kong, leaving many wondering about the reasons. This unexpected move coincides with the ongoing trade disputes between the nations. The US Postal Service has
The tariff turmoil is Trump's play to push allies into toughening their security measures. Trump's use of tariffs against nations like Canada, Mexico, and China was intentionally provocative. He is forcing these countries to step up their defense commitments and reassess trade deals. This i
Imagine the US and China having a massive argument over trade. Now, the U. S starts to implement nasty 10% tariffs on all products from China. This is crucial because many consumer products we use daily in the US come from China. Electronics are big. Think cellphones and c
The markets simmer down but not out of the woods. Recent instability in the markets could have been caused by many factors but today the hot topic is the uncertainty that the tariff battle is causing. Tariff tit for tat. Some international retailers now playing hot potato. The shenanigan
In the latest round of trade tensions, China up a new ante. They placed tariffs on 15% on coal and liquefied natural gas. China also slapped a 10% tariff on crude oil, machinery used in agriculture and big-engine cars imported from the U. S. That is not all. They are also investigating Google for
US tech giants are in Beijing's cross-hairs. China's watchdog for market regulation is now investigating Google and Nvidia, and it’s mulling over a fresh probe into Intel. These moves are mostly raised as the tit-for-tat retribution for Washington’s new tariffs. In other words, China’s tech war is e
Gamers might soon face higher prices for their favorite hobby. This isn't just about enjoying a new video game after a long day. It's about understanding how taxes could impact the gaming industry. It all started when the president decided to impose new taxes on imports. The Entertainment Software
