The White House says Trump’s baseline 10% tariff is here to...
2025-05-09T19:50:23Z Share Facebook Email
US Air Force’s massive 53-aircraft runway exercise ‘sends a message you...
2025-05-09T22:01:23Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A 53-aircraft exercise put US military airpower…
Here’s where Trump’s trade talks stand
President Donald Trump is running out of time to cut trade deals before the 90-day pause on his so-called reciprocal tariffs could come back into effect.Trump said on May 6 that he's not in a rush to sign a deal. In previous weeks, the president had said that trade deals could be announced soon, only…
China’s neighbors are cracking down on exporters trying to dodge tariffs...
South Korea, Thailand, and Vietnam are cracking down on methods used by Chinese exporters to avoid President Donald Trump's high tariffs.A growing tactic used by some Chinese exporters is to ship products through neighbouring countries to falsely claim the goods are not Chinese and avoid tariffs of up to 145% in place on Chinese goods…
Trump says American kids might have fewer toys because of his...
President Donald Trump on Wednesday defended his tariff approach with China by saying American children might end up with fewer toys — and the toys they do end up with might cost more.During a Cabinet meeting at the White House, Trump was asked if he had spoken with Chinese President Xi Jinping, and the commander-in-chief…
Jensen Huang said the US and China are ‘very, very close’...
Nvidia CEO Jensen Huang said the US and China are neck and neck in the race for AI chip dominance and that America needs to implement energy policies that will accelerate emerging tech industries.Huang told reporters on Capitol Hill Wednesday that "China is not behind" the US. And, when asked if China is ahead, Huang…
One chart that shows how China seized the lead in the...
Tesla and Waymo are locked in a race to build self-driving cars, but their Chinese rivals may be leaving them in the dust.More than half of the cars sold in China last year were equipped with advanced driver assistance tech, compared to less than 40% in the US, according to data compiled by consulting firm…
I’m a luxury handbag authenticator. Here’s why you should avoid Chinese...
This as-told-to essay is based on a conversation with Koyaana Redstar, the head of luxury buying at Luxe Du Jour, an online luxury boutique for vintage designer handbags. It has been edited for length and clarity.I've worked for Rebag, The RealReal, and other vintage consignment stores and have 20 years of experience in the resale…
80% of small businesses that buy from China could ‘just die’...
The CEO of logistics company Flexport has a grim forecast for what could happen if the US sticks to its tariffs on China.The US's 145% duty on Chinese products could lead to "mass bankruptcies," Flexport's CEO, Ryan Petersen, said on an episode of '"The Prof G Pod," which aired on Friday."You're talking like 80% of…
Tesla’s ‘dismal’ quarter was rescued by a lucrative side hustle. That...
One of the few bright spots of Tesla's dire earnings is now in the crosshairs of Trump's tariffs.The EV maker's energy generation and storage business, which includes Tesla's Megapack and Powerwall battery systems, brought in $2.73 billion in the first three months of 2025, up 67% from last year.Those strong numbers put a gloss on…