“They didn’t actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country’s exports to us.”
The leading cryptocurrency recently changed hands a bit above $83,000, dropping from near $88,000 just before Trump unveiled the trade policies late this afternoon.
“So far, the African continent has been largely unaffected,” an analyst noted, citing limited direct exposure to U.S. tariffs.
“The use of military force by Iran’s opponents in the context of the settlement is illegal and unacceptable.’ – Maria Zakharova, Russia’s foreign ministry spokeswoman”
“Former President Trump falsely claimed that 94% of Japanese cars are made in Japan during a speech announcing sweeping new tariffs.”
“President Trump announced a 10% baseline tariff on all imports, with steeper rates targeting China (34%), the EU (20%), and other trade partners, vowing to end decades of ‘economic looting.’”
US airstrikes continue to target Houthi-controlled areas in Yemen, with casualties rising amid tensions linked to regional conflicts. The Biden administration asserts the strikes are part of a broader effort to counter Iran’s influence and restore maritime security.
Big US technology companies have been offered a significant tax cut by Keir Starmer in return for lower tariffs from Donald Trump’s administration as the UK braces itself for a global trade war.
Top presidential adviser Mike Waltz reportedly kept “potentially exploitable” information on his private email
Germany launches first permanent foreign deployment since WWII – and it’s on Putin’s doorstep
