Trump Will Hit Mexico, Canada and China With Tariffs

Trump Will Hit Mexico, Canada and China With Tariffs

The Trump administration plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept deportees and stop the flow of migrants and drugs into the country. In a press briefing Friday, White House press secretary Karoline Leavitt said the … Read more

Fighter jets scrambled from Alaska and Canada as Russian warplanes spotted in the Arctic, NORAD says

Fighter jets scrambled from Alaska and Canada as Russian warplanes spotted in the Arctic, NORAD says

A combat air patrol of American and Canadian fighter jets was scrambled this week after multiple Russian warplanes were spotted in the Arctic, the North American Aerospace Defense Command said Thursday, marking the latest military incident to unfold in a region that is drawing increasing scrutiny. The Russian aircraft, which remained in international airspace, were … Read more

Trump’s Deportations Only Work if Countries Agree to Take Their Citizens Back

Trump’s Deportations Only Work if Countries Agree to Take Their Citizens Back

President Donald Trump’s immigration agenda has revealed a crucial but little recognized truth. Deportation is not unilateral. It requires an agreement between two countries — one that’s expelling people, and one that’s receiving them. President Trump made mass deportations a signature campaign issue. In the days since he was sworn in, ICE agents have conducted … Read more

High Stakes for Global Companies in Trump’s Latest Tariff Threats

High Stakes for Global Companies in Trump’s Latest Tariff Threats

Mexico’s pitch to companies considering the American market was simple. Worried about vulnerable supply chains? Need to reduce your reliance on China? Want an inexpensive spot close to the United States with favorable trade rules? Try Mexico. Thousands of companies, from family enterprises to powerhouse brands, in Asia, Europe and elsewhere have done just that … Read more

Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules

Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules

As European automakers brace for a possible trade war waged by President Trump, they are working to ward off another threat on their home turf: the prospect of paying hundreds of millions of dollars to Tesla and Chinese competitors muscling in on their core markets. Under stricter European Union regulations taking effect this year, automakers … Read more

The One Where Europe Gets Bullied

The One Where Europe Gets Bullied

On Saturday last week, Germany offered a stark portrait of its political scene. It appears to be a nation grappling with its past, its future and an unsettling present. Thousands took to the streets of German cities, rallying against the rise of the far-right Alternative for Germany (AfD). Yet, on the same day, another event … Read more

Tesla’s Profit Fell Sharply Last Year

Tesla’s Profit Fell Sharply Last Year

Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric cars. The company, which is led by Elon Musk, said it made a profit of $2.3 billion during the last three months of 2024. That … Read more

Where is the lunar new year celebrated and who celebrates it?

Where is the lunar new year celebrated and who celebrates it?

The Lunar New Year begins Jan. 29, and communities across the United States and worldwide are holding celebrations.  China’s most important holiday — the Lunar New Year is also widely celebrated in South Korea, Vietnam and other countries where Chinese residents make up significant parts of the national population, according to the National Museum of Asian Art.  … Read more

As Trump’s tariffs loom, analysts say China is better prepared than ever for a trade war with the U.S.

As Trump's tariffs loom, analysts say China is better prepared than ever for a trade war with the U.S.

Hong Kong — The pounding of drums has rung out across China this week, intended to ward off evil spirits in a centuries-old tradition as the Chinese welcome the lunar new year. This year, new year hopes for prosperity are of even greater importance, as China braces itself for Trump 2.0. “China hopes for the best … Read more

Who Is Liang Wenfeng, the Founder of A.I. Start-Up DeepSeek?

Who Is Liang Wenfeng, the Founder of A.I. Start-Up DeepSeek?

In technology, many entrepreneurs get only one defining act. Liang Wenfeng, the founder of DeepSeek, is already on his second. The engineer, described by colleagues as introspective, first made his mark in China’s investment world in the late 2010s, cofounding a hedge fund that used artificial-intelligence models to deliver strong returns and attracted billions of … Read more