China, Trump and tariff
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Sony seems poised to up the price of PS5 hardware as well, not that long after it had already previously raised prices due to Trump's tariffs.
U.S. President Donald Trump's tariff decisions since he took office on January 20, from imposing sweeping duties to abruptly pausing some of them, have shocked financial markets and sent a wave of uncertainty through the global economy.
How “tariff zero” would expand opportunities for American exporters and help U.S. companies sell to the world.
Federal Reserve Chair Jerome Powell, who Trump recently said he’s considering firing, has a 37% approval rating, beneath the lowest approval ratings for the previous three federal reserve chairs, but above his 36% average approval rating in 2023, Gallup found.
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Sony Group is doubling down on its entertainment-first business strategy while preparing for potential headwinds from Trump administration tariffs.
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement
President Donald Trump’s tariff policies are projected to cut California’s tax revenue by $16 billion in the next fiscal year, Governor Gavin Newsom’s finance department said in a memo. The 4% drop in revenue from a previous estimate is largely due to a stock market downturn last month after the president announced his sweeping tariff campaign on April 2,
The plaintiffs, a group of small businesses who claim that Trump’s tariffs are illegal and will decimate their businesses, are represented by the Liberty Justice Center, a libertarian public interest litigation firm.