Businesses spent years diversifying away from China. Trump’s trade war could destroy those economies

For Tim Hsu, who sells modern lamps and ceiling lights mostly to American customers, US President Donald Trump’s historic tariff announcement has upended his carefully made plans. Last year, the Taiwanese businessman decided to invest in Cambodia to diversify his production base beyond his traditional stronghold of south China. He was preemptively hedging against the …

READ MORE

7 dead as relentless spring storms unleash ‘catastrophic’ rainfall: Updates

Widespread flooding was ongoing Thursday across the central U.S. as an atmospheric river hung over a vast swath of the country, leaving tens of thousands without power as the death toll climbed and forecasters warned of worsening conditions. Tornadoes were reported from Arkansas to Illinois on Wednesday and early Thursday, according to the National Weather …

READ MORE

Trump fires top boss at NSA, nation’s elite spy agency

WASHINGTON – The Trump administration ousted the director of the National Security Agency Thursday night, according to top congressional Democrats who decried the firing as making the U.S. less safe from cyber intelligence espionage activities by China and other U.S. adversaries. Gen. Timothy Haugh, who was chief of U.S. Cyber Command in addition to leading …

READ MORE

China files complaint with WTO over new US tariffs

GENEVA (Reuters) – China said it had opened a formal complaint against the new U.S. tariffs with the World Trade Organization on Friday, saying the measures violate WTO rules and requesting consultations. Earlier, China announced retaliatory additional tariffs of 34% on U.S. goods, the most serious escalation in a trade war with President Donald Trump …

READ MORE

Canada’s new PM backpedals, renounces prior comments, reaffirms crucial U.S. security alliance

The new Prime Minister of Canada is now backtracking and calling America "the most important security ally." Previously, he said the relationship between our countries was over. The knee is already bent. pic.twitter.com/doudLSs4eL — Gunther Eagleman™ (@GuntherEagleman) April 3, 2025 Mark Carney saying Canada is cutting off all ties with the U.S. is sheer stupidity. …

READ MORE

Tariff economic armageddon crushing tech: iPhone prices could triple, AI progress slow

“TARIFF ECONOMIC ARMAGEDDON CRUSHING TECH: WEDBUSH 🔸 iPhones may rise from $1,000 to $3,500, slowing AI progress. 🔸 U.S. consumers will face higher tech prices. 🔸 Tariffs may cut tech earnings 15%, disrupt supply chains, and cause recession or stagflation. 🔸 Tech stocks face worst crisis in 25 years due to Trump tariffs in last …

READ MORE

Powell warns tariffs may fuel persistent inflation, economic hit bigger than expected.

🇺🇸 FED CHAIRMAN JEROME POWELL JUST SAID – ECONOMIC IMPACT OF TARIFFS LIKELY LARGER THAN EXPECTED, MUST ENSURE PRICE HIKES DON’T LEAD TO ONGOING INFLATION – TARIFFS LIKELY TO RAISE INFLATION IN COMING QUARTERS. POSSIBLE TARIFFS COULD HAVE PERSISTENT INFLATION IMPACT — Evan (@StockMKTNewz) April 4, 2025 SUMMARY OF FED CHAIR POWELL'S COMMENTS: 1. Tariffs …

READ MORE

15 Senate Dems vote to cancel billions in Israeli military aid

Fifteen Senate Democrats backed a pair of resolutions from Sen. Bernie Sanders (I-Vt.) to withhold billions of dollars in offensive weapons sales and other military aid to Israel. Why it matters: The votes split the party, revealing continued internal divisions over Democrats’ views on the war in Gaza and support for the Israeli government. The measures failed …

READ MORE

Fed Chair Powell says President Trump’s tariffs are “bigger than expected” and “risking higher inflation with slower growth.”

President Trump just accused Fed Chair Powell of always being "late" to cut rates. Despite markets pricing-in more rate cuts, Powell is saying he is willing to wait. US stocks are extending losses. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) April 4, 2025 I think he is …

READ MORE

UK Government considering ‘retaliatory action’ against Trump’s tariffs

Business Secretary Jonathan Reynolds has told the Commons that the government is considering retaliating to Donald Trump’s tariffs. He said: “I am today launching a request for input on the implications for British businesses of possible retaliatory action.” Reynolds did say the government’s belief is the best course of action is a “negotiated deal with …

READ MORE

Canadian PM Mark Carney Says Will Match Trump Auto Tariffs at 25%

Canadian Prime Minister Mark Carney spins a tale of Automaker Stellantis temporarily shutting down auto plants in Canada and Mexico as an outcome of President Trump’s tariffs. Unfortunately, the gaslighting by Carney might work on less intellectual SnowMexicans, but it fails here. Stellantis, an EU centered auto company who sell Dodge, Ram (made in Mexico) …

READ MORE

The depression of 2026 – a serious economics article written 13 years ago

Written 13 years ago.https://t.co/GeBHZEavhF — Financelot (@FinanceLancelot) April 3, 2025 “Almost all economists, financial analysts, journalists, pundits, bloggers, and armchair cynics will scoff at this prediction. But the cycle exists because people don’t believe it. Now that the US economy is recovering from the Depression of 2008, people are wondering when will be the next …

READ MORE

CNN has been a joke for decades…. When do they quit?

🇺🇸 CNN HAS 'ORANGE FILTER' ON TRUMP—JOURNALISM, OR JUST MANIPULATION? A social media storm erupted after viewers alleged CNN applied an orange tint to Trump’s face during his 'Liberation Day' speech. Critics say it mirrors past accusations that Joe Rogan’s skin tone was… https://t.co/0oQHxRIZtS pic.twitter.com/Cg0nvNPUR5 — Mario Nawfal (@MarioNawfal) April 3, 2025 View post on …

READ MORE

Former FBI Director James Comey Pays Self $6M

DOGE would like former FBI Director James Comey to explain why he authorized a $6 million payment to himself in 2016… According to the DOGE report, Comey justified the payment as a “critical security expenditure” but failed to mention that the security in question was primarily for his personal comfort and convenience. The expenditures included: …

READ MORE

Microsoft is Rethinking Its Server Farm Strategy and Pulling Back on Data Centers All Across The Globe

Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois, North Dakota …

READ MORE

Far-Left Maryland Lawmakers Pass Reparations Bill While Financial Crisis Looms

Far-left Maryland lawmakers, sitting high in their Annapolis castle, are completely detached from reality. They masquerade as public servants but are merely progressive activists who cannot govern properly. Instead of addressing the state’s incoming financial crisis and worsening power crisis, these woke lawmakers have focused on condoms for kids and other disastrous left-wing policies. It’s …

READ MORE

8 kids diagnosed with CANCER at one elementary school?

Cell phone tower shut down at elementary school after eight kids are diagnosed with cancer https://t.co/Y5cHATGbNk — Dr Dave Cartland BMedSc MBChB Ex-MRCGP (@CartlandDavid) April 2, 2025 The affected students at Weston Elementary School in Ripon are all under the age of 10 They each have different types of cancer: brain, kidney, liver and lymphoma  …

READ MORE

Trump: US open to tariff negotiations if countries offer ‘something phenomenal’

Invesitng.com — President Donald Trump said on Thursday he is open to tariff negotiations if other countries offer something phenomenal, but stopped short of providing further details. The update comes a day after Trump unveiled sweeping tariffs on all imports and higher levies on “bad actors” The president said the United States will impose reciprocal …

READ MORE