The United States and South Korea are finalizing a major trade agreement that includes tariff reductions and significant investment commitments. The deal emerges as President Trump prepares for critical talks with China’s Xi Jinping during the APEC summit in Seoul.
A bipartisan coalition representing nearly half of Congress has filed an amicus brief challenging President Trump’s tariff authority. The Supreme Court will hear arguments next week in a case that could reshape presidential power and international trade policy.
Amazon’s reported plan to eliminate 30,000 corporate positions reflects broader industry pressures beyond pandemic overhiring. The cuts coincide with ambitious automation goals and external economic factors reshaping tech employment.
The US-China trade truce triggered immediate market reactions, but deeper structural issues remain unresolved. Semiconductor stocks rallied while safe havens retreated, but the underlying technological competition continues.
American and Chinese officials have reportedly reached a framework agreement that would pause escalating tariffs and rare earths restrictions, but the deal appears more like a temporary ceasefire than lasting peace. With both sides preparing for potential leadership changes, this agreement may simpl
The U.S. and China are moving toward a trade deal that would pause tariff escalations and address fentanyl chemicals and agricultural purchases. Meanwhile, President Trump leveraged the ASEAN summit to broker a Cambodia-Thailand ceasefire and secure critical minerals partnerships, signaling a strate
General Motors has eliminated hundreds of design engineering roles as part of organizational restructuring, sources indicate. The layoffs come just days after the automaker reported strong third-quarter earnings that boosted its stock performance significantly.
General Motors has cut hundreds of positions within its design engineering division as part of a corporate restructuring effort, according to reports from Business Insider and Bloomberg. The layoffs, described as being in the “low hundreds” by company representatives, primarily affected employees at GM’s technical center in Warren, Michigan.
The United States is preparing to investigate China’s adherence to the 2020 trade agreement, sources indicate. This move could result in additional tariffs as tensions escalate between the economic powers.
The Trump administration is preparing to file a trade investigation into China’s implementation of the 2020 trade agreement, according to reports from Washington. Sources familiar with the matter indicate this move could potentially lead to additional tariffs on Chinese imports and further escalate tensions between the world’s two largest economies.
Major Trade Agreement Nears Finalization The United States and India are finalizing a comprehensive trade deal that would significantly reduce…
Navigating Unprecedented Trade Headwinds American manufacturers are facing the highest tariff environment since 1934, with average import duties reaching 18%…
