With 145% tariffs looming, experts warn of a $325 billion blow to U.S. tech, soaring iPhone costs, and major supply chain turmoil across fashion and electronics.
The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.
China reached out its hand to Australia in the hopes of making an alliance against President Donald Trump's tariffs, but Australia refused to partner with Beijing.
As U.S.-China trade tensions rise, experts warn Xi Jinping could cut rare earth exports or dump U.S. treasuries, threatening defense systems and economic stability.
White House trade advisor Peter Navarro said President Donald Trump's announcement of a pause on higher tariffs is an example of the "art of the reciprocal trade deal."