China said Tuesday it would counter President Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust investigation into Google and other trade measures aimed at the U.S., ratcheting up trade tensions between the two economic heavyweights. U.S. tariffs on products from Canada and Mexico were … Read more
Advertisment Stock futures were slightly lower on Tuesday after China slapped tariffs on U.S. imports, retaliating to U.S. duties on exports from Beijing. Futures for the Dow Jones Industrials handed back 123 points, or 0.3% to 44,432. Futures for the S&P 500 withered 9.25 points to 6,013. Futures for the tech-heavy NASDAQ … Read more
San Salvador, El Salvador — U.S. Secretary of State Marco Rubio said late Monday that El Salvador’s president has offered to accept deportees from the U.S. of any nationality, including violent American criminals now imprisoned in the United States. President Nayib Bukele “has agreed to the most unprecedented, extraordinary, extraordinary migratory agreement anywhere in the … Read more
Canada’s federal government in Ottawa has announced plans to impose retaliatory tariffs on $155 billion worth of U.S. imports as the country prepares for a trade war with America. Specifically, the government of Prime Minister Justin Trudeau is placing 25% tariffs on U.S. goods ranging from orange juice to bourbon as they … Read more
Swiss audio gear makers Lenco announced today, that a handful of their most recent turntables and record players, including the $449 belt-driven LBT-345WA and the $329 direct drive L-3810, are now available for Americans to purchase on Amazon and through a new partnership with hi-fi retailer Audio Advice. According to a Lenco press release, seven … Read more
Advertisment U.S. stocks rapidly made back ground after the U.S. and Mexico said tariffs against the trading partner would be paused for one month. The Dow Jones Industrials backpedaled 165.34 points to 44,379.32. The S&P 500 slumped 51.26 points to 5,989.27 The NASDAQ fell 247.45 points, or 1.2%, to 19.379.99 Stocks … Read more
International oil and gas prices will see a limited short-term impact from President Trump’s new tariffs on Canada, Mexico, and China, according to Goldman Sachs. On Saturday, the U.S. Administration announced that additional tariffs would be implemented on February 4 on these countries. Canada and Mexico face 25% tariffs, … Read more
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of … Read more
The Federal Aviation Administration was using a backup system to send real-time safety alerts to pilots late Saturday because its primary one was “experiencing a temporary outage,” the Transportation Department said. “The primary NOTAM system is experiencing a temporary outage, but there is currently no impact to the National Airspace System because a backup system … Read more
A senior Trump official meets with Venezuela’s Maduro A senior Trump official meets with Venezuela’s Maduro 00:28 Six Americans who had been detained in Venezuela in recent months were freed by the government of President Nicolás Maduro after he met Friday with a Trump administration official tasked with urging the authoritarian leader to take back … Read more