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This CEO Disagrees With Warren Buffett's Tariff Stance, Says Calling Trade A 'Weapon' Gives It A 'Political Context:' 'There Are Smart Tariffs And There Are Stupid Tariffs'
Tuesday, May 6, 2025 - 7:28am | 664Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened: During an interview with Yahoo Finance at the Milken...
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Mike Pence Warns Trump's 'Indiscriminate' Tariffs Could Trigger 'Price Shock' And Potential Shortages: 'Keeping Our Kids' Toys Affordable...Is Part Of The American Dream'
Tuesday, May 6, 2025 - 3:07am | 667Former Vice President Mike Pence voiced his apprehensions about President Donald Trump‘s tariff policies, hinting at potential economic fallout and shortages. What Happened: Pence, during an interview with CNN’s Kaitlan Collins, expressed his belief that the broad-based tariffs...
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China Pushes For Special Envoys As Direct Deal With Trump Deemed 'Risky', Plans Fentanyl Concessions As Negotiating Leverage: Report
Monday, May 5, 2025 - 3:37am | 667The ongoing U.S.-China trade dispute may find resolution through the reported appointment of special envoys by Presidents Donald Trump and Xi Jinping. This could pave the way for better communication channels, analysts suggest. What Happened: The U.S. and China are grappling with how to...
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Young Americans Express Discontent Over Trump's China Tariffs
Sunday, May 4, 2025 - 12:32pm | 426President Donald Trump‘s intensifying trade war with China is stirring up dissatisfaction among young Americans. What Happened: Trump’s tariffs on Chinese goods are causing disruptions for young Americans who depend on affordable Chinese products and services. These tariffs have...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Saturday, May 3, 2025 - 9:43am | 1637Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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China Turns To K-Pop For First Time Since 2016 To Spur Consumption, Strengthen Ties With South Korea Amid US Trade Tensions
Friday, May 2, 2025 - 8:41am | 497In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened: China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...
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Global Tensions To Drive Two-Year Copper Surplus, Study Group Warns
Friday, May 2, 2025 - 8:08am | 534The global copper market could experience a notable surplus over the next two years, as analysts anticipate rising production and weakening demand owing to rising international trade tensions. The International Copper Study Group (ICSG) concluded its biannual meeting in Lisbon this week, revising...
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Tim Cook Tells Commerce Secretary Lutnick How Apple 'Could' Bring iPhone Manufacturing To US
Friday, May 2, 2025 - 7:29am | 736Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...
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Xi Jinping's China Says 'Door Is Open' For Talks While It Is 'Assessing' US Trade Proposal, But Warns 'Coercion' And 'Extortion' Won't Work
Friday, May 2, 2025 - 4:53am | 606In a potential move towards de-escalation, China’s Commerce Ministry is said to be ‘assessing’ a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump. What Happened: The U.S. has extended an olive branch to Xi Jinping‘s China, proposing talks...
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UPS To Cut 20,000 Jobs, Close Facilities As Amazon Shipments Drop Amid Trump Tariffs
Wednesday, April 30, 2025 - 4:42am | 665United Parcel Service Inc. (NYSE:UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ:AMZN), its primary client, and the ongoing...
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Trump Administration Targets Biden-Era AI Chip Curbs, Could Scrap Country Tiers And Tighten Access To Nvidia's H100 Chips: Report
Wednesday, April 30, 2025 - 1:12am | 561The Donald Trump administration is reportedly considering sweeping changes to Joe Biden-era restrictions on AI chip exports. What Happened: Trump officials are weighing a significant overhaul of the Framework for Artificial Intelligence Diffusion, a rule issued in January by the U.S. Commerce...
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US, China To Ease Tariffs Gradually After 'Complex' Talks, Says Morgan Stanley — But Cuts China's Growth Outlook
Tuesday, April 29, 2025 - 8:36am | 675As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2. What Happened: Despite the...
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China Breaks Silence On Tariff Impact, Says Trump Policies Are Hurting Its Airlines And Boeing
Tuesday, April 29, 2025 - 3:56am | 582The Chinese commerce ministry stated that U.S.-imposed tariffs have adversely affected Chinese airlines and Boeing (NYSE:BA). The ministry has called on Washington to consider the grievances of these companies and promote a stable trade environment. What Happened: This marks Beijing’s first...
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Want a Trade Deal? Keep Trump Happy, Goldman Sachs Reportedly Tells Countries
Tuesday, April 29, 2025 - 3:26am | 564In a bid to navigate the impending U.S. tariffs, South Africa and several other countries have been reportedly seeking advice from Goldman Sachs since late February. What Happened: South African officials have been consulting with Goldman Sachs to devise strategies to mitigate the impact of the...
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Walmart, Home Depot, Target Push Chinese Suppliers To Resume Shipments, Agree To Absorb Tariffs: Report
Monday, April 28, 2025 - 8:29am | 633Analyst Ray Wang posted that major U.S. retailers, including Walmart and Target, have reportedly asked Chinese suppliers to resume shipments, with tariffs to be absorbed by the American retailers. What Happened: On Saturday, Wang posted on X that several Chinese exporters at the ongoing China...