
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing -- analysts say China has plenty of options if it wants to reply to fresh US levies.
Apple on Monday called a pornography app available for iPhones in the European Union a danger to children, saying landmark digital rules there allowed it to get on to its handsets via an alternative to its App Store.
Asian equities bounced Tuesday, while the Mexican peso and Canadian dollar rallied after Donald Trump said he would delay the imposition of stiff tariffs on imports from the US neighbours, soothing trade war worries for now.
France hosts top tech players next week at an artificial intelligence summit meant as a "wake-up call" for Europe as it struggles with AI challenges from the United States and China. "The summit comes at exactly the right time for this wake-up call for France and Europe, and to show we are in position" to take advantage of the technology, an official in Macron's office told reporters.
Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the unprecedented power that President Donald Trump has handed to the world's richest man. Musk's powers have seemed almost unbounded, leading to accusations by Democrats of an unconstitutional power grab by both him and his fellow business mogul Trump.
After the loss of more than 10,000 homes in last month's Los Angeles fires, the region faces a daunting challenge to rebuild with a tight labor market, constrained construction supplies and strict regulations. Supplies have remained tight for some construction materials.
They're booing the American national anthem, cancelling holidays in the United States, and boycotting American products: Canadians are responding to US President Donald Trump's tariff threats with anger and patriotic spending. Canadian sports fans have also expressed their anger, booing the US national anthem at a Toronto Raptors' home NBA game against the Los Angeles Clippers on Sunday.
Elon Musk's aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics.
US President Donald Trump paused tariffs on Mexico for one month after last-minute talks Monday -- but there was no breakthrough yet in negotiations with Canada on an issue that has sparked fears of a global trade war. - Markets slump - Spiralling fears of a global trade war had earlier sent US, European and Asian markets into a fall.
Economy
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